William Milberg

Dean and Professor of Economics

William Milberg is Dean and Professor of Economics at the New School for Social Research and Co-Director of the Heilbroner Center for Capitalism Studies at The New School.

2000 - 2009



“The New Social Science Imperialism and the Problem of Knowledge in Contemporary Economics”

in S. Gudeman, editor, Economic Persuasions, Oxford: Berghan, 2009.


“The Taming of Institutions in Economics: The Origins and Methodology of the New New Institutional Economics”

Journal of Institutional Economics, 2009 (with P. Spiegler).


“Keynes’s Stimulus, Polanyi’s Moment”

Harvard College Economics Review, Vol. 3, No. 2, Spring 2009.



“Globalization, Offshoring and Economic Insecurity in Industrialized Countries”

Background Paper, Department of Economic and Social Affairs, United Nations, New York, September 2008 (with D. Schoeller).


“Shifting Sources and Uses of Profits: Sustaining US Financialization with Global Value Chains”

Economy and Society, Vol. 37, No. 3, August 2008.


“Trade Theory Dissidents”

review of Bad Samaritans: Rich Nations, Poor Policies, and the Threat to the Developing World by Ha-Joon Chang, The Resistible Rise of Market Fundamentalism: Rethinking Development Policy in an Unbalanced World by Richard Kozul-Wright and Paul Rayment, and How the Rich Countries Got Rich… and Why Poor Countries Remain Poor by Erik S. Reinert, Challenge, Vol. 51, No. 4, July/August 2008.


“Old ideas in modern times: Is Keynes Obsolete?”

invited panelist, Association for Socio-Economics, San Jose, Costa Rica, June 2008.



“Is the Sky Falling?: Questioning the Conventional Wisdom on the U.S. Trade and Budget Deficits

Challenge, Vol. 50, No. 6, November-December 2007.


“Export Processing Zones, Industrial Upgrading and Economic Development”

Background paper for ILO governing board discussion on the development impact of EPZs, ILO, Geneva, 2007.


“Dynamic Gains from Services Offshoring:  A Critical View”

in Eva Paus, editor, Global Capitalism Unbound: Winners and Losers from Offshore Outsourcing London: Palgrave Macmillan, 2007, (with M. Mahoney, M. Schneider and R. von Arnim).     


“The Shifting and Allegorical Rhetoric of “Neoclassical” Economics”

Review of Social Economics, Vol. 65, No. 2, June 2007.


“Pricing and Profits Under Globalized Competition: A Post Keynesian Perspective on U.S. Economic Hegemony”

URPE session at ASSA meetings, Chicago, January 2007.



“Developing Countries and the Collapse of the Doha Round”

Challenge, Vol. 49, No. 6, November-December 2006 (with Yilmaz Akyüz and Robert Wade).


“Global Stability Rests on Sharing the Gains”

Financial Times, September 7, 2006 (with J. Kregel).


“State-Market Relations in a Globalized Economy”

SCEPA Policy Brief, April 2006 (with J. Madrick and M. Mahoney).    


“Spurring Growth Dynamics from Services Offshoring”

SCEPA Policy Brief, March 2006 (with M. Mahoney, M. Schneider and R. von Arnim).



“In Memorium: Robert Heilbroner, 1919-2005”

European Journal of the History of Economic Thought, Vol. 12, No. 2, June 2005.


“The High Road and the Low Road to International Competitiveness: Extending the Neo-Schumpeterian Model Beyond Technology”

International Review of Applied Economics, April 2005. (with E. Houston)



“After the “New Economics”—Pragmatist Turn?”

in E. Khalil, editor, Dewey, Pragmatism and Economic Methodology, London, Routledge, 2004.


“Deindustrialization and Changes in Manufacturing Trade: Factor Content Calculations for 1978-1995”

Weltwirtschaftliches Archiv, 2004 (with D. Kucera).


“The End of Welfare Economics as We Know It:  A Review Essay”

Rethinking Marxism, Vol. 16, No. 4, Winter 2004.


“The Changing Structure of Trade Linked to Global Production Systems: What are the Policy Implications?”

International Labour Review, September 2004.


“The Robert Heilbroner Problem”

Social Research, Vol. 71, No. 2, Summer 2004.




in The Elgar Companion to Post Keynesian Economics, edited by J.E. King, Edward Elgar Pub, 2003.



"Say’s Law in the Open Economy: Keynes’s Rejection of the Theory of Comparative Advantage”

in Beyond Keynes, S. Dow and J. Hillard, editors, Aldershot, UK: Edward Elgar, 2002.



“Decentering the Market Metaphor in International Economics”

in Postmodernism, Knowledge and Economics, S. Cullenberg, D. Ruccio and J. Amariglio, editors, Routledge, 2001.

©William  Milberg