Podd: Ceteris Never Paribus: The History of Economic Thought Podcast

TRAILER: Miniseries on Supervision – COMING SOON!!!

11 december 2024 | 3 min

About degrowth, breaking rules, writing and other things! Episode 42

13 augusti 2024 | 60 min

Decolonising Development, Episode 41

11 april 2024 | 53 min

A Political Economy of Power, Episode 40

4 mars 2024 | 47 min

The (ignored) blindspots of International Political Economy, Episode 39

27 februari 2024 | 57 min

The Agrarian Question in India, Episode 38

11 december 2023 | 39 min

The History of Counting Where Few Have Looked Before, Episode 37

11 december 2023 | 38 min

Elucidating the Role of Value Judgments in Normative Economics, Episode 36

13 oktober 2023 | 44 min

CWP Stories, Part II, Episode 35

26 september 2023 | 61 min

Slavery, Capitalism and the Industrial Revolution, Episode 34

16 augusti 2023 | 67 min

CWP Stories, Part I, Episode 33

27 juli 2023 | 43 min

The Centre for the History of Knowledge (LUCK), Episode 32

24 april 2023 | 44 min

Cléo Chassonnery-Zaïgouche, Episode 31

11 april 2023 | 29 min

Exit Capitalism! A New Board Game, Episode 30

21 mars 2023 | 28 min

Inequality: Part II, Episode 29

15 mars 2023 | 54 min

Inequality: Part I, Episode 28

14 mars 2023 | 61 min

Book Panel Jan Tinbergen and the Rise of Economic Expertise, Episode 27

30 augusti 2021 | 63 min

A cataclysm sentence for economics, Episode 26

27 maj 2021 | 54 min

Guests: Peter Bent, François Allisson, Herman Daly and Sara Stevano (see below for more information).Host and Producer: Maria Bach, Centre Walras Pareto, Unil, Lasuanne (former Assistant Professor of Economics at the American University of Paris)Guest hosts: Wilhelm Aminoff, Wyatt DeLong, Farrah Aridou, Jonathan Noulowe II and Paul Harding, students of a history of economics course at the American University of Paris. Inspired by Radiolab's episode on the cataclysm sentence, this episode explores whether we could find a cataclysm sentence for economics. Radiolab had found out about the famous and award winning physicist, Richard Feynman, who in the 60s wanted to revamp the physics undergraduate degree to get more researchers into physics. He started his course at Caltech with what he called the cataclysm sentence, which is: “If, in some cataclysm, all of scientific knowledge were to be destroyed, and only one sentence was passed on to the next generation of creatures, what statement would contain the most information in the fewest words?” We changed it a bit to apply only to economics: "The one piece of economic knowledge that you would pass on to a future society if ours were to perish in a cataclysm." Along with students at the American University of Paris, we interviewed four people, an economic historian, an ecological economist, a feminist political economist and an historian of economics. Here is the list of their cataclysm sentences: Peter Bent, Department of Economics, Trinity College, Connecticut, USA Julie Nelson's (UMass Boston) definition of economics: "The study of the ways societies organize themselves to provide for the survival and flourishing of life." Herman Daly, School of Public Policy, University of Maryland, USA "Although not reducible to biophysics, the human economy is nevertheless ecologically constrained, especially in its primary macroeconomic goal of aggregate growth, by the fact that it is a physical subsystem of a finite ecosphere that lives from a non growing entropic flow of solar energy captured by scarce and depleting terrestrial materials.” Sara Stevano, Department of Economics, The School of Oriental and African Studies, London "Power relations are intrinsic to economic phenomena at multiple and interconnected scales." François Allisson, Centre Walras Pareto, Unil, Lausanne "Economics was a temporary scienceNecessary in times of perceived scarcityTo understand the waysIn which human needsTranslatedIn various ways of organising human activities" (pictured above) While everyone had slightly different takes on the task and took us down different avenues of knowledge, there were several common themes. So fasten your seat belts, as we take you on a journey of discovery and at times a rather philosophical, utopic and radical discussion about what really matters. Featured music (apart from the usual intro and outro music): Sounds by Jordan Powell, Erokia: https://freesound.org/people/Erokia/

