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Abstract
Neoliberal economics has reshaped societies. How did this doctrine ascend? While existing explanations emphasize a variety of factors, one neglected aspect is intellectual rivalry within the US economics profession. Neoliberalism had to attain prestige against the grain of the intelligentsia prior to becoming a force to organize political power. Using qualitative and quantitative evidence, we examine key rivals in US economics from 1960 to 1985: the Chicago School of Economics, neoliberal pioneers and the 'Charles River Group' (Harvard University and the Massachusetts Institute of Technology), the mainstream Keynesian stronghold. We identify socialization mechanisms from historical accounts, which suggest forms of social cohesion between elite professors and their students. We measure social cohesion and network structure from salient relations within and between generations, using a new a dataset focused on elite economics professors and their graduate students. What differentiated the Chicago School from Charles River was its fostering of social cohesion and its effective transmission of value orientations across generations.

AbstractPolitical economists have often drawn a hard line between the interests of owners of capital and the interests of labor. Yet over the past 30 years in Anglo-Saxon countries in particular, workers have become increasingly invested in capital markets activity through the privatization of pension systems and other incentives for market-based savings. In this article, we investigate whether this 'financialization of everyday life' has generated a convergence of policy preferences whereby individuals support policies traditionally associated with the financial sector. Using three separate datasets on the US population, we find evidence that financial asset ownership is associated with lower support for more stringent financial regulatory policy, and higher support for financial sector bailouts. Such effects on individual preferences are modest on average, but persist even when controlling for indicators of social class and a range of other conditions, circumstances and time periods.

"An new historical anthology from transatlantic slavery to the Reconstruction curated by the Schomburg Center, that makes the case for focusing on the histories of Black people as agents and architects of their own lives and ultimate liberation, with a foreword by Kevin Young. This is the first Penguin Classics anthology published in partnership with the Schomburg Center, a world-renowned cultural institution documenting black life in America and worldwide. A historic branch of NYPL located in Harlem, the Schomburg holds one of the world's premiere collections of slavery material within the Lapidus Center for Historical Analysis of Transatlantic Slavery. Unsung will place well-known documents by abolitionists alongside lesser-known life stories and overlooked or previously uncelebrated accounts of the everyday lives and activism that were central in the slavery era, but that are mostly excised from today's master accounts. Unsung will also highlight related titles from founder Arturo Schomburg's initial collection: rare histories and first-person narratives about slavery that assisted his generation in understanding the roots of their contemporary social struggles. Unsung will draw from the Schomburg's rich holdings in order to lead a dynamic discussion of slavery, rebellion, resistance, and anti-slavery protest in the United States"--

AbstractResearch on elites often utilizes network analysis to describe and analyse the interrelationships among elites and how their prominence varies by demographic characteristics. We examine the diversity of global elites through an analysis of the board members of large corporations, think tanks, international organizations, and transnational policy planning groups. Using new data, we provide the first descriptive picture of global elite networks in terms of race and gender. We also test the 'core–periphery' hypothesis, which predicts that as non‐whites and women achieve elite positions they will be marginalized to the periphery of elite networks, while the core remains significantly more white and male. We find consistent evidence for the core–periphery hypothesis across a range of empirical tests, from simple k‐coring to various core–periphery models. Most groups decline in their representation in the core, and this includes white women. White men are the only group that increases in representation in the core compared to the periphery.

AbstractNetwork data on connections between corporate actors and entities – for instance through co‐ownership ties or elite social networks – are increasingly available to researchers interested in probing the many important questions related to the study of modern capitalism. Given the analytical challenges associated with the nature of the subject matter, variable data quality and other problems associated with currently available data on this scale, we discuss the promise and perils of using big corporate network data (BCND). We propose a standard procedure for helping researchers deal with BCND problems. While acknowledging that different research questions require different approaches to data quality, we offer a schematic platform that researchers can follow to make informed and intelligent decisions about BCND issues and address these through a specific work‐flow procedure. For each step in this procedure, we provide a set of best practices for how to identify, resolve and minimize the BCND problems that arise.