Professor Sheila Dow

Emeritus Professor

Economics University of Stirling, Stirling, FK9 4LA

Professor Sheila Dow

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About me

About me

EDUCATION

Ph.D. in Economics, University of Glasgow, 1978-81. Thesis title: Money and Real EconomicDisparities between Nations and between Regions, supervised by Professor Tom Wilson. Ph.D. programme, McMaster University, 1977-8 M.A. in Economics, University of Manitoba, 1972-73 M.A. Hons. in Political Economy and Pure Mathematics, University of St Andrews, 1966-70

EMPLOYMENT

I Academic Employment

Personal Chair in Economics, University of Stirling, 1996-2009

Senior Lecturer, Department of Economics, University of Stirling 1989-96

Reader in Economics, University of Stirling 1988-96

Visiting Scholar, Faculty of Economics and Politics, University of Cambridge, 1987

Visiting Assistant Professor, Department of Economics, University of Toronto, 1982-83

Lecturer, Department of Economics, University of Stirling 1979-88

Part-time Tutor, Department of Political Economy, University of Glasgow 1978-79

Teaching Assistant, Department of Economics, McMaster University, 1977-78

Research Assistant, Department of Economics, University of Manitoba 1972-73

Research Asst, Dept. of Economics, Simon Fraser University, Summer 1969

II Non-Academic Employment

Economic Research Analyst, then Senior Economist, Department of Finance, Government of Manitoba, 1973-77

Overseas Department, Bank of England, 1970-72

III Selection of other professional roles

Fellow of the Academy of Social Sciences 2020-

Academic Council, Institute for New Economic Thinking (www.ineteconomics.org), 2018- .

Academic Advisory Board, Independent Social Research Foundation (http://www.isrf.org/), 2018-20.

Adjunct Professor, Department of Economics, University of Victoria (www.uvic.ca/econ), 2012- .

Co-editor, Economic Thought (http://et.worldeconomicsassociation.org/), 2012-17.

Member of SSRN Economics Advisory Board.

Foreign Member, Center on Capitalism and Society (https://capitalism.columbia.edu/), 2010- .

Executive Committee, European Society for the History of Economic Thought (http://www.eshet.net/), 2006-8.

Director, then Co-Convenor, Scottish Centre for Economic Methodology, 2005- .

Associate Editor, Journal of Economic Methodology (https://www.tandfonline.com/loi/rjec20), 2005-12.

Special Advisor on Monetary Policy to the Treasury Select Committee (https://www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/), 2001-10.

Chair, International Network on Economic Method (http://www.econmethodology.org/), 2001-3.

Co-Chair, Post Keynesian Economics Study Group (http://www.econmethodology.org/ ), 1995-9.

Member, Council of the Royal Economic Society (http://www.res.org.uk), 1994-99.

Treasurer, Scottish Economic Society (www.scotecon.org/), 1988-93.

Research (1)

Economic methodology: open systems; pluralism

History of economic thought: David Hume; Adam Smith; the Scottish Political Economy Tradition; Keynes

Theory of money and banking and monetary policy: structural endogenous money theory; policy-making under uncertainty; banking in transition economies

Regional and international finance: the regional impact of monetary policy.

Projects

Digital Audio Records for Academic Research: The Case of Economics
PI: Professor Sheila Dow
Funded by: The Nuffield Foundation

Outputs (251)

Outputs

Showing 100 of 251 — See all 251 outputs

Commentary

Dow S (2021) Comment on John Davis's 'A methodological perspective on economic modelling and the global pandemic'. Commentary on: Davis, JB, A methodological perspective on economic modelling and the global pandemic, Economic Thought 10.2: 1-8, 2021. Economic Thought, 10 (2), pp. 9-11. http://et.worldeconomicsassociation.org/papers/comment-on-john-daviss-a-methodological-perspective-on-economic-modelling-and-the-global-pandemic/