James Buchanan and the Soul of Classical Political Economy, Episode 25

15 mars 2021 | 57 min

Relocating Modern Science with Kapil Raj, Episode 24

4 februari 2021 | 68 min

German Socio-Economics, Episode 23

23 november 2020 | 63 min

Marginalised Voices, Episode 22

16 juli 2020 | 52 min

Till Düppe on Economics in the German Democratic Republic (East Germany), Episode 21

15 maj 2020 | 71 min

Parenting in Academia, Episode 20

7 april 2020 | 66 min

South Asian Intellectual History with Andrew Sartori, Episode 19

5 februari 2020 | 52 min

Dennis Rasmussen on David Hume and Adam Smith, Episode 18

3 december 2019 | 78 min

The Mont Pelerin Society and the Origins of Neoliberalism with Ola Innset, Episode 17

6 september 2019 | 54 min

Defining and Measuring Poverty, Episode 16

8 augusti 2019 | 29 min

The book that never gets old, Episode 15 with Tiago Mata

23 juli 2019 | 62 min

Maria Bach on Indian Economics in the late 19th century, Episode 14

13 juni 2019 | 58 min

Guest: Maria Bach, The American University of ParisHosted and produced by Reinhard Schumacher In this episode, Reinhard talks with Maria Bach about her PhD thesis Redefining universal development from and at the margins: Indian Economics’ contribution to development discourse, 1870-1905. We discuss her interest in Indian economic thought, her methodological approach of Positive Discourse Analysis, the development of the Indian economy and of Indian economics in the second half of the 19th century. Maria describes how Indian Economics was influenced by the Indian economic experience and the policy they recommended for Indian development. A focus in the discussion is on the distinct concept of development, which Indian economists developed. In Maria's thesis, she focuses on three Indian economists: Dadabhai Naoroji, Mahadev Govind Ranade, and Romesh Chunder Dutt. They are also the main protagonists in our discussion. Maria Bach is an Assistant Professor in the Economics Department at the American University of Paris. She has recently finished her PhD at King’s College London in International Political Economy. In her thesis, she analyses how Indian Political Economists constructed an idea of development at the turn of the 19th century. Before starting her PhD, Maria was a consultant at the Organisation for Economic Cooperation and Development (OECD) in Paris working on a project entitled New Approaches to Economic Challenges. Maria completed her MSc in Development Economics in 2012 at the School of Oriental and African Studies (SOAS) and her BA in International Economics and Applied Mathematics at the American University of Paris in 2011. And Maria is a co-host of Ceteris Never Paribus: The History of Economic Thought Podcast. An article based on some of her Phd research has been published in the European Journal of the History of Economic Thought (EJHET): What laws determine progress? An Indian contribution to the idea of progress based on Mahadev Govind Ranade's works, 1870–1901

Peter Boettke on F. A. Hayek, Episode 13

8 februari 2019 | 72 min

Adam Leeds on the Development of Soviet and Russian Economics, Episode 12

21 december 2018 | 76 min

Paul Dudenhefer on Academic Writing, Episode 11

29 november 2018 | 53 min

Irwin Collier on Economics in the Rear-View Mirror, Episode 10

4 juni 2018 | 55 min

Erwin Dekker on the Viennese Students of Civilization, Episode 9

2 maj 2018 | 75 min

Gareth Dale on the Life of Karl Polanyi, Episode 8

1 mars 2018 | 61 min

Professor Annie Cot on the Master 2 program “Economics and Social Sciences: Epistemology, Methodologies and Theories” at the University of Paris I Panthéon-Sorbonne, Episode 7

10 februari 2018 | 28 min

Professor Medema on ‘ “Exceptional and Unimportant”? The Rise, Fall, and Rebirth of Externalities in Economic Analysis’ at the HPPE Seminar, Episode 6

