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.

Course Information

CCS 128: Cultivating Critique
CCS163/FND 151: What is Work?
CNX 237: What Work Is.
ECO 103: Economic Perspectives
ECO 105: Introduction to Microeconomics
ECO 210: Economic Statistics
ECO 370: Financial Crisis
ECO 303: Marxian Crisis
ECO 371: Capitalism, Crisis & Covid
ECO 373: Understanding Your Work

Individualized Student Engagements 

(recent list)

Bo Williams, ECO 490 (2021 Spring); Shubh Punj, IFC 499 (2021 Spring); Ginny Yu, IFC 499 (2021 Spring);  Shubh Punj, IFC 299 (2019 Spring); Shubh Punj, IFC (2018 Fall), Sally Qian, IFC 399 (2018 Summer); Ginny Yu, IFC 399 (2018 Summer); Jabari Benjamin, ECO 390 (2018 Spring)