The Association for Economic and Social Analysis, in collaboration with Rethinking Marxism: A Journal of Economics, Culture, and Society, is proud to announce that submissions are now being accepted for the 2021 Stephen A. Resnick Graduate Student Essay Prize.
Stephen A. Resnick (1938-2013) earned his Ph.D. in economics from MIT, taught for eight years in the Economics Department at Yale University and two years at the City College of New York, before joining the Economics Department at the University of Massachusetts at Amherst in 1973. Resnick was an award-winning undergraduate and graduate teacher. He also pioneered, in collaboration with Richard D. Wolff, an antiessentialist approach to Marxian economic and social analysis. Of their many jointly authored works, the best known are Knowledge and Class: A Marxian Critique of Political Economy (1987), New Departures in Marxian Theory (2006), and (with Yahya Madra) Contending Economic Theories: Neoclassical, Keynesian, and Marxian (2012). Resnick was a founding member of the Association for Economic and Social Analysis and Rethinking Marxism.
The winner will receive a $2,000 award and publication of their essay in Rethinking Marxism.
To be considered for the 2021 Resnick Prize, please submit a current CV and a 4000-8000 word essay (consistent with Rethinking Marxism guidelines) to resnickaward@rethinkingmarxism.org no later than June 1, 2021. The winner will announced by August 1, 2021
Distinguished Professor of Economics Léonce Ndikumana, considered by many to be one of the best-known and most widely respected African macroeconomists of his generation, has been named a 2021 Andrew Carnegie Fellow by the Carnegie Corporation of New York. Ndikumana is the first University of Massachusetts Amherst faculty member to receive the honor.
UMass Economics Professor Jayati Ghosh was 
Economists frequently argue that, with regard to international trade, low-income countries will automatically specialize in producing basic commodities, while high-income countries export a mixture of technologically sophisticated and simpler products. These differences are typically explained by variations in skills, production technology, and other endowments, with little reference to historical processes. In contrast, complexity economics suggests that past productive capabilities can determine future capacities. In an innovative new study, Prof. Isabella Weber (UMass, Economics), Gregor Semieniuk (UMass Economics and PERI), Tom Westland (Cambridge University), and Junshang Liang (UMass Economics) analyze data over an entire century, across very different forms of globalization, and show that history matters: early patterns of specialization have a strong impact on what the world’s economies look like today.
UMass-Amherst Economics 1991 graduate Kevin F. Hallock was named the next President of the University of Richmond. A member of Phi Beta Kappa (1990), Dr. Hallock received a B.A. degree in economics, summa cum laude, from the University of Massachusetts at Amherst (1991) and an M.A. (1993) and Ph.D. (1995) from Princeton University, both in economics. He began his career as an Assistant Professor at the University of Illinois at Urbana-Champaign and joined the Cornell faculty in 2005. He has won multiple awards for teaching excellence and has been an invaluable mentor to hundreds of undergraduate students throughout his career, many of whom have been engaged with his research. He has also served as advisor or dissertation committee chair for 50 Ph.D. students, many of whom are now themselves distinguished and accomplished scholars at prestigious institutions, government agencies, and NGOs.