28 januari 2018 | 57 min

Guest: Steven Medema, Distinguished Professor of Economics at the University of Colorado Denver Hosted and Produced: Christina Laskaridis This episode features the Historical and Philosophical Perspectives on Economics (HPPE) seminar at LSE with Professor Steven Medema on "Exceptional and Unimportant"? The Rise, Fall, and Rebirth of Externalities in Economic Analysis that took place on 8th November 2017. About the presenter: Steven Medema is Distinguished Professor of Economics and Director of CU Denver's University Honors and Leadership Program. His research focuses on the history of twentieth-century economics, and his current project analyzes the origins, diffusion, and controversies over the Coase theorem in economics, law and beyond. He co-edited the 2014 book, Paul Samuelson on the History of Economic Analysis: Selected Essays (CUP) with Anthony Waterman. His 2009 book, The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas (Princeton), was awarded the 2010 Book Prize by the European Society for the History of Economic Thought. Professor Medema served as Editor of the Journal of the History of Economic Thought from 1999-2008 and currently serves as General Editor of Oxford Studies in the History of Economics (OUP). He is a member of the editorial boards of several history of economics journals and served as President of the History of Economics Society for 2009-10. About the Paper: Economists typically locate the origins of the theory of externalities in A.C. Pigou’s The Economics of Welfare (1920, 1932), where Pigou suggested that activities which generate uncompensated benefits or costs—e.g., pollution, lighthouses, scientific research—represent instances of market failure requiring government corrective action. According to this history, Pigou’s effort gave rise to an unbroken Pigovian tradition in externality theory that continues to exert a substantial presence in the literature to this day, even with the stiff criticisms of it laid down by Ronald Coase (1960) and others beginning in the 1960s. This paper challenges that view. It demonstrates that, almost immediately after the publication of The Economics of Welfare, economists largely stopped writing about externalities. On the rare occasions when externalities were mentioned, it was in the context of whether a competitive equilibrium could produce an efficient allocation of resources and to note that externalities were an impediment to the attainment of the optimum. When economists once again began to take up the subject of externalities in a serious way, the very real externality phenomena—pollution, etc.—that had concerned Pigou were not in evidence. Instead, the analysis was targeted at identifying how and why externalities violated the necessary conditions for an optimal allocation of resources in a competitive system. In short, externalities were conceived very differently in the welfare theory of the 1950s than they had been in Pigou’s treatise. It was only when economists began to turn their attention to environmental and urban problems that we see a return to a conception of externalities as real, policy-relevant phenomena—that is, to the type of externality analysis that had preoccupied Pigou and that characterizes the economic analysis of externalities today. Even then, however, the approach to externality policy was anything but straightforwardly Pigovian in nature. The history of externality theory is therefore not a history of a continuous tradition but of changing conceptions of externalities, framed by changing ideas about what economic theory is attempting to achieve. The paper can be downloaded here. About HPPE: The HPPE seminar series is organised by PhD students at the Economic History Department at LSE established by Gerardo Serra and Raphaelle Schwarzberg in 2012. The seminar brings together scholars from different disciplines to discuss the evolution of economic thinking and embraces topics from Ancient Greece...

Debjani Bhattacharyya on The Science of Planning: Notes from Indian Economic History at the HPPE Seminar, Episode 5

