Professor Sheila Dow

Emeritus Professor

Economics University of Stirling, Stirling, FK9 4LA

Professor Sheila Dow

Contact details

About me

QUALIFICATIONS

Honorary Doctorate, University of Thessaly, 2023 Ph.D. in Economics, University of Glasgow, 1978-81. Thesis title: Money and Real EconomicDisparities between Nations and between Regions, supervised by Professor Tom Wilson. Ph.D. programme, McMaster University, 1977-8 M.A. in Economics, University of Manitoba, 1972-73 M.A. Hons. in Political Economy and Pure Mathematics, University of St Andrews, 1966-70

ACADEMIC POSITIONS

Adjunct Professor, Department of Economics, University of Victoria (www.uvic.ca/econ), 2012- .

Emeritus Professor in Economics, University of Stirling, 2010-.

Personal Chair in Economics, University of Stirling, 1996-2009

Senior Lecturer, Department of Economics, University of Stirling 1989-96

Reader in Economics, University of Stirling 1988-96

Visiting Scholar, Faculty of Economics and Politics, University of Cambridge, 1987

Visiting Assistant Professor, Department of Economics, University of Toronto, 1982-83

Lecturer, Department of Economics, University of Stirling 1979-88

Part-time Tutor, Department of Political Economy, University of Glasgow 1978-79

Teaching Assistant, Department of Economics, McMaster University, 1977-78

Research Assistant, Department of Economics, University of Manitoba 1972-73

Research Asst, Dept. of Economics, Simon Fraser University, Summer 1969

NON-ACADEMIC POSITIONS

Special Advisor on Monetary Policy to the Treasury Select Committee (https://www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/), 2001-10.

Economic Research Analyst, then Senior Economist, Department of Finance, Government of Manitoba, 1973-77

Overseas Department, Bank of England, 1970-72

OTHER ACADEMIC ROLES (SELECTION)

Fellow of the Academy of Social Sciences 2020-

Member of the Academic Council, Institute for New Economic Thinking (www.ineteconomics.org), 2018- .

Member of the SSRN Economics Advisory Board.

Foreign Member, Center on Capitalism and Society (https://capitalism.columbia.edu/), 2010- .

Fellow of the Academy of Social Sciences 2020-

Honorary Member, European Society for the History of Economic Thought, 2022-

Fellow of the Academy of Social Sciences 2020-

Honorary Member of the Italian Association for the History of Political Economy, 2020-23.

Member of the Academic Advisory Board, Independent Social Research Foundation (http://www.isrf.org/), 2018-20.

Co-editor, Economic Thought (http://et.worldeconomicsassociation.org/), 2012-17.

Executive Committee, European Society for the History of Economic Thought (http://www.eshet.net/), 2006-8.

Director, then Co-Convenor, Scottish Centre for Economic Methodology, 2005- .

Associate Editor, Journal of Economic Methodology (https://www.tandfonline.com/loi/rjec20), 2005-12.

Chair, International Network on Economic Method(http://www.econmethodology.org/), 2001-3.

Co-Chair, Post Keynesian Economics Study Group (http://www.econmethodology.org/ ), 1995-9.

Member, Council of the Royal Economic Society (http://www.res.org.uk), 1994-99.

Treasurer, Scottish Economic Society (www.scotecon.org/), 1988-93.

Economic methodology: open systems; pluralism

History of economic thought: David Hume; Adam Smith; the Scottish Political Economy Tradition; Keynes

Theory of money and banking and monetary policy: structural endogenous money theory; policy-making under uncertainty; banking in transition economies

Regional and international finance: the regional impact of monetary policy.

