Frederic S Lee
Biographic Data
| ID | 537561 |
|---|---|
| NAME | Frederic S Lee |
| GIVEN NAMES | Frederic S |
| FAMILY NAME | Lee |
| SIGNATURE | LEE F S |
| AFFILIATIONS | University of Missouri–Kansas City |
| VERIFIED | No |
| TOTAL WORKS | 27 |
| TOTAL CITATIONS | 128 |
| AUTHOR COUNT | 26 |
| EDITOR COUNT | 1 |
| FIRST PUBLICATION YEAR | 1899 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 7 |
The Heterodox Economics of Gardiner C. Means: A Collection
This book surveys the complicated history of U.S.-Chinese relations. After two brief chapters providing historical context, the focus shifts to the mid-twentieth century, the wartime alliance, the war's bitter aftermath, and the decades since World War II, including the path from normalisation to China's hosting of the 2008 Summer Olympics. The author traces the ways in which the two countries have managed the blend of common and competitive inte…
Donald W. Katzner, At the Edge of Camelot: Debating Economics in Turbulent Times
Donald Katzner has written a very interesting and informative book about the emergence of the best known U.S. economics department in radical-heterodox economics: University of Massachusetts at Amherst (or UMass). UMass was not the first heterodox economics department that was nationally recognized as heterodox in some manner and turned out heterodox doctoral students—that distinction belongs to the University of Texas; but in the 1970s Texas was…
Symposium on the Future of Post-Keynesian Economics and Heterodox Economics contra their Critics (Part 2)
Symposium on the Future of Post-Keynesian Economics and Heterodox Economics contra their Critics (Part 2)." Review of Political Economy, 24(3), p. 449
Heterodox Economics and its Critics
Heterodox economics has its critics. Most of the criticisms are friendly comments and analysis directed towards improving heterodox economic theory. However, the critics and their criticisms that are the concern of this article are the ones that challenge the existence of heterodox economic theory and the community of heterodox economists as manifested through their graduate programs, conferences, journals and identity. These critics observe that…
Social Surplus Approach and Heterodox Economics
Given the emphasis on social provisioning in heterodox economics, two of its central theoretical organizing principles are the concepts of the total social product and the social surplus. This appears to link heterodox economics to the social surplus approach associated with the classical economists and currently with Sraffian economists. However, heterodox economics connects agency with the social surplus and the social product, which the Sraffi…
Modeling the Economy as a Whole: An Integrative Approach
This article integrates the social surplus approach with input-output, stock-flow consistent, social accounting, and social fabric modeling with a structure-agency methodology to develop a historically grounded model of the economy. The first two sections develop a model of the monetary structure of the social provisioning process. The third section introduces agency into the model in the form of the acting organization. The fourth section uses t…
Ranking Economics Departments in a Contested Discipline: A Bibliometric Approach to Quality Equality Between Theoretically Distinct Subdisciplines
Quality ranking of economic journals and departments is a widespread practice in the United States. The methods used are peer review and bibliometric measures. In a divided discipline such as economics scientific knowledge is contested. So knowing which journals and departments are the best in terms of research is somewhat muddied. If the methods used to measure the production of quality scientific knowledge are tilted towards one of the conteste…
Research Quality Rankings of Heterodox Economic Journals in a Contested Discipline
This article argues that the discipline of economics consists of two subdisciplines: heterodox and mainstream economics. Being distinct bodies of knowledge, it is possible that the processes of building scientific knowledge are different enough so to generate distinctly different referencing and citation practices. Therefore, a specific impact contribution score is necessary for ranking heterodox journals in terms of their contribution to buildin…
Radical Economics and Labour
Introduction: Radical Economics and the Labor Movement Frederic S. Lee and Jon Bekken 1. Senex's Letters on Associated Labour and the Pioneer, 1834: A Syndicalist Political Economy in the Making, Noel Thompson 2. Peter Kropotkin's Anarchist Economics for a New Society, Jon Bekken 3. Some Notes on Anarchist Economic Thought Mathew Forstater 4. The Economics of the Industrial Workers of the World: Job Control and Revolution Frederic S. Lee 5. Econo…
A History of Heterodox Economics: Challenging the Mainstream in the Twentieth Century