Commentary

Dow S (2021) A deeper struggle for the soul of economics. Commentary on: Hoover, K. (2021). The struggle for the soul of economics. Journal of Economic Methodology. https://doi.org/10.1080/1350178X.2021.2010281. Journal of Economic Methodology. https://doi.org/10.1080/1350178X.2021.2010282

Book Chapter

Dow S (2020) The methodological role of the history of economic thought. In: Marcuzzo MC, Deleplace G & Paesani P (eds.) New Perspectives on Political Economy and its History. Palgrave Studies in the History of Economic Thought. London: Palgrave Macmillan, pp. 21-37. https://www.palgrave.com/gp/book/9783030429249

Book Chapter

Dow S (2020) Financialization, money and the state. In: van der Zwan N, Mader P & Mertens D (eds.) The Routledge International Handbook of Financialization. Routledge International Handbooks. London: Routledge, pp. 56-67. https://www.routledge.com/The-Routledge-International-Handbook-of-Financialization/Mader-Mertens-Zwan/p/book/9781138308213

Book Chapter

Dow S (2020) Pluralism and heterodox economics. In: Hermann A & Mouatt S (eds.) Contemporary Issues of Heterodox Economics: Implications for Theory and Policy Action. London: Routledge, pp. 275-281. https://www.taylorfrancis.com/books/contemporary-issues-heterodox-economics-arturo-hermann-simon-mouatt/e/10.4324/9780429346415

Book Chapter

Dow S (2020) Is macro in crisis?. In: Rochon L & Bougrine H (eds.) Credit, Money and Crises in Post-Keynesian Economics. New Directions in Post-Keynesian Economics. Cheltenham: Edward Elgar, pp. 231-245. https://www.e-elgar.com/shop/gbp/credit-money-and-crises-in-post-keynesian-economics-9781786439543.html

Book Chapter

Dow S (2020) Money Finance And The Role Of The State. In: Dunn B (ed.) A Research Agenda for Critical Political Economy. Elgar Research Agendas. Cheltenham: Edward Elgar, pp. 47-60. https://www.e-elgar.com/shop/gbp/a-research-agenda-for-critical-political-economy-9781789903065.html

Book Chapter

Dow S (2019) Opportunities and challenges for post-Keynesian economics?. In: Jespersen J & Olesen F (eds.) Progressive Post-Keynesian Economics: Dealing with Reality. New Directions in Modern Economics. Cheltenham: Edward Elgar Publishing, pp. 1-15. https://doi.org/10.4337/9781788119887

Book Chapter

Dow S (2019) Risk and uncertainty. In: Dimand RW & Hagemann H (eds.) The Elgar Companion to John Maynard Keynes. Cheltenham: Edward Elgar, pp. 255-61. https://doi.org/10.4337/9781788118569

Conference Proceeding

Dow S (2018) Keynes on Domestic and International Monetary Reform. In: Dow S, Jespersen J & Tily G (eds.) The General Theory and Keynes for the 21st Century. New Directions in Modern Economics. The General Theory and Victoria Chick at 80, UCL, London, 11.07.2016-11.07.2016. Cheltenham: Edward Elgar, pp. 132-144.

Conference Proceeding

Dow S (2018) Pluralist economics: is it scientific?. In: Decker S, Elsner W & Flechtner S (eds.) Advancing Pluralism in Teaching Economics: international perspectives on a textbook science. Routledge Advances in Heterodox Economics, 39. Teaching Economics in the 21st Century, Berlin, Germany, 26.11.2015-28.11.2015. London: Routledge, pp. 13-30. https://www.routledge.com/Advancing-Pluralism-in-Teaching-Economics-International-Perspectives-on/Decker-Elsner-Flechtner/p/book/9781138037625

Book Chapter

Dow S (2017) Regional Finance. In: Richardson D, Castree N, Goodchild M, Kobayashi A, Liu W & Marston R (eds.) The International Encyclopedia of Geography. London: Wiley-Blackwell. http://onlinelibrary.wiley.com/book/10.1002/9781118786352; https://doi.org/10.1002/9781118786352.wbieg0472

Website Content

Dow S (2017) 'People have had enough of experts'. Institute for New Economic Thinking, 06.02.2017. https://www.ineteconomics.org/perspectives/blog/people-have-had-enough-of-experts

Book Chapter

Dow S (2016) Consistency in Pluralism and the Role of Microfoundations. In: Courvisanos J, Doughney J & Millmow A (eds.) Reclaiming Pluralism in Economics: Essays in honour of John E. King. Routledge Advances in Heterodox Economics, 31. London and New York: Routledge, pp. 32-46.