Research projects (1)

Digital Audio Records for Academic Research: The Case of Economics
PI: Professor Sheila Dow
Funded by: The Nuffield Foundation

Outputs (259)

Showing 100 of 259 — See all 259 outputs

Book Chapter

Dow S (2023) Keynes on theorising for policy. In: Drakopoulos S & Katselidis I (eds.) Economic Policy and the History of Economic Thought. Routledge Studies in the History of Economics. London: Routledge, pp. 173-188. https://www.routledge.com/Economic-Policy-and-the-History-of-Economic-Thought/Drakopoulos-Katselidis/p/book/9781032131962


Book Chapter

Dow S (2023) Uncertainty and Macroeconomic Methodology. In: Jespersen J, Chick V & Tieben B (eds.) Handbook of Macroeconomic Methodology. London: Routledge, pp. 85-99. https://doi.org/10.4324/9781315745992


Article

Dow S (2023) Victoria Chick 1936–2023. European Journal of the History of Economic Thought, 30 (3), pp. 486-490. https://doi.org/10.1080/09672567.2023.2200058


Book Chapter

Dow S (2022) Unification and Pluralism. In: Caldwell B, Davis J, Mäki U & Sent E (eds.) Methodology and History of Economics: Reflections with and without Rules. London: Routledge, pp. 55-70. https://doi.org/10.4324/9781003266051


Commentary

Dow S (2021) Comment on John Davis's 'A methodological perspective on economic modelling and the global pandemic'. Commentary on: Davis, JB, A methodological perspective on economic modelling and the global pandemic, Economic Thought 10.2: 1-8, 2021. Economic Thought, 10 (2), pp. 9-11. http://et.worldeconomicsassociation.org/papers/comment-on-john-daviss-a-methodological-perspective-on-economic-modelling-and-the-global-pandemic/


Commentary

Dow S (2021) A deeper struggle for the soul of economics. Commentary on: Hoover, K. (2021). The struggle for the soul of economics. Journal of Economic Methodology. https://doi.org/10.1080/1350178X.2021.2010281. Journal of Economic Methodology. https://doi.org/10.1080/1350178X.2021.2010282


Book Chapter

Dow S (2020) Is macro in crisis?. In: Rochon L & Bougrine H (eds.) Credit, Money and Crises in Post-Keynesian Economics. New Directions in Post-Keynesian Economics. Cheltenham: Edward Elgar, pp. 231-245. https://www.e-elgar.com/shop/gbp/credit-money-and-crises-in-post-keynesian-economics-9781786439543.html


Book Chapter

Dow S (2020) Pluralism and heterodox economics. In: Hermann A & Mouatt S (eds.) Contemporary Issues of Heterodox Economics: Implications for Theory and Policy Action. London: Routledge, pp. 275-281. https://www.taylorfrancis.com/books/contemporary-issues-heterodox-economics-arturo-hermann-simon-mouatt/e/10.4324/9780429346415


Book Chapter

Dow S (2020) Financialization, money and the state. In: van der Zwan N, Mader P & Mertens D (eds.) The Routledge International Handbook of Financialization. Routledge International Handbooks. London: Routledge, pp. 56-67. https://www.routledge.com/The-Routledge-International-Handbook-of-Financialization/Mader-Mertens-Zwan/p/book/9781138308213


Book Chapter

Dow S (2020) The methodological role of the history of economic thought. In: Marcuzzo MC, Deleplace G & Paesani P (eds.) New Perspectives on Political Economy and its History. Palgrave Studies in the History of Economic Thought. London: Palgrave Macmillan, pp. 21-37. https://www.palgrave.com/gp/book/9783030429249


Book Chapter

Dow S (2020) Money Finance And The Role Of The State. In: Dunn B (ed.) A Research Agenda for Critical Political Economy. Elgar Research Agendas. Cheltenham: Edward Elgar, pp. 47-60. https://www.e-elgar.com/shop/gbp/a-research-agenda-for-critical-political-economy-9781789903065.html


Book Chapter

Dow S (2019) Opportunities and challenges for post-Keynesian economics?. In: Jespersen J & Olesen F (eds.) Progressive Post-Keynesian Economics: Dealing with Reality. New Directions in Modern Economics. Cheltenham: Edward Elgar Publishing, pp. 1-15. https://doi.org/10.4337/9781788119887


Book Chapter

Dow S (2019) Risk and uncertainty. In: Dimand RW & Hagemann H (eds.) The Elgar Companion to John Maynard Keynes. Cheltenham: Edward Elgar, pp. 255-61. https://doi.org/10.4337/9781788118569


Conference Paper (published)

Dow S (2018) Keynes on Domestic and International Monetary Reform. In: Dow S, Jespersen J & Tily G (eds.) The General Theory and Keynes for the 21st Century. New Directions in Modern Economics. The General Theory and Victoria Chick at 80, UCL, London, 11.07.2016-11.07.2016. Cheltenham: Edward Elgar, pp. 132-144.


