Faculty

Profile

**On leave Fall 2024-Spring 2025**

William Milberg is Professor of Economics at the New School for Social Research and Eugene Lang College and Director of the Heilbroner Center for Capitalism Studies at The New School. He served as Dean of the New School for Social Research from 2013-2023 and as Chair of the Department of Economics from 1998-2001 and 2009-2012.  His research focuses on the relation among globalization, income distribution and economic development, and the history and philosophy of economics. He teaches a graduate courses in international trade and the philosophy of economics, His undergraduate teaching includes “Understanding Global Capitalism” and “Business, Innovation and Social Justice.” His course on "Economics: Markets, Society and [In]equality" with Teresa Ghilarducci and Paulo dos Santos, is posted on Coursera.

Milberg is Principal Investigator for the project on "Beyond Neoliberalism and 'Neo-illiberalism': Economic Policy and Performance for Sustaining Democracy," under grants from the Open Society Foundations and the Hewlett Foundation. He is also a member of the research team on "Monopsony in a Global Context." Both research projects are based at the Heilbroner Center.

His most recent book (with Deborah Winkler) is Outsourcing Economics: Global Value Chains in Capitalist Development (Cambridge University Press).  A previous book, The Crisis of Vision in Modern Economic Thought (Cambridge University Press) was co-authored with the late Robert Heilbroner.  His paper with Peter Spiegler, “Methodenstriet 2013: Historical perspective on the contemporary debate over how to reform economics,” won the award for best paper of 2013 in the Forum for Social Economics.

Milberg has consulted to a variety of UN organizations, including UNCTAD, the ILO and the WTO. He serves on the editorial boards of the International Review of Applied Economics, the Journal of Post Keynesian Economics and Politics and Society.

See Milberg Website HERE

Degrees Held

PhD 1987, Rutgers University

Recent Publications

“Beyond Neoliberalism and ‘Neo-illiberalism': Economic Policy and Performance for Sustainable Democracy,” Guest editor of special issue of The New – An Academic Journal for the Public, forthcoming 2024.

“Intellectual Monopoly in Global Value Chains,” Review of International Political Economy, 2019 (with C. Durand).

"Firm Innovation and Capitalist Dialectics: The Economics of Nina Shapiro," Economic and Labor Relations Review, 2019 (with R. Balakrishnan).

“Gerhard Colm and the Americanization of Weimar Economic Thought,” Social Research, Winter 2017.

“Global Defeminization?  Industrial Upgrading and Manufacturing Employment in Developing Countries,” Feminist Economics, 2015 (with S. Tejani).

"Implications of the Financial Crisis for Firm Innovation," with Nina Shapiro, (Journal of Post Keynesian Economics, 2014).

"Industrial Policy in the Era of Vertically Specialized Industrialization," with Xiao Jiang and Gary Gereffi, in Industrial Policy for Economic Development: Lessons from Country Experiences, edited by J. Salazar-Xirinachs and R. Kozul-Wright, (Palgrave Macmillan, 2014).

Outsourcing Economics:  Global Value Chains in Capitalist Development, Cambridge University Press. 2013 (with Deborah Winkler).

"Does Industrial Upgrading Lead to Employment and Wage Gains?" with Thomas Bernhardt, Oxford Handbook of Outsourcing and Employment, A. Bardhan et al., Editors, (Oxford University Press, 2013).

"Methodenstreit 2013: Historical Perspective on the Current Debate Over How to Reform Macroeconomics," Forum for Social Economics, 2013 (prize for best article in the journal in 2012-2013).

Research Interests

Labor market effects of international trade and investment, economic and social upgrading in global value chains, outsourcing and financialization, the history and methodology of economics.

Portfolio

williammilberg.com