Professor Jamie Morgan
Professor Leeds Beckett
- Leeds
Jamie Morgan lectures in the Subject Area of Economics, Analytics and International Business.
Media
Biography
Jamie co-edits Real World Economics Review with Edward Fullbrook. RWER is the world's largest open source economics journal with over 26,000 subscribers and an average of over one million article downloads per year. On a new electronic impact rating RWER was ranked fifth from 307 economics journals. Contributors include prominent exponents in all fields of economics, including Nobel Prize winners. The RWER Blog has over 15,000 members and RWER is now also affiliated to the newly founded World Economics Association. The WEA has more than 14,000 members worldwide.
Jamie is the former coordinator of the Association for Heterodox Economists. The AHE shares with the WEA and the Institute for New Economic Thinking a commitment to the need for a renewed and more open approach to economics. Over the last decade, Jamie has published widely in the fields of economics, political economy, philosophy, sociology and international politics.
Industry Expertise
Areas of Expertise
Affiliations
- Real World Economics Review : Co-editor
- Academic steering committee of Y-PERN (Yorkshire and Humber Policy Engagement & Research Network)
- Academic advisory committee of ISRF (the Independent Social Research Foundation)
Links
- University Profile
- ResearchGate Citations
- New project to strengthen evidence-based policymaking in the region
- Pandemic awareness, business models and (im)possible futures
- How will new technology shape the world
- Technology, society and the Fourth Industrial Revolution
- Colonising the Future: The productivity puzzle, March of the Robots, and anxiety versus optimism
Languages
- English
Media Appearances
Electric cars won’t save us if the numbers don’t add up – economist
The Conversation online
2020-08-07
Electric cars are one of the fastest growing sectors of the automotive industry. Record sales are being made despite the economic crisis posed by the coronavirus pandemic. Seven years ago, there were only 3500 plug-in cars in the UK – there are now 300,000. Almost 120,000 of them run purely on battery power. Many view the current period, even though it coincides with the pandemic, as a watershed moment – a shift in consumer sentiment is expected to lead to a surge in electric vehicles.
The fourth industrial revolution could lead to a dark future
The Conversation online
2020-01-09
Cast your mind back a decade or so and consider how the future looked then. A public horizon of Obama-imbued “yes we can” and a high tide of hope and tolerance expressed in the London Olympics provides one narrative theme; underlying austerity-induced pressure another. Neither speaks directly to our current world of divisive partisan politics, toxic social media use, competing facts and readily believed fictions.
Articles
Ontology, Complex Adaptive Systems and Economics
Cambridge Journal of Economics2024
In this article we first set out what complexity theory is and its place in economics. We then discuss whether complexity economics has observably transformed the mainstream before asking, even if complexity economics did in fact succeed in changing the mainstream, would this make the mainstream significantly different? The purpose of the article is to establish that complexity economics is different than the previously existing mainstream but, drawing on critical realism and social ontology, not as different as one might think. We conclude by suggesting there is scope for a more ontologically nuanced understanding of complexity.
Competent retrofitting policy and inflation resilience: The cheapest energy is that which you don't use.”
Energy Economics2023
Given that it is widely acknowledged that the cheapest energy is that which you don't use, we take a tangential approach to issues of energy prices and inflation and focus on energy efficiency policy that reduces demand at source. Our focus is housing retrofitting from an institutional or framework perspective.
The Economics of Tax Behavior: The Absence of a Reflexive Ethical-Economic Agent
Journal of Economic Issues2023
In this article I do four things. First, I set out and critique mainstream economic theory of tax evasion and its lack of a reflexive ethical-economic agent. Second, I set out more innovative work on “tax morale.” Third, I establish that insofar as work on tax morale draws on behavioral economics it has more continuity with previous work on evasion than one might expect, given that the implications of tax morale for an economic agent seem different. Fourth, drawing on concepts of deliberation, moral economy, and positional objectivity, I provide brief discussion of alternatives that encourage and respect a reflexive ethical-economic agent.
Systemic stablecoin and the brave new world of digital money
Cambridge Journal of Economics2023
New forms of money invite informed speculation regarding future possibilities. In this extended commentary, we explore five issue-areas that the growth of cryptocurrency and, more particularly, stablecoin have evoked. This new form of digital money has the potential to change the form and functioning of payments technologies and thus alter not just how something is paid for but what can be paid for.
Is seeking certainty in climate sensitivity measures counterproductive in the context of climate emergency? The case for scenario planning
Technological Forecasting and Social Change2022
Climate emergency is fast becoming the overriding problem of our times and rapid reductions in carbon emissions a primary policy focus that is liable to affect all aspects of society and economy. A key component in climate science is the “climate sensitivity” measure and there has been a recent attempt using Bayesian updating to narrow this measure in the interests of “firming up the science”. We explore a two stage argument in this regard.
Financialised Private Equity Finance and the Debt Gamble: The Case of Toys R Us
New Political Economy2021
In this paper, we pursue a financialisation line of argument exploring the specific features of private equity finance, with a focus on the activity undertaken at scale by the largest management groups or firms. The largest private equity firms wield considerable resources, affect ownership patterns and have the capacity to acquire literally any company. What they do matters.
Electric Vehicles: The future we made and the problem of unmaking it
Cambridge Journal of Economics2020
The uptake of battery electric vehicles (BEVs), subject to bottlenecks, seems to have reached a tipping point in the UK and this mirrors a general trend globally. BEVs are being positioned as one significant strand in the web of policy intended to translate the good intentions of Article 2 of the Conference of the Parties 21 Paris Agreement into reality.
Will we work in twenty-first century capitalism?’ A critique of the fourth industrial revolution literature
Economy and Society2019
The fourth industrial revolution has become a prominent concept and imminent technological change a major issue. Facets are everyone’s concern but currently no one’s ultimate responsibility (perhaps a little like financial stability before the global financial crisis). In this paper, we argue that the future is being shaped now by the way the fourth industrial revolution is being positioned.
