Jamee K. Moudud

BS, MEng, Cornell University. MA, PhD (Honors), The New School for Social Research. Current interests include the study of industrial competition, the political economy of the developmental welfare state, the determinants of business taxes, and the study of Schumpeter’s analysis of the tax state. SLC, 2000–

Undergraduate discipline: Economics

Courses taught in Economics

2013-2014
2012-2013

Connect with Jamee K. Moudud

Research and Interests

One of the oldest controversies in economics is the “state versus markets” debate, in which one group of authors has supported laissez faire while a rival group has been a proponent of state intervention.  Ironically, both of these rival perspectives implicitly assume that the state is fundamentally neutral and autonomous and therefore can implement the appropriate policies.  In contrast, my research draws on an alternative theoretical tradition, inspired by Karl Polanyi and others, which takes the view that the state and economic processes are enmeshed and co-evolve over time.  Quite simply, my research is based on the proposition that one cannot disentangle the state from the economy, leading to varying historically-determined policy outcomes.  I am currently studying not only how public policies (primarily taxation, social, and labor policies) shape economic processes but the deeper question regarding the ways in which structural and institutional factors, that evolve over time, mold the public policies themselves.  

Professional affiliations

Selected Publications

  • Co-organizing (with Shahnaz Rouse) an international conference entitled: Re-envisioning Pakistan: the Political Economy of Social Transformation (April 4-6 2014)
  • “Industrial Organization, Labor Relations, and Labor Market Outcomes”
    Guest Editor for a special issue of Review of Keynesian Economics , (April 2014)
  • “State-Business Relations and the Financing of the Welfare State in Latin America: Challenges and Prospects (with Enrique Delamonica and Esteban Perez) (2014)”
    Paper for UNRISD (United Nations Research Institute for Social Development) project on The Politics of Domestic Resource Mobilization for Social Development
  • Review of 'Business Networks in Syria: The Political Economy of Authoritarian Resilience'
    Dialectical Anthropology, (forthcoming)
  • “The Political Economy of Public Investment and Public Finance: Challenges to Social Democratic Policies (with Francisco Martinez-Hernandez), (forthcoming)”
    Review of Keynesian Economics
  • Policy as a Contested Process: Notes for Heterodox Economists
    Handbook of Research Methods and Applications in Heterodox Economics, Lee, F. S. and Cronin, B (eds.). Cheltenham: Edward Elgar (2014)
  • International Economics: An Encyclopedia of Global Trade, Capital, Labor, Technology, and Innovation, Co-edited with Cyrus Bina. Greenwood Press (2014)
  • Alternative Theories of Competition: Challenges to the Orthodoxy, Co-editors: Bina, Cyrus and Mason, Patrick. Routledge Press (2012)
  • Strategic Competition, Dynamics, and the Role of the State: A New Perspective, New Directions in Modern Economics Series, Edward Elgar Press (2010)
  • “Neoliberalism and the Developmental State: Considerations for the New Partnership for African Development (with Karl Botchway)”
    In Benjamin Bobo and Herman Sentim-Aboagye (eds) Building Africa: the Core Truth , Africa World Press (2012)
  • “Constrained Economy and the Developmental State: From Successful Developmentalism to Catastrophic State Failure”
    New School, Graduate Program in International Affairs Working Paper , 2011-110.
  • “The Role of the State and Harrod’s Economic Dynamics. Toward a New Policy Agenda?”
    International Journal of Political Economy, vol. 38, no. 1. (2009)
  • “The Search for a New Developmental State (with Karl Botchway)”
    International Journal of Political Economy, Fall (Special issue on the developmental state)
  • “Challenging the Orthodoxy: African Development in the Age of Openness (with Karl Botchway)”
    African and Asian Studies, 6 (2007)
  • “Surplus”
    In William Darity, Jr., (ed.), International Encyclopedia of the Social Sciences, 2nd edition, 8 volumes, MacMillan Reference, Detroit, MI. (2007)
  • “Competition”
    In William Darity, Jr., (ed.), International Encyclopedia of the Social Sciences, 2nd edition, 8 volumes, MacMillan Reference, Detroit, MI. (2007)
  • “How State Policies can Raise Economic Growth”
    Challenge, March–April. (2006)
  • “Economic Growth”
    In R. J. Barry Jones, (ed.) Encyclopedia of International Political Economy, Routledge Press, U.K. (2001)
Jamee K. Moudud

Jamee K. Moudud

Favorite Quotes

The testimony of the facts contradicts the liberal thesis decisively. The antiliberal conspiracy is a pure invention. The great variety of forms in which the “collectivist” countermovement appeared was not due to any preference for socialism or nationalism on the part of concerted interests, but exclusively to the broader range of vital social interests affected by the expanding market mechanism…each of these Acts dealt with some problem arising out of modern industrial conditions and was aimed at the safeguarding of some public interest against the dangers inherent either in such conditions or, at any rate, in the market method dealing with them…Most of those who carried these measures were convinced supporters of laissez faire, and certainly did not wish their consent to the establishment of a fire brigade in London to imply a protest against the principles of economic liberalism. On the contrary, the sponsors of these legislative acts were as a rule uncompromising opponents of socialism, or any other form of collectivism.
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the economic world. Economists have converted the subject into a sort of social mathematics in which analytical rigour is everything and practical relevance is nothing.
Both students and faculty find economics obsessed with technique over substance . . . the many macro and micro theory exams the Commission examined . . . tested mathematical puzzle-solving ability, not substantive knowledge about economics . . . Only 14 percent of the students report that their core courses put substantial emphasis on 'applying economic theory to real-world problems'.