“Political economy” has an antique ring. More than a century ago, the field of “political economy” began to give way to what was called “economics.” By the mid-twentieth century, political economy was forgotten; economics ruled the roost. But what is old is new again. Political economy is coming back. Economics sidelines the distribution of wealth…

Let me close this series by briefly sketching two rival visions of constitutional political economy.

Many lawyers, scholars and activists on the left agree that the decrepitude of the New Deal framework, along with the Court’s unvarnished neo-Lochnerian constitutional attack on that framework, seem to require an alternative account of the Constitution’s bearings on labor law

Is it really a good idea for liberals and the left to be making constitutional arguments against economic inequality?

This is the second post in a two-part series about law and political economy in the South African context. The series reports on a collaboration among leading ‘heterodox’ economists, left-wing sociologists, high level government policymakers, and legal scholars, advocates and activists aimed at “thinking large” about reconstructing the nation’s political economy. *** The way out…

This is the first post in a two-part series about law and political economy in the South African context. The second post can be found here. The series reports on a collaboration among leading ‘heterodox’ economists, left-wing sociologists, high level government policymakers, and legal scholars, advocates and activists aimed at “thinking large” about reconstructing the…