3 januari 2018 | 78 min

Presenter: Debjani Bhattacharyya, Drexel University and Leiden University. Hosted and produced by Maria Bach This episode features the Historical and Philosophical Perspectives on Economics (HPPE) seminar at LSE with Debjani Bhattacharyya on The Science of Planning: Notes from Indian Economic History that took place on 15 November 2017. About the presenter: Dr. Debjani Bhattacharyya is Assistant Professor of History at Drexel University and Research Fellow of International Institute of Asian Studies at Leiden University. Her research focuses on modern South Asian history, urban environmental history, legal history and history of economic thought. She has one book in progress and published journal articles on the history of colonial India. At the HPPE seminar she presented some of her latest work on the Science of Planning in colonial India at the beginning of the 20th century. About the paper: The paper traces the emergence of the theories of economic planning in colonial India in an attempt to historicize planning and its various instantiations from roughly the 1930s. By tracing a long genealogy of planning, the paper interrogates the competing ideas and methods of governance that were subsumed under the rubric of planning. What were the overlapping and diverging arenas of the politics and economics of planning? Did planning mean the same thing to the politicians and the economists? The crisis within the planning commission was a crisis of “planning” as an institution, a set of ideas and practices that sought to organize politics, governance and populations in India. Contrary to understanding planning as that technocratization of state administration, the paper concludes by unraveling the incommensurability between developmental planning and the electoral and patronage politics of governing the world’s largest democracy. About HPPE: The HPPE seminar series is organised by PhD students at the Economic History Department at LSE established by Gerardo Serra and Raphaelle Schwarzberg in 2012. The seminar brings together scholars from different disciplines to discuss the evolution of economic thinking and embraces topics from Ancient Greece to contemporary Africa. The seminar inquires how the theory and practice of economics changes with the historical and philosophical context. It aims to provide scholars at any stage of their career with an opportunity to discuss their work with a critical audience. For further information, please contact the current convener, Chung Tang Cheng. Special thanks to both Debjani and Tang for making this episode possible! The following people were heard during the Q&A session: Eleanor Newbigin, Mary Morgan, Hugo Evans, Maria Bach, Jim Thomas and Paul Hudson. Please note that parts of the recording had to be cut due to poor sound quality and background noise. Rest assured that we are continuously working on making our recording practises better!

Bruce Caldwell: HOPE Center, Economists’ Papers Archive, and Hayek Biography, Episode 4

24 november 2017 | 61 min

Prof. Erik Reinert: “80 Economic Bestsellers before 1850: A Fresh Look at the History of Economic Thought”, Episode 3

10 november 2017 | 59 min

Discussing Methods: The History of Economic Thought as the History of Practices with Thomas Stapleford, Episode 2

12 oktober 2017 | 52 min

Guest: Thomas Stapleford, University of Notre Dame Hosted and produced by Maria Bach Additional interviewer: Christina Laskaridis Additional guests: Gonçalo L. Fonseca and Peter H. Bent In this episode, we briefly talk about methods in the History of Economic Thought, before discussing with Thomas Stapleford his paper Historical Epistemology and the History of Economics: Views Through the Lens of Practice. In this paper, Stapleford argues for approaching the history of economic thought as a history of practices. This paper was also on of the topic of a one-day workshop for young scholars organised this May by Maria and Reinhard before the annual conference of the European Society for the History of Economic Thought. Information about the workshop can be found here. A list of the literature mentioned and discussed in the episode: Bakhtin, M. 1986. Speech Genres and Other Late Essays. Trans. Vern W. McGee. Austin, TX: University of Texas Press. Bakhtin, M. 1992. The Dialogic Imagination: Four Essays, Austin: University of Texas Press. Dalston, L. and Galison, P., 2007. Objectivity. MIT Press. Link Foucault, M. 1982. The archaeology of knowledge. (A. M. Sheridan Smith, Trans.). New York: Pantheon Books. Foucault, M. 1988. Politics, philosophy, culture: interviews and other writings, 1977-1984. (L. D. Kritzman, Ed.). New York: Routledge. Holquist, M. 1990. Dialogism: Bakhtin and his World. London; New York: Routledge. Stapleford, T.A., 2017. Historical Epistemology and the History of Economics: Views Through the Lens of Practice. In Research in the History of Economic Thought and Methodology: Including a Symposium on the Historical Epistemology of Economics (pp. 113-145). Emerald Publishing Limited. Link Warwick, A. 1992. Cambridge mathematics and Cavendish physics: Cunningham, Campbell and Einstein’s relativity, 1905-1911. Part I: The uses of theory. Part II: Comparing traditions in Cambridge physics. Studies in the History and Philosophy of Science A, 23, 625–656. Wylie, A., 1992. The interplay of evidential constraints and political interests: recent archaeological research on gender. American antiquity, 57(1), pp.15-35.

Introducing Ceteris non Paribus: The History of Economic Thought Podcast, Episode 1

11 oktober 2017 | 3 min

Ceteris Never Paribus: The History of Economic Thought Podcast

Ceteris Never Paribus: The History of Economic Thought Podcast covers diverse topics from the history of economics, economic thought, and economic ideas such as new research and methodological questio...

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