Economics is a contested academic discipline between neoclassical economics and a collection of alternative approaches, such as Marxism-radical economics, Institutional economics, Post Keynesian economics, and others, that can collectively be called heterodox economics. Because of the dominance of neoclassical economics, the existence of the alternative approaches is generally not known. This book is concerned with the community history of hetero…
A case for ranking heterodox journals and departments
Purpose The purpose of this paper is to present, for the first time, a case for ranking heterodox journals and departments. Design/methodology/approach The first section of the article briefly delineates the intellectual and social organization of heterodox economics as a social system of scientific activity. This background is then used to argue the case for ranking heterodox journals (section two) and heterodox departments (section three). An e…
Publishing, ranking, and the future of heterodox economics
Purpose The purpose of the “Introduction” is to provide the motivation and context for the articles of this special issue and an overview and summary of the contributions that follow. Design/methodology/approach The paper provides an overview and summary of the contributions in the special issue. Findings It is argued that heterodoxies had gained a considerable and growing influence on research orientations, methodologies, and critical reflection…
The Role of Oral History in the Historiography of Heterodox Economics
In recent years, we have witnessed in the history of economics a remarkable increase in the
Pasinetti, Keynes and the multiplier
This paper explores the relationship between the Keynesian multiplier and Pasinetti's model of pure production. Key assumptions of Pasinetti's model are its multisectoral structure, the definition of all income as a reward to labouring activities and, as a consequence, the operation of a pure labour theory of value. A translation between these models is effected by introducing investment as an exogenous determinant. By drawing from Keynes to appl…
History and Identity: The Case of Radical Economics and Radical Economists, 1945-70
The article uncovers and reconstructs the emergence of radical economics in postwar America, starting with the impact of McCarthyism on economics and the teaching of Marxism through the emergence of the Union for Radical Political Economics (URPE) in 1968. In addition, the issue of the historical identity of radical economists is addressed in the article through its narrative that reenacts its development from McCarthyism to the emergence of URPE…
The Incoherent Emperor: A Heterodox Critique of Neoclassical Microeconomic Theory
It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the many critiques or that as a collective they completely undermine neoclassical theory. The objective of the article is to dispel ignorance by using the existing criticisms to delineate a systematic critique of…
Conference of Socialist Economists and the emergence of heterodox economics in post-war Britain
Peer Review, the Research Assessment Exercise and the Demise of Non-Mainstream Economics
This article argues that the theoretical and methodological divisions within economics combined with the institutional arrangement of the Research Assessment Exercise and peer review has produced a state affairs which poses a serious risk to the future existence of non-mainstream economics. The conclusion of the article is that, due to the peer review-led Research Assessment Exercise which governs the disbursement of research monies for British u…
Research Selectivity, Managerialism, and the Academic Labor Process: The Future of Nonmainstream Economics in U.K. Universities
This paper reports the results of empirical research designed to explore the impact of research selectivity on the work and employment of academic economists in U.K. universities. Research selectivity is seen as part of the general trend toward "managerialism" in higher education in both the U.K. and abroad. Managerialism based on performance indicators and hierarchical control has been contrasted with collegiate control-based or informal peer re…
Part II of Article 3 (Review of Political Economy, 6,3)
The Economics of Competitive Enterprise: Selected Essays of P. W. S. Andrews
Journal Article The Economics of Competitive Enterprise: Selected Essays of P. W. S. Andrews. Get access The Economics of Competitive Enterprise: Selected Essays of P. W. 5. Andrews. Edited by Frederic S. Lee and Peter E. Earl. (Aldershot and Brookfield, VT: Edward Elgar, 1993. Pp. xi + 437. £49.95 hardback. ISBN 1 85278 891 7-) R. Rothschild R. Rothschild Lancaster University Search for other works by this author on: Oxford Academic Google Schol…
From post-Keynesian to historical price theory, part I: Facts, theory and empirically grounded pricing model ∗
The paper develops an empirically grounded pricing model by first examining the business enterprise pricing equation and its empirical features, and then secondly examining the empirical properties of the prices set by the pricing equations. The third part of the paper is devoted to laying out the empirically grounded pricing model and then delineating its empirical and theoretical properties. The paper concludes that, since the pricing model is …