Other

Dow S (2016) Economics and Ethics. ISRF Bulletin, 11, pp. 10-14. https://issuu.com/isrf/docs/isrf_bulletin_issue_xi

Book Chapter

Dow S (2016) Codes of Ethics for Economists, Pluralism, and the Nature of Economic Knowledge. In: DeMartino GF G & McCloskey D (eds.) Oxford Handbook on Professional Economic Ethics. Oxford Handbooks. Oxford: Oxford University Press, pp. 750-764. http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780199766635.001.0001/oxfordhb-9780199766635-e-041?rskey=uN0sUN&result=2

Book Chapter

Dow A & Dow S (2015) Economic Development in the Scottish Enlightenment: Ideas as Cause and Effect. In: Ruziev K & Perdikis N (eds.) Development and Financial Reform in Emerging Economies. SCEME Studies in Economic Methodology, 2. London: Pickering & Chatto, pp. 7-22. http://www.pickeringchatto.com/titles/1732-9781848934580-development-and-financial-reform-in-emerging-economies

Book Chapter

Ruziev K & Dow S (2015) A Re-evaluation of Banking Sector Reforms in Transition Economies: Intentions and Unintended Consequences. In: Ruziev K & Perdikis N (eds.) Development and Financial Reform in Emerging Economies. SCEME Studies in Economic Methodology, 2. London: Pickering & Chatto, pp. 81-98. http://www.pickeringchatto.com/titles/1732-9781848934580-development-and-financial-reform-in-emerging-economies

Book Chapter

Dow S (2015) Monetary Policy. In: Davis J & Dolfsma W (eds.) The Elgar Companion to Social Economics (second edition). Cheltenham: Edward Elgar, pp. 533-547. http://www.e-elgar.com/shop/the-elgar-companion-to-social-economics-second-edition

Book Chapter

Dow S (2015) Liquidity Trap. In: Rochon L & Rossi S (eds.) The Encyclopedia of Central Banking. Cheltenham: Edward Elgar, pp. 300-302. http://www.e-elgar.com/shop/the-encyclopedia-of-central-banking

Book Chapter

Dow S (2015) Money, Banking and Deficits. In: Ali T & Ashiagbor D (eds.) Full Employment Revisited: Essays on the Economy, People and Fairness. London: The Work Forum, pp. 12-14. http://workforumpublishing.com/?page_id=166

Book Chapter

Dow A & Dow S (2014) Scotland. In: Barnett V (ed.) Routledge Handbook of the History of Global Economic Thought. London: Routledge, pp. 38-47. http://www.routledge.com/books/details/9780415508490/

Article

Dow S (2014) Animal Spirits and Organization. Journal of Post Keynesian Economics, 37 (2), pp. 211-231. https://www.tandfonline.com/doi/abs/10.2753/PKE0160-3477370202

Book Chapter

Dow S (2014) The Role of Methodology in the Economics Curriculum. In: Madi M & Reardon J (eds.) The economics curriculum: towards a radical reformulation. Economics series. London: College Publications. http://www.collegepublications.co.uk/econ/?00002

Book Chapter

Dow S (2013) Monetary policy and regulation of financial markets - a Keynesian view. In: Chaloupek G & Marterbauer M (eds.) 75 Jahre General Theory of Employment, Interest and Money. Wirtschaftswissenschaftliche Tagungen der AK Wien, 17. Vienna, Austira: LexisNexis, pp. 43-60. https://shop.lexisnexis.at/75-jahre-general-theory-of-employment-interest-and-money-9783700752905.html

