SOAS is holding an event to recognise the late Fred Lee’s outstanding contributions to developing a realistic microeconomics.
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:http://www.gkccf.org/scholarships/frederic-s-lee-heterodox-economics-scholarship-fund
You can also make a contribution to the Fund by purchasing Fred’s books and journals. For more information, visit here: http://heterodoxnews.com/leefs/book-sale/
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: in8soas.ac.uk
Contact Tel: 020 7898 4517