Oxford Economics and Oxford Economists
Journal Article Oxford Economics and Oxford Economists. Get access Oxford Economics and Oxford Economists. By Young (Warren) and LEE (FREDERICS.). (London and Basingstoke: Macmillan, 1993. Pp. xiii + 271. £45.00 hardback. ISBN 0 333 51362 2.) Peter Sinclair Peter Sinclair University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 104, Issue 427, 1 November 1994, Pages 1491–1493, …
The Modern Corporation and Gardiner Means’s Critique of Neoclassical Economics
There is no doubt that Adolf Berle and Gardiner Means's The Modern Corporation and Private Property has been one of the most influential books of the twentieth century. For neoclassical economists, the book's importance lies in its arguments about the separation of ownership from control and the implication of this for the assumption of profit maximization. However, they do not view the book as a critical attack on their theory, despite both Mean…
From Multi-Industry Planning to Keynesian Planning: Gardiner Means, the American Keynesians, and National Economic Planning at the National Resources Committee
In recent years we have witnessed a revival of interest in the National Resources Committee (NRC) and its work on national planning. The research shows that the roots of national planning at the NRC are found in the Progressive Era, when individuals sought, through city, regional, and economic planning, to bring order to American society, in the government's management of the economy during World War I, and in Hoover's attempt at macromanagement …
Research Selectivity, Managerialism, and the Academic Labor Process: The Future of Nonmainstream Economics in U.K. Universities
This paper reports the results of empirical research designed to explore the impact of research selectivity on the work and employment of academic economists in U.K. universities. Research selectivity is seen as part of the general trend toward "managerialism" in higher education in both the U.K. and abroad. Managerialism based on performance indicators and hierarchical control has been contrasted with collegiate control-based or informal peer re…
The Incoherent Emperor: A Heterodox Critique of Neoclassical Microeconomic Theory
It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the many critiques or that as a collective they completely undermine neoclassical theory. The objective of the article is to dispel ignorance by using the existing criticisms to delineate a systematic critique of…
Peer Review, the Research Assessment Exercise and the Demise of Non-Mainstream Economics
This article argues that the theoretical and methodological divisions within economics combined with the institutional arrangement of the Research Assessment Exercise and peer review has produced a state affairs which poses a serious risk to the future existence of non-mainstream economics. The conclusion of the article is that, due to the peer review-led Research Assessment Exercise which governs the disbursement of research monies for British u…
Heterodox Economics and its Critics
Heterodox economics has its critics. Most of the criticisms are friendly comments and analysis directed towards improving heterodox economic theory. However, the critics and their criticisms that are the concern of this article are the ones that challenge the existence of heterodox economic theory and the community of heterodox economists as manifested through their graduate programs, conferences, journals and identity. These critics observe that…
From post-Keynesian to historical price theory, part I: Facts, theory and empirically grounded pricing model ∗
The paper develops an empirically grounded pricing model by first examining the business enterprise pricing equation and its empirical features, and then secondly examining the empirical properties of the prices set by the pricing equations. The third part of the paper is devoted to laying out the empirically grounded pricing model and then delineating its empirical and theoretical properties. The paper concludes that, since the pricing model is …
Publishing, ranking, and the future of heterodox economics
Purpose The purpose of the “Introduction” is to provide the motivation and context for the articles of this special issue and an overview and summary of the contributions that follow. Design/methodology/approach The paper provides an overview and summary of the contributions in the special issue. Findings It is argued that heterodoxies had gained a considerable and growing influence on research orientations, methodologies, and critical reflection…
The Role of Oral History in the Historiography of Heterodox Economics
In recent years, we have witnessed in the history of economics a remarkable increase in the
Research Quality Rankings of Heterodox Economic Journals in a Contested Discipline
