People

Sheila Dow is Emeritus Professor of Economics at the University of Stirling, Scotland, and Convener of the Scottish Centre for Economic Methodology. Her main academic focus has been on raising methodological awareness in the fields of macroeconomics, money and banking, and the history of economic thought (especially Hume, Smith and Keynes). While her career has primarily been in academia, she has a policy background from positions with the Bank of England and the Government of Manitoba, and latterly as a special advisor on monetary policy to the UK Treasury Select Committee. She has held positions with a range of academic organisations, such as Chair of the International Network for Economic Method. Recent books include Economic Methodology: An Inquiry, OUP 2002, A History of Scottish Economic Thought, Routledge 2006, co-edited with Alexander Dow, and Open Economics, Routledge 2009, co-edited with Richard Arena and Matthias Klaes.

News

Publications

  • Foundations for New Economic Thinking: A Collection of Essays

    Sheila C. Dow
    View Summary

    New economic thinking is in demand in the light of the recent crisis. But it is constrained by the prevailing way of thinking about the economy and about economics. This book equips the reader with a better understanding of this way of thinking and increases awareness of other possibilities. This selection of essays provides the foundations for debate at the levels of methodology and mode of thought; not only does awareness at these levels increase mutual understanding, making debate more constructive and increasing the possibilities for creative new developments, but it also puts the onus on economists to communicate and defend their own approach. This collection builds up these foundations and addresses particular issues, such as differences in meaning of key concepts. These issues have important practical implications for theory and policy. (Palgrave Macmillan)