Conference Paper (published)

Dow S (2018) Pluralist economics: is it scientific?. In: Decker S, Elsner W & Flechtner S (eds.) Advancing Pluralism in Teaching Economics: international perspectives on a textbook science. Routledge Advances in Heterodox Economics, 39. Teaching Economics in the 21st Century, Berlin, Germany, 26.11.2015-28.11.2015. London: Routledge, pp. 13-30. https://www.routledge.com/Advancing-Pluralism-in-Teaching-Economics-International-Perspectives-on/Decker-Elsner-Flechtner/p/book/9781138037625


Book Chapter

Dow S (2017) Regional Finance. In: Richardson D, Castree N, Goodchild M, Kobayashi A, Liu W & Marston R (eds.) The International Encyclopedia of Geography. London: Wiley-Blackwell. http://onlinelibrary.wiley.com/book/10.1002/9781118786352; https://doi.org/10.1002/9781118786352.wbieg0472


Website Content

Dow S (2017) 'People have had enough of experts'. Institute for New Economic Thinking, 06.02.2017. https://www.ineteconomics.org/perspectives/blog/people-have-had-enough-of-experts


Other

Dow S (2016) Economics and Ethics. ISRF Bulletin, 11, pp. 10-14. https://issuu.com/isrf/docs/isrf_bulletin_issue_xi


Book Chapter

Dow S (2016) Consistency in Pluralism and the Role of Microfoundations. In: Courvisanos J, Doughney J & Millmow A (eds.) Reclaiming Pluralism in Economics: Essays in honour of John E. King. Routledge Advances in Heterodox Economics, 31. London and New York: Routledge, pp. 32-46.


Book Chapter

Dow S (2016) Codes of Ethics for Economists, Pluralism, and the Nature of Economic Knowledge. In: DeMartino GF G & McCloskey D (eds.) Oxford Handbook on Professional Economic Ethics. Oxford Handbooks. Oxford: Oxford University Press, pp. 750-764. http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780199766635.001.0001/oxfordhb-9780199766635-e-041?rskey=uN0sUN&result=2


Book Chapter

Dow A & Dow S (2015) Economic Development in the Scottish Enlightenment: Ideas as Cause and Effect. In: Ruziev K & Perdikis N (eds.) Development and Financial Reform in Emerging Economies. SCEME Studies in Economic Methodology, 2. London: Pickering & Chatto, pp. 7-22. http://www.pickeringchatto.com/titles/1732-9781848934580-development-and-financial-reform-in-emerging-economies


Book Chapter

Ruziev K & Dow S (2015) A Re-evaluation of Banking Sector Reforms in Transition Economies: Intentions and Unintended Consequences. In: Ruziev K & Perdikis N (eds.) Development and Financial Reform in Emerging Economies. SCEME Studies in Economic Methodology, 2. London: Pickering & Chatto, pp. 81-98. http://www.pickeringchatto.com/titles/1732-9781848934580-development-and-financial-reform-in-emerging-economies


Book Chapter

Dow S (2015) Money, Banking and Deficits. In: Ali T & Ashiagbor D (eds.) Full Employment Revisited: Essays on the Economy, People and Fairness. London: The Work Forum, pp. 12-14. http://workforumpublishing.com/?page_id=166


Book Chapter

Dow S (2015) Liquidity Trap. In: Rochon L & Rossi S (eds.) The Encyclopedia of Central Banking. Cheltenham: Edward Elgar, pp. 300-302. http://www.e-elgar.com/shop/the-encyclopedia-of-central-banking