This article argues that the discipline of economics consists of two subdisciplines: heterodox and mainstream economics. Being distinct bodies of knowledge, it is possible that the processes of building scientific knowledge are different enough so to generate distinctly different referencing and citation practices. Therefore, a specific impact contribution score is necessary for ranking heterodox journals in terms of their contribution to buildin…
A case for ranking heterodox journals and departments
Purpose The purpose of this paper is to present, for the first time, a case for ranking heterodox journals and departments. Design/methodology/approach The first section of the article briefly delineates the intellectual and social organization of heterodox economics as a social system of scientific activity. This background is then used to argue the case for ranking heterodox journals (section two) and heterodox departments (section three). An e…
From Multi-Industry Planning to Keynesian Planning: Gardiner Means, the American Keynesians, and National Economic Planning at the National Resources Committee
In recent years we have witnessed a revival of interest in the National Resources Committee (NRC) and its work on national planning. The research shows that the roots of national planning at the NRC are found in the Progressive Era, when individuals sought, through city, regional, and economic planning, to bring order to American society, in the government's management of the economy during World War I, and in Hoover's attempt at macromanagement …
Oxford Economics and Oxford Economists
Journal Article Oxford Economics and Oxford Economists. Get access Oxford Economics and Oxford Economists. By Young (Warren) and LEE (FREDERICS.). (London and Basingstoke: Macmillan, 1993. Pp. xiii + 271. £45.00 hardback. ISBN 0 333 51362 2.) Peter Sinclair Peter Sinclair University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 104, Issue 427, 1 November 1994, Pages 1491–1493, …
Modeling the Economy as a Whole: An Integrative Approach
This article integrates the social surplus approach with input-output, stock-flow consistent, social accounting, and social fabric modeling with a structure-agency methodology to develop a historically grounded model of the economy. The first two sections develop a model of the monetary structure of the social provisioning process. The third section introduces agency into the model in the form of the acting organization. The fourth section uses t…
Ranking Economics Departments in a Contested Discipline: A Bibliometric Approach to Quality Equality Between Theoretically Distinct Subdisciplines
Quality ranking of economic journals and departments is a widespread practice in the United States. The methods used are peer review and bibliometric measures. In a divided discipline such as economics scientific knowledge is contested. So knowing which journals and departments are the best in terms of research is somewhat muddied. If the methods used to measure the production of quality scientific knowledge are tilted towards one of the conteste…
The Economics of Competitive Enterprise: Selected Essays of P. W. S. Andrews
Journal Article The Economics of Competitive Enterprise: Selected Essays of P. W. S. Andrews. Get access The Economics of Competitive Enterprise: Selected Essays of P. W. 5. Andrews. Edited by Frederic S. Lee and Peter E. Earl. (Aldershot and Brookfield, VT: Edward Elgar, 1993. Pp. xi + 437. £49.95 hardback. ISBN 1 85278 891 7-) R. Rothschild R. Rothschild Lancaster University Search for other works by this author on: Oxford Academic Google Schol…
Conference of Socialist Economists and the emergence of heterodox economics in post-war Britain
General physiology; an outline of the science of life
A New Dealer in Agriculture: G.C.Means and the Writing of Industrial Prices
I have been exceedingly interested in the paper on Price inflexibility which you kindly sent me. I think that your distinction between market prices and administered prices is one of first class importance and very illuminating. I have been aware of the point in a dim sort of way, but had not crystallized it, as you have. Nor had I realized how sharp and important a division there is in practice between the two. [Keynes, 1935] ∗0034-6764/88/1001-…
The Modern Corporation and Gardiner Means’s Critique of Neoclassical Economics
There is no doubt that Adolf Berle and Gardiner Means's The Modern Corporation and Private Property has been one of the most influential books of the twentieth century. For neoclassical economists, the book's importance lies in its arguments about the separation of ownership from control and the implication of this for the assumption of profit maximization. However, they do not view the book as a critical attack on their theory, despite both Mean…
From Multi-Industry Planning to Keynesian Planning: Gardiner Means, the American Keynesians, and National Economic Planning at the National Resources Committee
