nep-hpe New Economics Papers
on History and Philosophy of Economics
Issue of 2025–04–28
six papers chosen by
Erik Thomson, University of Manitoba


  1. What reproductive justice brings to and requires of the feminist economics project By Sigle-Rushton, Wendy; Nunes, Débora M.; Sochas, Laura; Chanfreau, Jenny; Suh, Siri; Wilson, Kalpana
  2. La microéconomie en pédagogie active et appliquée au contexte africain By Issa ZONGO
  3. Sinews of empire? The Crown Agents for the Colonies and African government debt under colonial rule By Gardner, Leigh; Husain, Tehreem
  4. Neoliberalism's true heirs: What late-apartheid South Africa can teach us about the contemporary far right By Soer, Elizabeth Freda
  5. David Storey’s Contribution to Enterprise Policy: The Challenge of Stimulating the “Right” Type of Entrepreneurship By Marcus Dejardin; André van Stel
  6. Authoritarianism and the postneoliberal transition: learning from Stuart Hall's method of articulation By Cooper, Luke

  1. By: Sigle-Rushton, Wendy; Nunes, Débora M.; Sochas, Laura; Chanfreau, Jenny; Suh, Siri; Wilson, Kalpana
    Abstract: Despite evidence of a growing interest in reproductive justice (RJ) amongst feminist economists, this interest is nascent. To avoid RJ becoming a buzz word and losing its political and critical edge, it is important to fully grasp what the RJ framework means and brings to research. This Dialogue aims to create a space where the possibility of an interdisciplinary, transnational exchange of knowledge and ideas could be explored and encouraged. It presents four views about what it means to adopt and commit to the reproductive justice (RJ) framework in feminist research. One of the contributors was trained as an economist and the remaining contributors trained in other disciplines. The contributions discuss directly or show by example how research guided by the RJ framework can contribute to the development of an ethical and effective transformative response to an increasingly oppressive policy trajectory in the current historical moment.
    Keywords: reproductive health; reproductive justice; social reproduction; feminist epistemology; feminist politics
    JEL: B54 J13 D63
    Date: 2025–03–31
    URL: https://d.repec.org/n?u=RePEc:ehl:lserod:127183
  2. By: Issa ZONGO (Université Norbert ZONGO de Koudougou)
    Abstract: This work aims to enhance and share our experience of higher education, our daily curiosity and observation of economic facts and practices, and our strong sense of justice. To this end, several points of attention on the dimension of economic analysis, the concept of opportunity cost or opportunity cost, the inversion of demand and supply functions, the subtleties in the calculation and interpretation of elasticities and the marginal rate of substitution were among others addressed to clear up equivocations among students. Aspects of moral analysis and cheating practices in economics were also discussed.
    Abstract: Ce travail vise à valoriser et partager notre expérience de l'enseignement supérieur, notre quotidienne curiosité et observation des faits et des pratiques économiques et notre sens élevé pour la justice. A cet effet, plusieurs points d'attention sur la dimension de l'analyse économique, le concept de coût d'opportunité ou de coût de renonciation, l'inversion des fonctions de demande et d'offre, les subtilités dans le calcul et l'interprétation des élasticités et du taux marginal de substitution ont été entre autres abordés pour lever les équivoques chez les étudiants. Egalement, les aspects de l'analyse morale et des pratiques de tricherie dans l'économie ont fait l'objet de discussion dans cet ouvrage.
    Keywords: microéconomie, pédagogie active, contexte africain
    Date: 2025–03–17
    URL: https://d.repec.org/n?u=RePEc:hal:journl:hal-04993357
  3. By: Gardner, Leigh; Husain, Tehreem
    Abstract: In 1924, John Maynard Keynes complained about the fact that Southern Rhodesia, which he described as “a place somewhere in the middle of Africa”, was able to raise loans on the London market on the same terms as a large English borough. Existing literature on the “empire effect” has contended that investors did not discriminate between the bond issues of different colonies, either because they adopted similar economic and financial policies or because they were considered to be subsidiary governments to metropolitan states. However, archival records suggest that this was not the case and that African bonds were particularly unpopular. Contemporaries stressed that maintaining low borrowing costs for African colonies required considerable behind the scenes interventions by the Crown Agents using reserve funds they held on behalf of other colonies. This paper presents preliminary data on the financial connections between colonies created by this practice, which it calls the “sinews” of empire, and examines the implications for debates about imperialism and financial globalisation.
    Keywords: sovereign debt; empire; Africa; colonialism
    JEL: H00 G10
    Date: 2025–03–31
    URL: https://d.repec.org/n?u=RePEc:ehl:lserod:127544
  4. By: Soer, Elizabeth Freda