Book Chapter

Dow S (2015) Monetary Policy. In: Davis J & Dolfsma W (eds.) The Elgar Companion to Social Economics (second edition). Cheltenham: Edward Elgar, pp. 533-547. http://www.e-elgar.com/shop/the-elgar-companion-to-social-economics-second-edition


Book Chapter

Dow A & Dow S (2014) Scotland. In: Barnett V (ed.) Routledge Handbook of the History of Global Economic Thought. London: Routledge, pp. 38-47. http://www.routledge.com/books/details/9780415508490/


Article

Dow S (2014) Animal Spirits and Organization. Journal of Post Keynesian Economics, 37 (2), pp. 211-231. https://www.tandfonline.com/doi/abs/10.2753/PKE0160-3477370202


Book Chapter

Dow S (2014) The Role of Methodology in the Economics Curriculum. In: Madi M & Reardon J (eds.) The economics curriculum: towards a radical reformulation. Economics series. London: College Publications. http://www.collegepublications.co.uk/econ/?00002


Book Chapter

Dow S (2013) Monetary policy and regulation of financial markets - a Keynesian view. In: Chaloupek G & Marterbauer M (eds.) 75 Jahre General Theory of Employment, Interest and Money. Wirtschaftswissenschaftliche Tagungen der AK Wien, 17. Vienna, Austira: LexisNexis, pp. 43-60. https://shop.lexisnexis.at/75-jahre-general-theory-of-employment-interest-and-money-9783700752905.html


Book Chapter

Chick V & Dow S (2013) Financial Institutions and The State: A Re-examination. In: Rochon L & Seccareccia M (eds.) Monetary Economies of Production: Banking and Financial Circuits and the role of the State. Cheltenham: Edward Elgar, pp. 99-111. http://www.e-elgar.co.uk/bookentry_main.lasso?id=14862


Book Chapter

Dow S (2013) Teaching open-system economics. In: Jespersen J & Madsen M (eds.) Teaching Post-Keynesian Economics. Cheltenham: Edward Elgar, pp. 73-87. http://www.e-elgar.co.uk/bookentry_main.lasso?id=15414


Book Chapter

Dow S (2013) Methodology and Post-Keynesian Economics. In: Harcourt G & Kriesler P (eds.) The Oxford Handbook of Post-Keynesian Economics, Volume 2: Critiques and Methodology. Oxford: Oxford University Press, pp. 80-99. http://ukcatalogue.oup.com/product/9780195390759.do


Book Chapter

Chick V & Dow S (2013) Post-Keynesian Theories of Money and Credit: Conflicts and (Some) Resolutions. In: Harcourt G & Kriesler P (eds.) The Oxford Handbook of Post-Keynesian Economics, Volume 1: Theory and Origins. Oxford Handbooks in Economics. Oxford: Oxford University Press, pp. 152-166. https://global.oup.com/academic/product/the-oxford-handbook-of-post-keynesian-economics-volume-1-9780195390766?q=handbook%20austrian%20economics〈=en&cc=gb


Book Chapter

Dow S (2013) The Real (Social) Experience of Monetary Policy. In: Pixley J & Harcourt G (eds.) Financial crises and the nature of capitalist money: Mutual developments from the work of Geoffrey Ingham. London: Palgrave Macmillan, pp. 178-195. http://us.macmillan.com/financialcrisesandthenatureofcapitalistmoney/JocelynPixley


Book Chapter

Dow S, Earl PE, Foster J, Harcourt GC, Hodgson GM, Metcalfe JS, Ormerod P, Rosewell B, Sawyer MC & Tylecote A (2012) Letter to the Queen, 10 August. In: Hodgson G (ed.) Mathematics and Modern Economics. The International Library of Critical Writings in Economics series, 266. Cheltenham: Edward Elgar. https://www.e-elgar.co.uk/bookentry_main.lasso?currency=US&id=14735


