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R&D activity and financing constraints: Evidence from Turkey (2020)
Journal Article
Gezici, A., Orhangazi, Ö., & Yalçın, C. (2020). R&D activity and financing constraints: Evidence from Turkey. Panoeconomicus, 67(4), 557-571. https://doi.org/10.2298/pan170420011g

We analyze the relationship between financing constraints and firms’ R&D activity using a rich and comprehensive firm-level balance sheet and income statement data set of manufacturing firms in Turkey for the period 1996 to 2013. Using a firm-specifi... Read More about R&D activity and financing constraints: Evidence from Turkey.

Education and the geography of Brexit (2020)
Journal Article
Calvert Jump, R., & Michell, J. (2023). Education and the geography of Brexit. Journal of Elections, Public Opinion and Parties, 33(1), https://doi.org/10.1080/17457289.2020.1839471

While it is well established that educational attainment is highly correlated with Brexit voting patterns, the predictive capacity of education has attracted less attention. Using full-sample and split-sample exercises, this paper demonstrates that e... Read More about Education and the geography of Brexit.

Celso Furtado and the Myth of Economic Development: Rethinking Development from Exile (2020)
Journal Article
Loureiro, P., Rugitsky, F., & Saad-Filho, A. (2021). Celso Furtado and the Myth of Economic Development: Rethinking Development from Exile. Review of Political Economy, 33(1), 28-43. https://doi.org/10.1080/09538259.2020.1827546

This article introduces two previously unpublished working papers by the Brazilian economist Celso Furtado (1920–2004). Following a brief outline of his life and ideas, the arguments in the two papers are examined, taking into account their context a... Read More about Celso Furtado and the Myth of Economic Development: Rethinking Development from Exile.

Variegated financialization and pension fund asset demand: The case of Colombia and Perú (2020)
Journal Article
Bonizzi, B., Churchill, J., & Guevara, D. (2021). Variegated financialization and pension fund asset demand: The case of Colombia and Perú. Socio-Economic Review, 19(2), 789-815. https://doi.org/10.1093/ser/mwaa033

This article seeks to explain concretely how one ‘variegation’ of financialization in the emerging economy setting is being shaped by the growth of domestic pension funds. Taking Colombia and Perú as case studies, we explore the evolution of pension... Read More about Variegated financialization and pension fund asset demand: The case of Colombia and Perú.

The decline of neoliberalism: A play in three acts (2020)
Journal Article
Rugitsky, F. (2020). The decline of neoliberalism: A play in three acts. Brazilian Journal of Political Economy, 40(4), 587-603. https://doi.org/10.1590/0101-31572020-3202

This paper aims to examine the political and economic consequences of the pandemic caused by the new coronavirus, setting it in the context of a Gramscian interregnum. First, the dismantling of the triangular articulation of the world market that cha... Read More about The decline of neoliberalism: A play in three acts.

Selling salvation, selling success: Neoliberalism and the US Prosperity Gospel (2020)
Journal Article
Wrenn, M. V. (2021). Selling salvation, selling success: Neoliberalism and the US Prosperity Gospel. Cambridge Journal of Economics, 45(2), 295-311. https://doi.org/10.1093/cje/beaa048

Neoliberalism relies on optimism. Without faith in meritocracy-unwavering belief that rewards will eventually and justly come to those who work hard enough-support for the capitalist system and belief in neoliberalism would unravel. How that optimism... Read More about Selling salvation, selling success: Neoliberalism and the US Prosperity Gospel.

Does emigration affect pro-environmental behaviour back home? A long-term, local-level perspective (2020)
Journal Article
Ivlevs, A. (2021). Does emigration affect pro-environmental behaviour back home? A long-term, local-level perspective. Kyklos, 74(1), 48-76. https://doi.org/10.1111/kykl.12257

This study provides novel evidence on the effects of emigration on pro-environmental behaviour back home. Focusing on the seven successor states of former Yugoslavia, I explore the relationship between people’s present-day pro-environmental action an... Read More about Does emigration affect pro-environmental behaviour back home? A long-term, local-level perspective.

Former Communist party membership and present-day entrepreneurship (2020)
Journal Article
Ivlevs, A., Nikolova, M., & Popova, O. (2021). Former Communist party membership and present-day entrepreneurship. Small Business Economics, 57, 1783–1800. https://doi.org/10.1007/s11187-020-00364-6

After the collapse of communism in Central and Eastern Europe, former party members were particularly likely to start businesses and become entrepreneurs. What remains unclear, however, is whether this entrepreneurial activity was driven by the resou... Read More about Former Communist party membership and present-day entrepreneurship.

From mad to mindful: Corporate control through corporate spirituality (2020)
Journal Article
Wrenn, M. V. (2020). From mad to mindful: Corporate control through corporate spirituality. Journal of Economic Issues, 54(2), 503-509. https://doi.org/10.1080/00213624.2020.1756660

Abstract: Capitalism has always and will always depend on a compliant workforce. Maintaining the delicate balance between a worker who is just “not-unhappy” enough or desperate enough to continue working while also cutting costs to the bone presents... Read More about From mad to mindful: Corporate control through corporate spirituality.

Are social costs the outcome of struggles over truth? (2020)
Journal Article
Berger, S. (2020). Are social costs the outcome of struggles over truth?. Journal of Economic Issues, 54(2), 525-534. https://doi.org/10.1080/00213624.2020.1759021

© 2020, © 2020, Journal of Economic Issues / Association for Evolutionary Economics. Abstract: This article critically examines the institutional economics theory of social costs by way of reviewing The Dark Places of Business Enterprise: Reinstating... Read More about Are social costs the outcome of struggles over truth?.

The nature of money in a convertible currency world (2020)
Journal Article
Sissoko, C. (2020). The nature of money in a convertible currency world. Review of Economic Analysis, 12(1),

In a world where the means of exchange is convertible into the numeraire consumption good at a fixed rate, no one wants to hold money over time – and due to convertibility there is no means by which the Friedman rule can generate deflation. This is t... Read More about The nature of money in a convertible currency world.

Veblen, Veblenian social practices, and prosperity theology (2020)
Journal Article
Wrenn, M. (2020). Veblen, Veblenian social practices, and prosperity theology. Journal of Economic Issues, 54(1), 1-18. https://doi.org/10.1080/00213624.2020.1720560

Abstract: At the turn of the twentieth century (1910), Veblen published an essay which explored the relationship between Christianity and capitalism by focusing on the interaction between the two institutions as they evolved. Veblen’s analysis begins... Read More about Veblen, Veblenian social practices, and prosperity theology.

On Veblenian waste and Polanyian protective responses: Evidence from the US (2020)
Journal Article
Wrenn, M. V. (2020). On Veblenian waste and Polanyian protective responses: Evidence from the US. Panoeconomicus, 67(4), 449-464. https://doi.org/10.2298/PAN170925002W

As capitalism unfolds, continual technological advance in combination with the relentless accumulation imperative serves to amplify material progress. The institutionalization of the market fundamentally changes the structure of society and the inst... Read More about On Veblenian waste and Polanyian protective responses: Evidence from the US.