Category: Academia

Should Economics be Pluralist?

Following the 2008 financial crisis, many economists, as well as many commentators and journalists, have blamed economics for its failure to explain the causes and foresee the consequences of the financial breakdown. Their core target was the dogmatic acceptance by most economists of a single theoretical framework: neo-classical economics. In (very) short, neo-classical economics is a set of theories according to which all social phenomena can be explained by appealing to the optimizing behavior of rational individuals. It also involves a heavy dose of mathematical formalization and statistical methods. In reaction to the crisis, an increasing number of students and academics started to argue for pluralism in economics, or the view that there are several possible legitimate ways of doing economics, beyond neo-classical economics. In response, some economists contended that neo-classical economics was already sufficiently pluralist. They argued that what we usually call neo-classical economics is actually made of a myriad of different (and sometimes conflicting) theories, such as game theory, public choice theory, industrial organization, social choice theory, labor economics, behavioral economics, etc.

This debate raises numerous questions. What (if anything) justifies pluralism in economics? And do we have enough of it, or do we need more? Where does pluralism stop? What does pluralism entail for individual economists? Should every economist be a pluralist? I cannot answer all these questions here. I shall only propose an answer to the first one.

(more…)

What are the values of the left?

This a guest post by Marius Ostrowski (Examination Fellow in Politics at All Souls College, University of Oxford). He is the author of the recently published book Left Unity: Manifesto for a Progressive Alliance.

‘Being on the left’ can mean a variety of different things. Most commonly, it refers in a partisan sense to support for ‘progressive’ policies designed to bring about political, economic, or social equality. More generally, it is seen as synonymous with radicalism of opinion, and a greater willingness to reform rather than preserve the status quo. In a religious context especially, ‘the left’ is used to describe anti-dogmatic or anti-orthodox tendencies in favour of departing from inherited customs or scriptural interpretations. Sometimes it is identified with activism or protest in defence of specific groups in society: the working class, women, people of colour, national/religious minorities, LGBTQ*, or the disabled. Not all of these meanings of ‘leftness’ are compatible with one another. But despite the differences between them, one thing emerges very clearly: ideas such as ‘leftness’ and ‘being on the left’ play a central role in many areas of social life.

Where the concept of ‘leftness’ is not typically so much at home is in social philosophy. This is not to suggest that social philosophers themselves are hostile to the left or uninterested in left causes. Many are card-carrying activists and partisans of the left movement. Rather, the concept itself—like its relatives ‘centre’ and ‘right’—is somewhat alien to social-philosophical analysis. In general, it is rare to hear social philosophy make any explicit mention of ‘ideologies’. We are far more likely to encounter ‘theories’, ‘accounts’, or ‘comprehensive doctrines’, even when applied to what are clearly ideological constructions, such as ‘political liberalism’. Key social-philosophical concepts such as democracy, authority, or rights are dealt with as if in a vacuum, removed from any ideological connotations or parsing they might have. It is as though social philosophy is embarrassed by ideology—with ‘leftness’ only one of several victims of this embarrassment. (more…)

An Interview with Jonathan Wolff (Beyond the Ivory Tower Series)

This is the third interview in our Beyond the Ivory Tower series (previous interviewees: Onora O’Neill and Marc Stears). Back in December, Diana Popescu spoke to Jonathan Wolff about his experience working on public policy committees and what philosophers have to learn from engaging with real-life problems and social movements. 

Jonathan Wolff is the Alfred Landecker Professor of Values and Public Policy at the Blavatnik School of Government at the University of Oxford. Before coming to Oxford, he was Professor of Philosophy and Dean of Arts and Humanities at UCL. He is currently developing a new research programme on revitalising democracy and civil society. His work largely concerns equality, disadvantage, social justice and poverty, as well as applied topics such as public safety, disability, gambling, and the regulation of recreational drugsHe has been a member of the Nuffield Council of Bioethics, the Academy of Medical Science working party on Drug Futures, the Gambling Review Body, the Homicide Review Group, an external member of the Board of Science of the British Medical Association, and a Trustee of GambleAware. He writes a regular column on higher education for The Guardian (more…)

To Strike or Disrupt? (take 2)

In November and December 2019, members of the University and College Union (UCU) – the trade union that represents many academics and other university staff in the UK – went on strike. On that occasion, in his post To Strike or Disrupt, Liam Shields discussed whether people not doing any teaching during the strike should go on strike or not, seeing that their striking does not result in significant disruption.

