SOAS Fundraising event for Fred Lee Scholarship

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SOAS is hold­ing an event to recog­nise the late Fred Lee’s out­stand­ing con­tri­bu­tions to devel­op­ing a real­is­tic micro­eco­nom­ics.

Fred Lee

Date: 22 Novem­ber 2014

Time: 9:00 AM‑7:00 PM

Venue: Rus­sell Square: Col­lege Build­ings

Room: Khalili Lec­ture The­atre

Fred’s work is well known to Post Key­ne­sian econ­o­mists, espe­cial­ly through his mon­u­men­tal work Post Key­ne­sian Price The­o­ry, which doc­u­ment­ed the many empir­i­cal stud­ies into the actu­al cost struc­tures of firms–all of which con­tra­dict the fairy tale of ris­ing mar­gin­al cost por­trayed in main­stream eco­nom­ic text­books. He also cam­paigned to pro­mote the real­is­tic approach to eco­nom­ics that is the hall­mark of Post Key­ne­sian economics–in con­trast to the “let’s assume we have a can open­er” approach of Neo­clas­si­cal eco­nom­ics.

Fred was an active pro­mot­er of het­ero­dox eco­nom­ics move­ments over the past 30 years with a major insti­tu­tion­al con­tri­bu­tion towards the devel­op­ment of het­ero­dox eco­nom­ics in Unit­ed King­dom. He played a major role in estab­lish­ing the Asso­ci­a­tion for Het­ero­dox Eco­nom­ics, found­ed and edit­ed the Het­ero­dox Eco­nom­ics Newslet­ter, edit­ed the Amer­i­can Jour­nal of Eco­nom­ics and Soci­ol­o­gy, has been active­ly involved in het­ero­dox asso­ci­a­tions such as AFEE, AFIT, AHE, ASE, EAEPE, HES, ICAPE, URPE, and so on.
This event will cel­e­brate his activ­i­ties towards estab­lish­ing a tru­ly het­ero­dox and plu­ral­ist com­mu­ni­ty of econ­o­mists and not least his the­o­ret­i­cal con­tri­bu­tions towards devel­op­ing foun­da­tions for het­ero­dox eco­nom­ics.

On find­ing out that he was ter­mi­nal­ly ill, char­ac­ter­is­ti­cal­ly Fred’s thoughts were of the the future of a real­ist approach to eco­nom­ics. Fred and his wife, Ruth, estab­lished the Het­ero­dox Eco­nom­ics Schol­ar­ship Fund, which is designed to finan­cial­ly sup­port doc­tor­al het­ero­dox eco­nom­ics stu­dents. The Schol­ar­ship is open to all doc­tor­al stu­dents study­ing in a het­ero­dox eco­nom­ics pro­gram, although cur­rent­ly pref­er­ence is giv­en to UMKC doc­tor­al stu­dents due to the lim­it­ed amount of funds.

To make a con­tri­bu­tion to the Fred­er­ic S. Lee Het­ero­dox Eco­nom­ics Schol­ar­ship Fund, vis­it here (min­i­mum dona­tion of £16):

To learn more about the Fund, vis­it here:

You can also make a con­tri­bu­tion to the Fund by pur­chas­ing Fred’s books and jour­nals. For more infor­ma­tion, vis­it here:

If you wish to attend this event, please com­plete the reg­is­tra­tion form below by Wednes­day 12th of Novem­ber 2014

Reg­is­tra­tion form link: Calls for con­tri­bu­tions for Pro­fes­sor Fred­er­ic S. Lee Het­ero­dox Eco­nom­ics Schol­ar­ship Fund in the hon­our of Pro­fes­sor Fred­er­ic S. Lee (22/11/14) Reg­is­tra­tion Form

Organ­is­er: Dr Ioana Negru

Con­tact email:

Con­tact Tel: 020 7898 4517

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.