Curriculum Vitae
FRED BAKER MOSELEY
Department of Economics Office: (413) 538-2517
Mount Holyoke College Fax: (413) 538-2323
South Hadley, MA 01075 email:
EDUCATION
Ph.D. University of Massachusetts - Amherst
Department of Economics, September 1982
B.S. Stanford University
Mathematics Major, June 1968
TEACHING EXPERIENCE
1989-Present Mount Holyoke College, Professor
Courses: History of Economic Thought
Marxian Economic Theory
U.S. Economic History
Principles of Macroeconomics
1995-1997 Universidad Nacional Autonoma de Mexico
Course: Current Issues in Marxian Economics
1982-1989 Colby College, Dana Faculty Fellow and Assistant Professor
Courses: Comparative Economic Systems
History of Economic Thought
U.S. Economic History
Business Cycles in U.S. History
Principles of Macroeconomics
1977-1982 University of Massachusetts-Boston, Lecturer
Courses: Marxian Economic Theory
Intermediate Macroeconomic Theory
History of Economic Thought
Introduction to Macroeconomics
1977-1979 Institute of Labor Affairs, University of Massachusetts, Instructor
Course: Current Problems in the U.S. Economy
1979, Spring Tufts University, Lecturer
Courses: Marxian Economic Theory
Principles of Macroeconomics
1976-1977 University of Massachusetts-Amherst, Instructor
Course: Principles of Macroeconomics
1974-1976 University of Massachusetts-Amherst, Teaching Assistant
Course: Principles of Macroeconomics
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BOOKS
The Imperiled Economy (co-editor with Robert Cherry, et al.).
New York: Union for Radical Political Economics, 1988.
International Perspectives on Profitability and Accumulation (co-editor with Edward Wolff).
Brookfield VT: Edward Elgar, 1991.
The Falling Rate of Profit in the Postwar United States Economy.
New York: St. Martin's Press, 1992.
Marx's Method in 'Capital: A Reexamination (editor).
New Jersey: Humanities Press, 1993.
Heterodox Economic Theories: True or False? (editor).
Brookfield VT: Edward Elgar Publishing, 1995.
New Investigations of Marx's Method (co-editor with Martha Campbell).
New Jersey: Humanities Press, 1997.
Marx’s Theory of Money: Modern Appraisals (editor, with Introduction).
London: Palgrave, 2005
Hegel’s Logic and Marx’s Capital (co-editor with Tony Smith).
London: Palgrave 2013
REFEREED JOURNAL ARTICLES
“Marx's Concepts of Productive Labor and Unproductive Labor: An Application to the Postwar U.S. Economy,” Eastern Economic Journal, July-September 1983.
“The Rate of Surplus-Value in the Postwar U.S. Economy: A Critique of Weisskopf's Estimates,” Cambridge Journal of Economics, March 1985.
“Can the Social Model of Productivity Stand Scrutiny?,” Challenge, May-June 1985.
“Estimates of the Rate of Surplus-Value in the United States: 1947-1977,” Review of Radical Political Economics, Spring-Summer 1986.
“The Intensity of Labor and the Productivity Slowdown,” Science and Society, Summer 1986.
“The Profit Share and the Rate of Surplus-Value in the United States 1975-1985,” Cambridge Journal of Economics, December 1987.
“The Rate of Surplus-Value, the Organic Composition, and the General Rate of Profit in the U.S. Economy, 1947-67: A Critique and Update of Wolff's Estimates,” American Economic Review, March 1988.
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REFEREED JOURNAL ARTICLES (Cont'd)
“Causes of the Increase of Unproductive Labor in the Postwar U.S. Economy,” Review of Radical Political Economics, Spring-Summer 1988.
“The Decline of the Rate of Profit in the Postwar U.S. Economy: Regulation and Marxian Explanations,” International Journal of Political Economy, Spring 1989.
“The Decline of the Rate of Profit in the Postwar U.S. Economy: A Marxian Explanation,” Review of Radical Political Economics, Summer-Fall 1990. Translated into Italian, in P. Giussani (ed.) Prezzi, Valori, e Saggio del Profitto, 1989.
“Emphasizing Controversy in the Economics Curriculum,” Journal of Economics Education, Summer 1991.
“The Decline of the Rate of Profit in the Postwar US Economy: Is the Crisis Over?” Capital and Class, Autumn 1992.