At the end of this week, the UCU will embark on a new wave of 14 days of strike spread over four weeks because the dispute remains unsettled. It therefore seems a good occasion to recall Liam’s argument and to flesh out some implications a bit further.

(more…)

An Interview with Marc Stears (Beyond the Ivory Tower series)

This is the second interview in our Beyond the Ivory Tower series, following Onora O’Neill. Back in November, Aveek Bhattacharya spoke to Marc Stears about his experiences in politics, focusing on his time as a close adviser to then leader of the opposition, Ed Miliband.

Prof Marc Stears is Director of the Sydney Policy Lab. Stears was Professor of Political Theory at the University of Oxford in 2010 when his university friend Ed Miliband was elected leader of the opposition Labour party. After a secondment to the think tank Institute for Public Policy Research, Stears left academia in 2012 to become Chief Speechwriter for Miliband. He was a co-author of the 2015 Labour election manifesto and a member of the party’s general election steering committee. In 2013, the Telegraph ranked him the UK’s eighth most influential left-winger. After Labour’s election defeat in 2015, Stears joined another British think tank, the New Economics Foundation, as Chief Executive, before his move to Australia in 2018.

(more…)

An Interview with Baroness Onora O’Neill (Beyond the Ivory Tower series)

Aveek Bhattacharya and Fay Niker recently interviewed Baroness Onora O’Neill, asking her about her wide-ranging experiences combining being a professor of philosophy and a member of the House of Lords (among many other things). 

Baroness Onora O’Neill of Bengarve is Emeritus Honorary Professor at the University of Cambridge and has been a cross-bench (i.e. not aligned with any political party) member of the British House of Lords since 2000. She has written widely in ethics and political philosophy, and is particularly known for her work on bioethics, trust and the philosophy of Kant. She was Principal of Newnham College, Cambridge from 1992-2006, President of the British Academy from 2005-9, chaired the Nuffield Foundation from 1998-2010 and chaired the Equality and Human Rights Commission from 2012-2016. (more…)

Conference Announcement: Ethics in a Global Environment

The Centre for the Study of Global Ethics is pleased to announce its Sixth Annual Conference on 28 and 29 May 2020.


Call for Papers

We welcome abstract submissions addressing the central theme Ethics in a Global Environment, as well as a wide range of topics within global ethics.

Submission deadline is 1 February 2020.

 

Please visit

https://globalethics 2020.weebly.com

for more information.

To Strike or Disrupt?

In this post, guest contributor Liam Shields discusses an important dilemma related to the strike in UK higher education institutions.

Members of the University and College Union, the trade union that represents many lecturers and other university staff in the UK, at 60 universities will be called upon to withdraw their labour from their employers from 25th November to 4th December. However, some are on research leave, or will not be doing any teaching on some or all strike days, so their striking will go unnoticed. The question then is: should they go on strike or not? (more…)

Announcement: MOOC on ‘Inequality and Democracy’

This is an announcement on behalf of the Private Property and Political Power project at Utrecht University. Its members have developed a freely-available Massive Open Online Course (MOOC) entitled “Inequality and Democracy” that may be of interest to our subscribers, readers, and/or their students.

Most countries are getting more and more unequal. But the core of democracy is political equality: that everyone should have an equal say in how their country is run. Can we really expect these things to go together? Can people have equal political power while economic inequality grows and grows? Take this course and decide for yourself. (more…)

Call for Applications: Stanford Center for Ethics Postdoctoral Fellowships

Applications are now open for several Postdoctoral Fellows at the McCoy Family Center for Ethics in Society, Stanford University. The application deadline is 9th December 2019. Below is the call: 

“For 2020-21, the McCoy Family Center for Ethics in Society seeks to appoint up to two postdoctoral fellows. Selected fellows will be designated as either General Ethics Fellows or Interdisciplinary Ethics Fellows. The two types of fellows have some distinct training opportunities and responsibilities, but they form a common community at the Center and participate together in the Center’s intellectual life. The programs are described in detail below. All applicants will be considered for both types of fellowships and do not need to tailor their application for one or the other fellowship. (more…)