In recent years we have witnessed a revival of interest in the National Resources Committee (NRC) and its work on national planning. The research shows that the roots of national planning at the NRC are found in the Progressive Era, when individuals sought, through city, regional, and economic planning, to bring order to American society, in the government's management of the economy during World War I, and in Hoover's attempt at macromanagement …
From post-Keynesian to historical price theory, part I: Facts, theory and empirically grounded pricing model ∗
The paper develops an empirically grounded pricing model by first examining the business enterprise pricing equation and its empirical features, and then secondly examining the empirical properties of the prices set by the pricing equations. The third part of the paper is devoted to laying out the empirically grounded pricing model and then delineating its empirical and theoretical properties. The paper concludes that, since the pricing model is …
Oxford Economics and Oxford Economists
Journal Article Oxford Economics and Oxford Economists. Get access Oxford Economics and Oxford Economists. By Young (Warren) and LEE (FREDERICS.). (London and Basingstoke: Macmillan, 1993. Pp. xiii + 271. £45.00 hardback. ISBN 0 333 51362 2.) Peter Sinclair Peter Sinclair University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 104, Issue 427, 1 November 1994, Pages 1491–1493, …
Part II of Article 3 (Review of Political Economy, 6,3)
The Economics of Competitive Enterprise: Selected Essays of P. W. S. Andrews
Journal Article The Economics of Competitive Enterprise: Selected Essays of P. W. S. Andrews. Get access The Economics of Competitive Enterprise: Selected Essays of P. W. 5. Andrews. Edited by Frederic S. Lee and Peter E. Earl. (Aldershot and Brookfield, VT: Edward Elgar, 1993. Pp. xi + 437. £49.95 hardback. ISBN 1 85278 891 7-) R. Rothschild R. Rothschild Lancaster University Search for other works by this author on: Oxford Academic Google Schol…
Research Selectivity, Managerialism, and the Academic Labor Process: The Future of Nonmainstream Economics in U.K. Universities
This paper reports the results of empirical research designed to explore the impact of research selectivity on the work and employment of academic economists in U.K. universities. Research selectivity is seen as part of the general trend toward "managerialism" in higher education in both the U.K. and abroad. Managerialism based on performance indicators and hierarchical control has been contrasted with collegiate control-based or informal peer re…
Peer Review, the Research Assessment Exercise and the Demise of Non-Mainstream Economics
This article argues that the theoretical and methodological divisions within economics combined with the institutional arrangement of the Research Assessment Exercise and peer review has produced a state affairs which poses a serious risk to the future existence of non-mainstream economics. The conclusion of the article is that, due to the peer review-led Research Assessment Exercise which governs the disbursement of research monies for British u…
Conference of Socialist Economists and the emergence of heterodox economics in post-war Britain
History and Identity: The Case of Radical Economics and Radical Economists, 1945-70
The article uncovers and reconstructs the emergence of radical economics in postwar America, starting with the impact of McCarthyism on economics and the teaching of Marxism through the emergence of the Union for Radical Political Economics (URPE) in 1968. In addition, the issue of the historical identity of radical economists is addressed in the article through its narrative that reenacts its development from McCarthyism to the emergence of URPE…
The Incoherent Emperor: A Heterodox Critique of Neoclassical Microeconomic Theory
It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the many critiques or that as a collective they completely undermine neoclassical theory. The objective of the article is to dispel ignorance by using the existing criticisms to delineate a systematic critique of…
Pasinetti, Keynes and the multiplier
This paper explores the relationship between the Keynesian multiplier and Pasinetti's model of pure production. Key assumptions of Pasinetti's model are its multisectoral structure, the definition of all income as a reward to labouring activities and, as a consequence, the operation of a pure labour theory of value. A translation between these models is effected by introducing investment as an exogenous determinant. By drawing from Keynes to appl…
The Role of Oral History in the Historiography of Heterodox Economics
In recent years, we have witnessed in the history of economics a remarkable increase in the
A case for ranking heterodox journals and departments
