World Economics Association

World Economics Association
Abbreviation WEA
Formation 2011
Legal status Community interest company
Purpose Promoting diversity of approaches to economics
Website https://www.worldeconomicsassociation.org

The World Economics Association (WEA) is a professional association, launched in 2011, which promotes a pluralistic approach to economics.[1][2]

Its key principles include worldwide membership and governance, and inclusiveness towards the variety of theoretical perspectives and applications of economics. The WEA is registered under United Kingdom law as a non-profit community interest company.

The WEA publishes three open peer reviewed[3] open access academic journals: Economic Thought, World Economic Review, and real-world economics review.[3] It also publishes books,[4][5] has a bimonthly newsletter,[6][7] and hosts open access, online conferences.

According to its manifesto, the WEA is committed towards plurality (e.g. in methods and approaches), professional competence, relevance to the real world, diversity in membership, openness, outreach, ethical conduct, and global democracy.[8]

The WEA was initiated by Edward Fullbrook, Peter Radford, Norbert Häring, Grazia Ietto Gillies, Vicki Harris, and Valerie Radford. The idea for the organisation came from a 2010 paper by Edward Fullbrook, entitled “How to bring economics into the 3rd millennium by 2020”, which identified the need to reshape the profession of economics following the Great Recession.[9] [2]

In an article based on interviews with Fullbrook, Robert Johnson and others, Handelsblatt reported that more than 3,600 economists from 110 countries joined in the first ten days.[2] Early supporters (and members of the Executive Committee) included Steve Keen,[10] Dani Rodrik, James Galbraith, and Richard Koo.[2]

References

  1. Freeman, Alan (2016). "Chapter 32: First Tell No Untruth". In DeMartino, George; McCloskey, Deirdre. The Oxford handbook of professional economic ethics. Oxford University Press. p. 664. ISBN 9780199766635.
  2. 1 2 3 4 Storbeck, Olaf (26 May 2011). "Angriff auf das Establishment" [Attack on the Establishment]. Handelsblatt (in German). Retrieved 27 August 2016.
  3. 1 2 Ietto-Gillies, Grazia (2012). "The evaluation of research papers in the XXI century. The Open Peer Discussion system of the World Economics Association". Frontiers in Computational Neuroscience. 6: 54. doi:10.3389/fncom.2012.00054.
  4. "Economics". College Publications. Retrieved 29 August 2016.
  5. Klein, David (21 July 2015). "Capitalism, Green or Otherwise, Is 'Ecological Suicide'". Truthout. Retrieved 30 August 2016.
  6. "World Economics Association on Sovereign Money". Positive Money. Retrieved 28 August 2016.
  7. "World Economics Association launches its first newsletter". Retrieved 25 August 2016.
  8. "Manifesto". World Economics Association. Retrieved 25 August 2016.
  9. Fullbrook, Edward (2010). "How to bring economics into the 3rd millennium by 2020" (PDF). real-world economics review (54): 89–102. Retrieved 25 August 2016.
  10. Steve Keen. "What is the World Economics Association?". Retrieved 25 August 2016.
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