Book Chapter

Chick V & Dow S (2012) Formalism, Logic and Reality: A Keynesian Analysis. In: Hodgson G (ed.) Mathematics and Modern Economics. Cheltenham: Edward Elgar. https://www.e-elgar.co.uk/bookentry_main.lasso?currency=US&id=14735


Book Chapter

Dow S (2012) The methodology of finance. In: Toporowski J & Michell J (eds.) Handbook of Critical Issues in Finance. Elgar original reference. Cheltenham: Edward Elgar, pp. 218-224. http://www.e-elgar.co.uk/bookentry_main.lasso?id=14083; https://doi.org/10.4337/9781849805957.00036


Book Chapter

Chick V & Dow S (2012) Choice under uncertainty. In: King J (ed.) The Elgar Companion to Post Keynesian Economics, Second Edition. 2nd ed. Elgar original reference. Cheltenham: Edward Elgar, pp. 82-87. http://www.e-elgar.com/bookentry_main.lasso?id=14066


Book Chapter

Dow S (2012) Babylonian mode of thought. In: King J (ed.) The Elgar Companion to Post Keynesian Economics, Second Edition. 2nd ed. Elgar original reference. Cheltenham: Edward Elgar, pp. 15-19. http://www.e-elgar.com/bookentry_main.lasso?id=14066


Book Chapter

Dow S (2012) Keynes on Knowledge, Expectations, and Rationality. In: Frydman R & Phelps E (eds.) Rethinking Expectations: The Way Forward for Macroeconomics. Princeton, USA: Princeton University Press, pp. 112-129. http://press.princeton.edu/TOCs/c10002.html


Book Chapter

Dow S (2012) Economics and Moral Sentiments: The Case of Moral Hazard. In: Caldas J & Neves V (eds.) Facts, Values and Objectivity in Economics. Routledge Frontiers of Political Economy, 156. London: Routledge, pp. 17-32. http://www.routledge.com/books/details/9780415667128/


Article

Dow A & Dow S (2011) Animal Spirits Revisited. Capitalism and Society, 6 (2), pp. 1-23. http://www.degruyter.com/view/j/cas.2011.6.issue-2/1932-0213.1087/1932-0213.1087.xml?format=INT; https://doi.org/10.2202/1932-0213.1087


Book Chapter

Dow S (2010) Smith’s Philosophy and Economic Methodology. In: Young J (ed.) Elgar Companion to Adam Smith. Elgar original reference. Cheltenham: Edward Elgar, pp. 100-111. http://www.e-elgar.com/bookentry_main.lasso?id=3586


Book Chapter

Dow S (2010) Was there a (Methodological) Keynesian Revolution?. In: Dimand B B, Mundell R & Vercelli A (eds.) Keynes’s General Theory After Seventy Years. IEA Conference Volume, 147. Basingstoke: Palgrave Macmillan for the International Economic Association, pp. 268-286. http://www.palgrave.com/page/detail/keyness-general-theory-after-seventy-years-robert-dimand/?K=9780230235991


Book Chapter

Dow S, Klaes M & Montagnoli A (2009) Variety of economic judgement and monetary policy-making by committee. In: Hein E, Niechoj T & Stockhammer E (eds.) Macroeconomic Policies on Shaky Foundations: Whither Mainstream Economics?. Series of studies of the Research Network Macroeconomics and Macroeconomic Policies (FMM), 12. Marburg, Germany: Metropolis-Verlag, pp. 331-349. http://www.metropolis-verlag.de/Macroeconomic-Policies-on-Shaky-Foundations-%26ndash-Whither-Mainstream-Economics/757/book.do


Book Chapter

Dow S (2009) History of Thought, Methodology and Pluralism. In: Reardon J (ed.) A Pluralist Handbook for Economics Education. Routledge Advances in Heterodox Economics. London: Routledge, pp. 43-53. http://www.routledge.com/books/details/9780415777629/


Edited Book

Arena R, Dow S & Klaes M (eds.) (2009) Open Economics: Economics in Relation to Other Disciplines. Routledge Studies in the History of Economics. London: Routledge. http://www.routledge.com/books/details/9780415460125/


See all 259 outputs