“Unproductive Labor and the Rate of Profit: A Reply to Laibman,” Science and Society, Spring 1994.
“Unproductive Labor and Causes of the Decline in the Rate of Profit: A Reply to Cullenberg's Comment,” Review of Radical Political Economics, Summer 1994.
“Capital in General and Marx's Logical Method: A Response to Heinrich's Critique,” Capital and Class, No. 55, Summer 1995.
“The Rate of Profit and the Future of Capitalism,” Review of Radical Political Economics, December 1997.
“The Rate of Profit and Economic Stagnation in the United States,” Historical Materialism, Autumn, 1997. Translated into Farsi, Negah, 2001.
“The U.S. Economy in 1999: Goldilocks Headed for a Big Bad Bear?”, Monthly Review, 1999. Translated into German, Wildcat-Zirkular, 2000; Italian, Viz-á-Viz, 2000; and Greek Imerisia, 2000.
“The Decline of the Rate of Profit in the Postwar US Economy: Due to Increased Competition or Rising Unproductive Labor?” Historical Materialism, 2000.
“The New Solution to the Transformation Problem: A Sympathetic Critique.” Review of Radical Political Economics, 2000.
“The Development of Marx’s Theory of the Distribution of Surplus-value in the Manuscript of 1861-63,” Review of Radical Political Economy, 2000.
“Marx’s Alleged Logical Error: A Comment on Laibman,” Science and Society, 2001.
“The ‘Heart and Soul’ of Marx’s Critique of Capitalism: Exploitation or Social Form - or Both?”, A Reply to Murray, Rethinking Marxism 2002.
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REFEREED JOURNAL ARTICLES (Cont'd)
“Capital in General and Competition in Marx’s Theory: The Quantitative Dimension” Marx-Engels Jahrbuch, Translated into German 2006.
“The Macro-Monetary Interpretation of Marx’s Theory: A Reply to Ravagnani’s Critique”, Review of Radical Political Economy, 2008.
“Sraffa’s Misinterpretation of Marx’s Theory of Fixed Capital”, Review of Political Economy, 2009.
“The US Economic Crisis: Underlying Causes and Long-term Solutions”, International Socialist Review, 2009.
“Critique of Aggregate Demand – Aggregate Supply: Mankiw’s Presentation”, Review of Radical Political Economy, 2010
“Reply to Gehrke”, Review of Political Economy, 2011.
“Recent Interpretations of the ‘Transformation Problem’”, Rethinking Marxism, 2011
“The US Economic Crisis: From Profitability Crisis to Debt Crisis,” International Journal of Political Economy, 2011.
“The Determination of the ‘Monetary Expression of Labor-Time’ in the Case of Non-Commodity Money”, Review of Radical Political Economy, 2011.
“The Whole and the Parts: The Early Development of Marx’s Theory of the Distribution of Surplus-value in the Grundrisse”, Science and Society, 2011. Translated into Italian in Marx in questione, Riccardo Bellofiore and Roberto Fineschi (eds.), 2011.
“ A Critique of the Marginal Productivity Theory of the Price of Capital”, Real World Economics Review, 2012.
“The US Economic Crisis: From a Profitability Crisis to an Overindebtedness Crisis”, Review of Radical Political Economy, forthcoming.
“The Universal and the Particulars in Hegel’s Logic and Marx’s Capital”, in Moseley and Smith (eds.), Hegel’s Logic and Marx’s Capital, London: Palgrave 2013.
CHAPTERS IN BOOKS
“Marxian Crisis Theory and the Postwar U.S. Economy,” in Cherry, et al. (eds.), The Imperiled Economy: Macroeconomics from a Left Perspective, Book 1, 1988. Translated into Spanish, Investagaciones Economía, Feb-Mar 1992.
“Unproductive Labor and the Rate of Profit in the Postwar US Economy,” in Moseley and Wolff (eds.), International Perspectives on Profitability and Accumulation, Edward Elgar, 1992.
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CHAPTERS IN BOOKS (Continued)
“Alternative Theories in the Teaching of Economics,” in D. Colander (ed.), Educating Economists, University of Michigan Press, 1992.
“Marx's Logical Method and the Transformation Problem,” in Moseley (ed.), Marx's Method in 'Capital': A Reexamination, Humanities Press, 1993. Translated into Spanish, Economía: Teoría y Práctica, 1997.