Purpose The purpose of this paper is to present, for the first time, a case for ranking heterodox journals and departments. Design/methodology/approach The first section of the article briefly delineates the intellectual and social organization of heterodox economics as a social system of scientific activity. This background is then used to argue the case for ranking heterodox journals (section two) and heterodox departments (section three). An e…
Publishing, ranking, and the future of heterodox economics
Purpose The purpose of the “Introduction” is to provide the motivation and context for the articles of this special issue and an overview and summary of the contributions that follow. Design/methodology/approach The paper provides an overview and summary of the contributions in the special issue. Findings It is argued that heterodoxies had gained a considerable and growing influence on research orientations, methodologies, and critical reflection…
Radical Economics and Labour
Introduction: Radical Economics and the Labor Movement Frederic S. Lee and Jon Bekken 1. Senex's Letters on Associated Labour and the Pioneer, 1834: A Syndicalist Political Economy in the Making, Noel Thompson 2. Peter Kropotkin's Anarchist Economics for a New Society, Jon Bekken 3. Some Notes on Anarchist Economic Thought Mathew Forstater 4. The Economics of the Industrial Workers of the World: Job Control and Revolution Frederic S. Lee 5. Econo…
A History of Heterodox Economics: Challenging the Mainstream in the Twentieth Century
Economics is a contested academic discipline between neoclassical economics and a collection of alternative approaches, such as Marxism-radical economics, Institutional economics, Post Keynesian economics, and others, that can collectively be called heterodox economics. Because of the dominance of neoclassical economics, the existence of the alternative approaches is generally not known. This book is concerned with the community history of hetero…
Ranking Economics Departments in a Contested Discipline: A Bibliometric Approach to Quality Equality Between Theoretically Distinct Subdisciplines
Quality ranking of economic journals and departments is a widespread practice in the United States. The methods used are peer review and bibliometric measures. In a divided discipline such as economics scientific knowledge is contested. So knowing which journals and departments are the best in terms of research is somewhat muddied. If the methods used to measure the production of quality scientific knowledge are tilted towards one of the conteste…
Research Quality Rankings of Heterodox Economic Journals in a Contested Discipline
This article argues that the discipline of economics consists of two subdisciplines: heterodox and mainstream economics. Being distinct bodies of knowledge, it is possible that the processes of building scientific knowledge are different enough so to generate distinctly different referencing and citation practices. Therefore, a specific impact contribution score is necessary for ranking heterodox journals in terms of their contribution to buildin…
Social Surplus Approach and Heterodox Economics
Given the emphasis on social provisioning in heterodox economics, two of its central theoretical organizing principles are the concepts of the total social product and the social surplus. This appears to link heterodox economics to the social surplus approach associated with the classical economists and currently with Sraffian economists. However, heterodox economics connects agency with the social surplus and the social product, which the Sraffi…
Modeling the Economy as a Whole: An Integrative Approach
This article integrates the social surplus approach with input-output, stock-flow consistent, social accounting, and social fabric modeling with a structure-agency methodology to develop a historically grounded model of the economy. The first two sections develop a model of the monetary structure of the social provisioning process. The third section introduces agency into the model in the form of the acting organization. The fourth section uses t…
Donald W. Katzner, At the Edge of Camelot: Debating Economics in Turbulent Times
Donald Katzner has written a very interesting and informative book about the emergence of the best known U.S. economics department in radical-heterodox economics: University of Massachusetts at Amherst (or UMass). UMass was not the first heterodox economics department that was nationally recognized as heterodox in some manner and turned out heterodox doctoral students—that distinction belongs to the University of Texas; but in the 1970s Texas was…
Symposium on the Future of Post-Keynesian Economics and Heterodox Economics contra their Critics (Part 2)
Symposium on the Future of Post-Keynesian Economics and Heterodox Economics contra their Critics (Part 2)." Review of Political Economy, 24(3), p. 449
Economics (25 works) · Economic Theory and Institutions (18 works) · Political science (15 works) · Sociology (13 works) · Law (12 works) · Neoclassical economics (11 works) · Positive economics (11 works) · Political Economy and Marxism (9 works) · Economic Theory and Policy (8 works) · Social science (8 works)