Economists can learn from anthropologists.

I mean it! And not in a "they provide valuable context for our research" kind of way.

Anthro can help us understand financial processes & structures of oppression. Anthro can help us theorise.

Some resources & anthros to follow👇
Markets of Dispossession by @JElyachar dukeupress.edu/markets-of-dis…

Best Practice: Management Consulting and the Ethics of Financialization in China by @KimberlyZChong
dukeupress.edu/best-practice
Forensics of Capital by @topdogunderdog
degruyter.com/document/doi/1…

Social Collateral: Women and Microfinance in Paraguay’s Smuggling Economy by @CarlySchuster
ucpress.edu/book/978052028…

Uncivil City: Ecology, Equity and the Commons in Delhi by Amita Baviskar
us.sagepub.com/en-us/nam/unci…
Banking on Uncertainty: Debt, Default, and Violence in Indian-Administered Kashmir (forthcoming by @ntrisal)

Gustavo Lins Ribeiro's work on decolonization, imperialism and anthro. For example: taylorfrancis.com/chapters/edit/…
The Euro and Its Rivals: Currency and the Construction of a Transnational City by @GustavPeebles
iupress.org/9780253223203/…
(also check out his article "The Anthropology of Credit and Debt" annualreviews.org/doi/abs/10.114…).
Everything Isabelle Guérin has written on debt. E.g.: Juggling with Debt, Social Ties, and Values journals.uchicago.edu/doi/full/10.10…

A lot of @danilynfox's work too, but the article that caught my attention most is "Kinky empiricism" on anthropological methods:
anthrosource.onlinelibrary.wiley.com/doi/abs/10.111…
Work by @TinyMuslimah on #BlackLivesMatter is crucial, e.g. Prayer, protest & police brutality: Black Muslim spiritual resistance in the Ferguson era. And look out for @ErinBimmons' work on UK anti-austerity movements & their resistance to metrics coming out of her @NSSRNews PhD.
I had the pleasure of meeting all those cool anthros and engaging with their work this week at a @WennerGrenOrg Symposium in Italy, organized by the fabulous @TheNewSchool Profs @GustavPeebles @tghilarducci & @rickmcgahey.
Beyond the cool anthros I met this week, what first inspired me to take anthro more seriously was ofc:

@mariadyveke: From Marikana to London. The Anti-Blackness of Mining Finance

@paulrgilbert: Speculating on sovereignty: ‘money mining’ at the extractive industry frontier.
Finally, I learned a lot from fellow econs too! A real pleasure to engage w/the work & ideas of @DarrickHamilton @gchelwa @Jayati1609 @VimalRanchhod @nelsonhbarbosa @snaidunl @tghilarducci & @rickmcgahey.

But the greatest joy of the week was ofc the nightly karaoke sessions ;)
Please do add any additional resource suggestions that should be included in this econ-anthro thread (I haven't even looked at my notes from the week yet, but know a giant to-read list will emerge from them!!).
Interesting to see that a lot of problems we have in econ are mirrored in anthro: deep structural hierarchies, colonial research, highly problematic research ethics. The big difference is the radical anthros resisting this are still to be found in top anthro institutions.
And here are some insights into what anthros can take away from econ (we were mostly heterodox at the Symposium altho we didn't all agree on using the term), summarised by @JElyachar 👇

Am really hoping for more interdisciplinary exchanges like this!
This project also inspired us to embark on this transdisciplinary paper with @mariadyveke on how we need structural & relational analyses to understand unequal global financial development (thanks also @paulrgilbert for initial feedback). Look forward to taking it to @ReviewofPE.

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More from @ingridharvold

Aug 11
How do key arguments in the financialization literature change if they are interrogated from the vantage point of the Global South?

@KaiKodden @nssylla and I tackle this question through a historical study of the financial systems of Senegal & Ghana. 🧵👇
academic.oup.com/cje/advance-ar…
We engage with 2 main camps in the financialisation lit: 1) largely descriptive studies of how financial institutions, actors, motives & practices have expanded in recent decades (e.g. Krippner, Epstein), focusing on quantitative changes.
We call it the 'expansion' view.
2) More qualitative studies of how finance has come to dominate other realms of the economy, which often see the productive marriage between finance and production as in severe crisis, as the golden age of capitalism has come to an end. We call it the 'divorce' view.
Read 23 tweets
Jul 21
What happens when 7 scholars from different heterodox traditions, including Marxism, Post-Keynesianism & Dependency Theory, get together to work on finance?

It actually did not descend into total chaos 🤯

Check out our research agenda on international financial subordination 😊
We identify how different heterodox & disciplinary traditions bring different strengths to the table for conceptualising how developing economies remain in a subordinate position in the global monetary and financial system, and how this shapes the ways in which finance operates.
We argue that an agenda on international financial subordination (IFS) would benefit from a sustained engagement with heterodox traditions that have been the most explicit and systematic in their analysis of finance in the periphery: Marxist, PK & dependency theory scholarship.
Read 7 tweets
Apr 19
Samir Amin critiqued cultural views of Orientalism and proposed alternative, structural analyses of imperialism, Eurocentrism, uneven development and ideology.

What can contemporary development economics and quests for decolonization learn from this?
aeon.co/essays/if-you-…
In this piece I try to make Samir Amin's ideas more accessible to a wider contemporary audience (thanks @samhaselby for the push!).

Many already know Edward Said, who became very influential with his 1978 Orientalism. I therefore start with Amin's critique of Said from the Left.
With his ‘Eurocentrism’ (1988), Amin offers an alternative materialist understanding of how capitalism and imperialism have shaped global colonial inequalities and ideologies, which contrasts with Said's understanding based on discourse.
Read 21 tweets
Sep 24, 2020
For those of you who missed it, many of the videos from #AHE2020 are now up on @hetecon's YouTube channel.
youtube.com/channel/UCrha0…

Hope it will inspire many of you to join the heterodox economics movement (and maybe even AHE??) 😊
Opening plenary on #COVID19, Capitalism and the Environment, featuring the brilliant @JKSteinberger @jasonhickel and Chantal Naidoo, chaired by @danielle_guizzo.
I had the pleasure of chairing the panel on Heterodox Economics Globally with inspiring talks captured here by @nssylla and @Drsaalajeng (but unfortunately the beginning of Rama's got lost!).
Read 13 tweets
Aug 3, 2020
Why Do Economists Have Trouble Understanding Racialized Inequalities?

Based on survey data, @SurbhiKesar and I make some observations regarding the Economics discipline and its lack of capacity to deal with race... +
ineteconomics.org/perspectives/b…
We find that economists in mainstream Econ depts are the least likely to teach about racial inequalities & colonialism (see figure). We believe the reason for this is the inadequate manner in which mainstream Econ theorises inequality, and race in particular. +
We argue: "...the discipline falls markedly short of recognizing the structural, historical factors that are central for producing and perpetuating inequality across groups, both in terms of opportunities and outcomes." +
Read 19 tweets
Jul 31, 2020
#AHE2020 as seen from rural Norway. @SurbhiKesar (@working_india) introducing the panel on perspectives from the Global South on Heterodox Economics with a stellar panel calling in from India, Italy and the US. Image
Prabhat Patnaik opens the plenary, speaking on globalization, inequality and economic crisis. #ahe2020 Image
Now @LuGuangMing is presenting on "Bordering the Surplus Population across the Mediterranean: Imperialism and Unfree Labour in Libya and the Italian Countryside". She explains how immigrant workers can be seen as a reserve army allowing farmers to meet low production costs. Image
Read 6 tweets

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