David M Brennan Professor of Economics

Research

Research Areas

Political Economy, Financial Crisis and Policy, Corporate Governance, Pensions, History of Economic Thought, Feminist Economics, Marxian Economics

Research in Progress

Marxian and Kaleckian investgation of Chinese Profits.

Publications

Books

2017. Routledge Handbook of Marxian Economics, ed. D. Brennan, D. Kristjanson-Gural, C. Mulder, and E. Olsen, London: Routledge. 

ISBN 9780367321765

https://www.routledge.com/Routledge-Handbook-of-Marxian-Economics/Brennan-Kristjanson-Gural-Mulder-Olsen/p/book/9780367321765

Translation in Chinese

2023. 特利奇马克思主义政治经济学手册, ed. D. Brennan, D. Kristjanson-Gural, C. Mulder, and E. Olsen, 上海财经大学出版社 (Shanghai University of Finance and Economics Press).

ISBN 9787564239220

https://item.jd.com/10071524432347.html

Academic Articles

(sole authored and peer reviewed)

2022. "Beyond Profit- verses Investment-led Capitalism: Marx and Kalecki on "capitalists' consumption” and "workers' savings" " Rethinking Marxism: A Journal of Economics, Culture & Society, 34 no. 3: 294-316. 

2018. “Regimes of Realization: Using Marx and Kalecki to Understand the U.S. Economy, Including the Great Recession and the ‘Recovery’.” Review of Radical Political Economics,  50 no. 4: 757-772.

2017. Routledge Handbook of Marxian Economics, ed. D. Brennan, D. Kristjanson-Gural, C. Mulder, and E. Olsen, London: Routledge.  

2017. “The Capitalist Firm.”  For the Routledge Marxian Handbook of Economics, ed. D. Brennan, D. Kristjanson-Gural, C. Mulder, and E. Olsen, London: Routledge.  

2013. “Too Bright for Comfort: A Kaleckian View of Profit Realization in the U.S. from 1964 to 2009.” Cambridge Journal of Economics, 38, 239-255.

2013. “If Class Transformation Can Happen There, It Can Happen….” Symposium on Unions and Class Transformation: The Case of the Broadway Musicians.  Rethinking Marxism: A Journal of Economics, Culture & Society, 25 no. 1: 109-113.

2010. “Retirement’s Past, Present, and Possibilities.” Review Essay/Note Critique. Labour/Le Travail, 65. 161-173.

2010. “The Bull-of-Last-Resort: How the U.S. Economy Capitalizes on Nationalism.” Rethinking Marxism: A Journal of Economics, Culture and Society,  22, no. 195-202.

2010. “A Tale of Two Thailands: A Minskyan Analysis of Growth in Different Regimes.” Review of Radical Political Economics, 40, no. 1: 66-80.

2008. “Stakeholders.” For the International Encyclopedia of the Social Sciences 2nd. Edition, General Editor, William Darity, Farmington Hills, MI: Macmillan Reference USA.

2008. “Co-Opting the Shareholder Value Movement: A Class Analytic Model of Share Repurchases.” Review of Radical Political Economics, 40, no. 1: 89-106.

2006. “Defending the Indefensible? Culture’s role in the productive/unproductive dichotomy.” Feminist Economics, 12, no. 3: 403-425.
(Voted “Best New Journal” by the Council of Editors of Learned Journals, 1997) 

2005. “‘Fiduciary Capitalism,’ the ‘Political Model of Corporate Governance,’ and the Prospect of Stakeholder Capitalism in the U.S.” Review of Radical Political Economics, 37, no. 1: 39-62.

2003. “Enron and Failed Futures: A critical appraisal of policy and corporate governance in the wake of Enron’s collapse.” Social Text, 21, no. 4: 35-50.

2003. “Enron: Understanding Deregulated Markets, Accounting Scandals, and Lost Savings.” Rethinking Marxism, 15, no. 4: 554-564.

2003. “Hawley, James and Williams, Andrew The Rise of Fiduciary Capitalism: How Institutional Investors Can Make Corporate America More Democratic.” Review of Radical Political Economics, 34, no. 1: 80-84. (Book review).

Popular Press

2022. Corporations are incentivized to keep wages low-worker cooperatives could help. Fast Company.