Book Chapter

Chick V & Dow S (2013) Financial Institutions and The State: A Re-examination. In: Rochon L & Seccareccia M (eds.) Monetary Economies of Production: Banking and Financial Circuits and the role of the State. Cheltenham: Edward Elgar, pp. 99-111. http://www.e-elgar.co.uk/bookentry_main.lasso?id=14862

Book Chapter

Dow S (2013) Teaching open-system economics. In: Jespersen J & Madsen M (eds.) Teaching Post-Keynesian Economics. Cheltenham: Edward Elgar, pp. 73-87. http://www.e-elgar.co.uk/bookentry_main.lasso?id=15414

Book Chapter

Dow S (2013) Methodology and Post-Keynesian Economics. In: Harcourt G & Kriesler P (eds.) The Oxford Handbook of Post-Keynesian Economics, Volume 2: Critiques and Methodology. Oxford: Oxford University Press, pp. 80-99. http://ukcatalogue.oup.com/product/9780195390759.do

Book Chapter

Chick V & Dow S (2013) Post-Keynesian Theories of Money and Credit: Conflicts and (Some) Resolutions. In: Harcourt G & Kriesler P (eds.) The Oxford Handbook of Post-Keynesian Economics, Volume 1: Theory and Origins. Oxford Handbooks in Economics. Oxford: Oxford University Press, pp. 152-166. https://global.oup.com/academic/product/the-oxford-handbook-of-post-keynesian-economics-volume-1-9780195390766?q=handbook%20austrian%20economics〈=en&cc=gb

Book Chapter

Dow S (2013) The Real (Social) Experience of Monetary Policy. In: Pixley J & Harcourt G (eds.) Financial crises and the nature of capitalist money: Mutual developments from the work of Geoffrey Ingham. London: Palgrave Macmillan, pp. 178-195. http://us.macmillan.com/financialcrisesandthenatureofcapitalistmoney/JocelynPixley

Book Chapter

Dow S, Earl PE, Foster J, Harcourt GC, Hodgson GM, Metcalfe JS, Ormerod P, Rosewell B, Sawyer MC & Tylecote A (2012) Letter to the Queen, 10 August. In: Hodgson G (ed.) Mathematics and Modern Economics. The International Library of Critical Writings in Economics series, 266. Cheltenham: Edward Elgar. https://www.e-elgar.co.uk/bookentry_main.lasso?currency=US&id=14735

Book Chapter

Chick V & Dow S (2012) Formalism, Logic and Reality: A Keynesian Analysis. In: Hodgson G (ed.) Mathematics and Modern Economics. Cheltenham: Edward Elgar. https://www.e-elgar.co.uk/bookentry_main.lasso?currency=US&id=14735

Book Chapter

Dow S (2012) The methodology of finance. In: Toporowski J & Michell J (eds.) Handbook of Critical Issues in Finance. Elgar original reference. Cheltenham: Edward Elgar, pp. 218-224. http://www.e-elgar.co.uk/bookentry_main.lasso?id=14083; https://doi.org/10.4337/9781849805957.00036

Book Chapter

Chick V & Dow S (2012) Choice under uncertainty. In: King J (ed.) The Elgar Companion to Post Keynesian Economics, Second Edition. 2nd ed. Elgar original reference. Cheltenham: Edward Elgar, pp. 82-87. http://www.e-elgar.com/bookentry_main.lasso?id=14066

Book Chapter

Dow S (2012) Babylonian mode of thought. In: King J (ed.) The Elgar Companion to Post Keynesian Economics, Second Edition. 2nd ed. Elgar original reference. Cheltenham: Edward Elgar, pp. 15-19. http://www.e-elgar.com/bookentry_main.lasso?id=14066

Book Chapter

Dow S (2012) Keynes on Knowledge, Expectations, and Rationality. In: Frydman R & Phelps E (eds.) Rethinking Expectations: The Way Forward for Macroeconomics. Princeton, USA: Princeton University Press, pp. 112-129. http://press.princeton.edu/TOCs/c10002.html