“Marx's Economic Theory: True or False? A Marxian Response to Blaug's Appraisal,” in Moseley (ed.), Heterodox Economic Theories: True or False?, Edward Elgar, 1995. Translated into Swedish Haften fur Kristiska Studier, Spring 1994 and Portuguese, Revista Anpec, 1998.
“The Development of Marx's Theory of the Distribution of Surplus-Value” in Moseley and Campbell (eds.), New Investigations of Marx's Method, Humanities Press, 1997.
“Marx’s Logic in Capital and the ‘Transformation Problem’,” in R. Bellofiore (ed.), Marxian Economic: A Reappraisal, London: Macmillan, 1998.
“Marx’s Reproduction Schemes and Smith’s Dogma,” in C. Arthur and G. Reuten (eds.), The Circulation of Capital: Essays on Volume Two of Marx’s Capital. London: Macmillan, 1998.
“The Rate of Profit and Economic Stagnation in the United States,” in R. Baiman, et al. (eds.), The Political Economy Reader. Armonk NY: M.E. Sharpe, 1999.
“The Rate of Profit in the Postwar Mexican Economy, 1950-93,” in R. Baiman, et al. (eds.), The Political Economy Reader. Armonk NY: M.E. Sharpe, 1999. Translated into Portuguese, Economía Política, 1999.
“Hostile Brothers: Marx’s Theory of the Distribution of Surplus-value in Volume 3 of Capital,” in G. Reuten and M. Campbell (eds.), The Culmination of Capital: Essays on Volume 3 of Capital. London: Palgrave, 2002.
“The Return to Marx: Retreat or Advance?” in A. Freeman (ed.), New Directions in Marxian Economics, Aldershot UK, Edward Elgar Publishers, 2004
“Money and Totality: Marx’s Logic in Volume 1 of Capital”, in N. Taylor and R. Bellofiore (eds.), The Constitution of Capital: Essays on Volume I of ‘Capital’, London: Palgrave, 2003.
“Marxian Theory of the Decline of the Rate of Profit in the Postwar US Economy,” in R. Westra (ed.), Value and the World Economy Today, London: Palgrave, 2003.
“Marx’s Economic Theory and the Postwar United States Economy,” in A. Saad-Filho, Anti-Capitalism, London: Pluto Press, 2003, translated into Swedish, Haften fur Kristiska Studier, 2004.
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CHAPTERS IN BOOKS (Continued)
“What Lies Ahead for the US Economy?”, translated into Spanish, in A. Flores (ed.) La Economía, El Estado, y Movimientos Sociales, Mexico City: Universadid Autónoma Metropolitana, 2004.
“Marx’s Crisis Theory and the Postwar United States Economy,” translated into Korean, in J. Sang-Hwan (ed.), Marxism and the Challenges of the 21st Century, Jingu, S. Korea: Gyeongsang National University, 2004.
“Money Has No Price: Marx’s Theory of Money and the ‘Transformation Problem’,” in Marx’s Theory of Money, London: Palgrave, 2005.
“Marx, Minsky, and Crotty on Crises in Capitalism.” Heterodox Macroeconomics: A Keynes-Marx Synthesis for Understanding Capitalism
“The Development of Marx’s Theory of the Distribution of Surplus-value in the Manuscript of 1861-63, in R. Bellofiore and R. Fineschi (eds.), Re-Reading Marx: New Perspectives After the Critical Edition. London: Palgrave, 2009.
“Marx, Minsky, and Crotty on Crises in Capitalism” in J. Goldstein (ed.) Heterodox Macroeconomics: A Keynes-Marx Synthesis for Understanding Capitalism, 2010.
“The Bailout of the ‘Too-Big-to-Fail’ Banks”, in The Oxford Handbook on Financial Crises, Martin Wolfson and Gerald Epstein (eds.), forthcoming.
EDITOR INTRODUCTIONS
International Journal of Political Economy, Spring 1987:
Value, Accumulation, and Crisis
International Journal of Political Economy, Summer 1988:
The Limits of Regulation
International Journal of Political Economy, Spring 1989:
Declining Profitability and the Current Crisis.
Rethinking Marxism, 2001.
Introduction to Dussel’s ‘The Four Drafts of Capital’
Toward an Unknown Marx: A Commentary of the Manuscripts of 1861-63,
by Enrique Dussel. London: Routledge, 2001.
International Journal of Political Economy, Fall 2004.