    Abstract: How can we make sense of the resurgence of the far right across the world? From the re-election of Donald Trump to the flourishing of Hindu nationalism under Narendra Modi, right-wing politicians have undoubtedly grown in prominence over the last decade. There is a burgeoning literature on this topic as scholars attempt to understand whether it is a backlash against neoliberalism, a reactionary form of neoliberalism, or simply a cultural phenomenon produced by increased global connectivity. This paper contributes to the vibrant discussion by examining an ideal yet overlooked case of ethno-nationalist neoliberalism - apartheid South Africa in the 1980s. This case reveals neoliberalism's relationship to colonialism and its contribution to the perpetuation of white rule. South Africa has served as a test case for neoliberal ideas about race and economics and can thus contribute broader insights on the topic. The paper argues that the contemporary far right is not a backlash against neoliberalism, but a robust continuation of it. It draws on a vast range of archival sources from the late-apartheid period as well as the writings of prominent neoliberal thinkers to support this argument.
    Abstract: Wie ist das Wiedererstarken der extremen Rechten auf der ganzen Welt zu verstehen? Von der Wiederwahl Donald Trumps bis zum Aufblühen des Hindu-Nationalismus unter Narendra Modi: Rechte Politik hat im Laufe der letzten zehn Jahre zweifellos an Einfluss gewonnen. Entsprechend wächst die Anzahl der wissenschaftlichen Veröffentlichungen, die sich mit der Frage beschäftigen, ob es sich um eine Gegenreaktion auf den Neoliberalismus, eine reaktionäre Form des Neoliberalismus oder um ein aus zunehmender globaler Vernetzung resultierendes kulturelles Phänomen handelt. Dieser Aufsatz behandelt die Apartheid in Südafrika in den 1980er-Jahren und leistet damit einen Beitrag zur aktuellen Debatte. Südafrika ist ein oft übersehenes, aber ideales Beispiel für ethnonationalistischen Neoliberalismus, weil es die Beziehung des Neoliberalismus zum Kolonialismus und seinen Einfluss auf die Aufrechterhaltung der weißen Herrschaft offenbart. Es kann wegen seiner neoliberalen Vorstellungen von Rasse und Wirtschaft zu umfassenderen Erkenntnissen in diesem Zusammenhang beitragen. Der Aufsatz argumentiert, dass die heutige extreme Rechte keine Gegenreaktion auf den Neoliberalismus darstellt, sondern eine robuste Fortsetzung davon ist. Eine Vielzahl von Archivquellen aus der Zeit der späten Apartheid sowie Schriften prominenter neoliberaler Theoretiker untermauern dieses Argument.
    Keywords: ethno-nationalism, far right, neoliberalism, South Africa, Ethnonationalismus, Neoliberalismus, Rechtsextremismus, Südafrika
    Date: 2025
    URL: https://d.repec.org/n?u=RePEc:zbw:mpifgd:315752
  5. By: Marcus Dejardin (UNamur - Université de Namur [Namur], UCL - Université Catholique de Louvain = Catholic University of Louvain); André van Stel (Trinity College Dublin, KU - Kozminski University)
    Abstract: One field of research to which David Storey made important contributions is the alleged impact of enterprise policy on regional economic development. In this field, his legacy to entrepreneurship research is perhaps his constant questioning of whether assumptions underpinning enterprise policy are correct. Possibly the most striking example in this regard relates to the assumption that new firms create new jobs. When questions as fundamental as the contribution of new businesses and SMEs to the creation of value and employment are still not clearly resolved; when they lead to questions about what would a priori be identifiable as the "right" type of entrepreneurship and how to promote it, then also comes a questioning about the "right" type of enterprise policy to pursue. David Storey has nourished this field of research with a significant and sometimes radical scope in his questioning. In this chapter, we outline this specific field of research, highlight David's contributions, and sketch enterprise policy options in the context of global sustainability issues.
    Keywords: Entrepreneurship, Small Business, Policy
    Date: 2025–03–16
    URL: https://d.repec.org/n?u=RePEc:hal:journl:halshs-05000926
  6. By: Cooper, Luke
    Abstract: This article returns to Stuart Hall’s account of Thatcherism to consider the interaction between consent-based hegemonic devices and the structural compulsions that emanate from political-economic transitions. It argues that Hall’s method of articulation offers a middle position in analysing contemporary authoritarian trends, which recognises the role of structural constraints and logics, as well as the discursive construction of ideology in enabling (and inhibiting) hegemony seeking efforts. Building on existing work that has highlighted the distinction between classical neoliberal arguments regarding economic individualism and the trend towards ‘protectionist’ discourses today, where the state is cast as a protector of the in-group against threats, real and imagined, the article outlines how the method of articulation can aid us in making sense of the complexity and non-linearity of the post-neoliberal transition. This framework is then applied to the case study of the British Conservative Party’s trajectory after the 2016 Brexit referendum.
    Keywords: articulation; authoritarianism; neoliberalism; political-economy; Stuart Hall; REF fund
    JEL: J1
    Date: 2025–03–04
    URL: https://d.repec.org/n?u=RePEc:ehl:lserod:124078

This nep-hpe issue is ©2025 by Erik Thomson. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at https://nep.repec.org. For comments please write to the director of NEP, Marco Novarese at <director@nep.repec.org>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.