Book Chapter

Dow S (2012) Economics and Moral Sentiments: The Case of Moral Hazard. In: Caldas J & Neves V (eds.) Facts, Values and Objectivity in Economics. Routledge Frontiers of Political Economy, 156. London: Routledge, pp. 17-32. http://www.routledge.com/books/details/9780415667128/

Article

Dow A & Dow S (2011) Animal Spirits Revisited. Capitalism and Society, 6 (2), pp. 1-23. http://www.degruyter.com/view/j/cas.2011.6.issue-2/1932-0213.1087/1932-0213.1087.xml?format=INT; https://doi.org/10.2202/1932-0213.1087

Book Chapter

Dow S (2010) Smith’s Philosophy and Economic Methodology. In: Young J (ed.) Elgar Companion to Adam Smith. Elgar original reference. Cheltenham: Edward Elgar, pp. 100-111. http://www.e-elgar.com/bookentry_main.lasso?id=3586

Book Chapter

Dow S (2010) Was there a (Methodological) Keynesian Revolution?. In: Dimand B B, Mundell R & Vercelli A (eds.) Keynes’s General Theory After Seventy Years. IEA Conference Volume, 147. Basingstoke: Palgrave Macmillan for the International Economic Association, pp. 268-286. http://www.palgrave.com/page/detail/keyness-general-theory-after-seventy-years-robert-dimand/?K=9780230235991

Book Chapter

Dow S, Klaes M & Montagnoli A (2009) Variety of economic judgement and monetary policy-making by committee. In: Hein E, Niechoj T & Stockhammer E (eds.) Macroeconomic Policies on Shaky Foundations: Whither Mainstream Economics?. Series of studies of the Research Network Macroeconomics and Macroeconomic Policies (FMM), 12. Marburg, Germany: Metropolis-Verlag, pp. 331-349. http://www.metropolis-verlag.de/Macroeconomic-Policies-on-Shaky-Foundations-%26ndash-Whither-Mainstream-Economics/757/book.do

Book Chapter

Dow S (2009) History of Thought, Methodology and Pluralism. In: Reardon J (ed.) A Pluralist Handbook for Economics Education. Routledge Advances in Heterodox Economics. London: Routledge, pp. 43-53. http://www.routledge.com/books/details/9780415777629/

Edited Book

Arena R, Dow S & Klaes M (eds.) (2009) Open Economics: Economics in Relation to Other Disciplines. Routledge Studies in the History of Economics. London: Routledge. http://www.routledge.com/books/details/9780415460125/

Book Chapter

Dow A & Dow S (2008) History for Economics: Learning from the Past. In: Earl P & Littleboy B (eds.) Regarding the Past: Proceedings of the 20th Conference of the History of Economic Thought Society of Australia: University of Queensland, 11-13 July, 2007. Brisbane: University of Queensland, pp. 1-8. http://shredecon.files.wordpress.com/2009/11/hetsa-2007-conference.pdf

Book Chapter

Dow A & Dow S (2008) Theories of Economic Development in the Scottish Enlightenment. In: Earl P & Littleboy B (eds.) Regarding the Past: Proceedings of the 20th Conference of the History of Economic Thought Society of Australia, The University of Queensland 11-13 July 2007. Brisbane: University of Queensland, pp. 9-24. http://shredecon.files.wordpress.com/2009/11/hetsa-2007-conference.pdf

Book Chapter

Dow S (2008) A Future for Schools of Thought and Pluralism in Heterodox Economics. In: Harvey J & Garnett JR (eds.) Future Directions for Heterodox Economics. Advances in Heterodox Economics, 2. Ann Arbor: University of Michigan Press, pp. 9-26. http://www.press.umich.edu/275667/future_directions_for_heterodox_economics

Book Chapter

Dow S (2008) Monetary Policy. In: Davis J & Dolfsma W (eds.) The Elgar Companion to Social Economics. Elgar original reference. Cheltenham: Edward Elgar, pp. 463-477. http://www.e-elgar.co.uk/bookentry_main.lasso?id=3765

See all 251 outputs