Marx, Engels, and the Text of Book 3 of Capital
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ENCYCLOPEDIA ENTRIES
Encyclopedia of Business Cycles, David Glasner (ed.), Garland Press, 1997.
“Karl Marx”
“Marxian Empirical Research”
“The Economic Crisis of the 1780s”
“The Depression of the 1870s”
Elgar Encyclopedia of Classical Economics, H. Kurz and N. Salvadori (eds.),
Edward Elgar 1998
“Abstract Labor”
“Falling Rate of Profit”
The Elgar Companion to Ricardo, H. Kurz and N. Salvodori (eds.),
Edward Elgar forthcoming
“Marx on Ricardo”
BOOK REVIEWS
Review of Understanding Capital, Foley, D., Review of Radical Political Economics,
Spring-Summer 1989.
Review of Quantitative Marxism, Dunne, P. (ed.), Capital and Class, No. 53, Summer 1994.
Review of Measuring the Wealth of Nations, Shaikh, A., and A. Tonak, Journal of Economic
Literature, Spring-Summer, March 1995.
Review of The End of Economics, Perelman, M, Journal of Economic Literature, March 1998.
Review of The Value of Marx, by Alfredo Saad-Filho, Capital and Class, No. 80, Summer 2003.
Review of Marx’s Revenge: The Resurgance of Capitalism and the Death of Statist Socialism
by Meghnad Desai, Review of Radical Political Economics, 2005.
Review Essay of Reclaiming Marx’s Theory, by Andrew Kliman, Historical Materialism, 2010.
Review Essay of Theories of Value from Adam Smith to Piero Sraffa, by Ajit Sinha, Review of Political Economy, 2012.
CONFERENCE PAPER PRESENTATIONS
“The Rate of Surplus-Value in the United States, 1947-1977,” ASSA Annual Convention (URPE Session), December 1981.
“Marxist Empirical Research and the NIPA's,” ASSA Annual Convention (URPE Session), December 1982.
“Marx's Concepts of Productive Labor and Unproductive Labor: An Application to the Postwar U.S. Economy,” Eastern Economics Association Annual Convention, March 1983.
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CONFERENCE PAPER PRESENTATIONS (Continued)
“The Rate of Surplus-Value in the Postwar U.S. Economy: A Critique of Weisskopf's Estimates,” ASSA Annual Convention (URPE Session), December 1984.
“A Critique of the Empirical Analysis in Beyond the Waste Land,” Eastern Economics Association Annual Convention, March 1984.
“Measuring the Intensity of Labor,” ASSA Annual Convention (URPE Session), December 1984.
“The Composition of Capital in the Postwar U.S. Economy,” ASSA Annual Convention (URPE Session), December 1985.
“Marxian Theory and the Postwar U.S. Economy: A Critique of Wolff's Estimates,” ASSA Annual Convention (URPE Session), December 1986.
“The Decline of the Rate of Profit in the Postwar U.S. Economy: A Marxian Explanation,” ASSA Annual Convention (AEA Session), December 1987.
“The Decline in the Rate of Profit in the Postwar U.S. Economy: Regulation and Marxian Explanations,” International Conference on Regulation Theory, Barcelona, Spain, June 1988.
“Unproductive Labor and the Rate of Profit in the Postwar U.S. Economy,” Conference on International Perspectives on Profitability and Accumulation, New York University, September 1988.
“The Increase of Unproductive Labor in the Postwar U.S. Economy: Causes and Effects,” ASSA Annual Convention (URPE Session), December 1988.
“Comparing Different Radical Theories of the Decline of the Rate of Profit in the Postwar U.S. Economy,” Marxism Now Conference, University of Massachusetts, November 1989; ASSA Annual Convention (URPE Session), December 1989; and URPE Summer Conference, August 1990.
“The Decline of the Rate of Profit in the Postwar U.S. Economy: Is the Crisis Over? ” “After the Crisis” Conference, University of Amsterdam, April 1990.
“Marx's Logical Method and the Transformation Problem,” ASSA Annual Convention (URPE Session), December 1990; Mount Holyoke Conference on Marxian Economics, June 1991; and Eastern Economic Association Meetings, March 1994.
“Marx's Economic Theory: True or False? A Marxian Response to Blaug's Appraisal,” Mount Holyoke Conference on Marxian Economics, June 1992; and ASSA Annual Convention (History of Economics Session), January 1993.