The Center for Political Economy was established in May, 1995. In the nineteenth century political economy was a thriving discipline. Ricardo's Principles of Political Economy and Taxation and Mill's Representative Government were written in the same disciplinary tradition. By the beginning of the twentieth century, economics and political science were emerging as separate disciplines that soon followed different intellectual paths.
This divergence has occurred at a time when markets are ever more linking the world's economies, when many countries are attempting to decentralized their political structures, when disparities in income distributions are widening, when environmental externalities are becoming ever more important, and consequently, at a time when the policy choices of a nation or region tend to impact on the economies and welfare of others.
The general purpose of the Center is to forge stronger links between the two disciplines as a way to better understand these emerging complexities and contribute to the resolution of problems therein.
The Center's founding members include faculty from two colleges and three departments, the Department of Political Science, the Department of Economics and the Department of Applied Economics. Two years of funding is provided from the University's Interdisciplinary Research and Post Baccalaureate Education Program which is administered by the Office of the Vice President for Research and Dean of the Graduate School.
The Center seeks to promote scholarship in political economy by linking more formally the ongoing teaching and research programs of faculty and graduate students in the area of economics, economic policy and governance.
Activities entail a proposal for the establishment of a Minor in Political Economy in the Graduate School, a seminar program designed to foster stronger linkages and provide increased synergism among faculty and graduate students, proposal(s) to seek external funding to strengthen our research program and relate it to political economy problem(s) of the time, the development of linkages with faculty in related programs, such as those in Public Affairs and Public Health, and to promote the Center and its activities to our peer institutions.
- Terry L. Roe, Professor & Director
Email: troe@umn.edu
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Members of Advisory Committee:
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- Department of Political Science; specifically
John Freeman
Diana Richards
Robert Holt
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- Department of Economics; specifically
Antonio Merlo
V.V. Chari
Tim Kehoe
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- Department of Applied Economics; specifically
Ford Runge
Jay Coggins
Funding: Graduate School
Bulletins from The Center for Political Economy
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