Frederic Sterling Lee
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Frederic Sterling Lee (November 24, 1949 – October 23, 2014) was an American heterodox
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
. His primary theoretical contribution to
heterodox economics Heterodox economics is any economic thought or theory that contrasts with orthodox schools of economic thought, or that may be beyond neoclassical economics.Frederic S. Lee, 2008. "heterodox economics," '' The New Palgrave Dictionary of Economic ...
lies in the areas of pricing, price, production, costs, market competition, market governance, and the modeling the economy as a disaggregated, emergent whole. He was the founding editor of the
Heterodox Economics Newsletter
' (2004–09), the editor of the '' American Journal of Economics and Sociology'' (2009–13), the president of th
Association for Institutional Thought
(2012), the president of th
Association for Evolutionary Economics
(2015), and the founder and honorary life president of th
Association for Heterodox Economics
Lee authored and edited seventeen books, including ''Post Keynesian Price Theory'' (1998), ''A History of Heterodox Economics'' (2009), and ''Microeconomic Theory: A Heterodox Approach'' (2017). He published fifty-six articles and over a hundred book chapters, book entries, book reviews, and notes of one sort or another.


Biography

Lee was born in 1949 in
Nyack, New York Nyack () is a village located primarily in the town of Orangetown in Rockland County, New York, United States. Incorporated in 1872, it retains a very small western section in Clarkstown. It is a suburb of New York City lying approximately no ...
, and grew up in Virginia. His father, Sterling Lee, was a labor lawyer and his mother, Marian Burks Lee, was a politically active person. With this family background he was aware of progressive politics and civil and workers rights even in his early days. He went to Frostburg State College (Maryland, 1968–1972) and obtained a BA degree in history. While doing his undergraduate study, he was interested in philosophy and later in economics because he found that social questions in the 19th century were mainly examined by economists. After two years of working in Saudi Arabia (a supply clerk position with the Corps of Engineers in Riyadh), he returned to the United States and continued his study at Columbia University in New York City. In 1977 Fred Lee met Alfred S. Eichner who later became his “mentor, dissertation advisor, and friend.” He once noted that the “discovery of Eichner” was “the most important in my academic career.” With Eichner's encouragement and support, Fred Lee started his PhD study in economics at
Rutgers University Rutgers University (; RU), officially Rutgers, The State University of New Jersey, is a public land-grant research university consisting of four campuses in New Jersey. Chartered in 1766, Rutgers was originally called Queen's College, and was ...
in 1978, where he was taught by Alfred Eichner, Paul Davidson,
Jan Kregel Jan A. Kregel (born 19 April 1944) is an American post-Keynesian economist. Kregel has served since 2006 as Professor of Finance and Development at Tallinn University of Technology, Tallinn, Estonia. He is an adjunct professor at Johns Hopkins SA ...
, Nina Shapiro, and Alessandro Roncaglia, among others. After graduating from Rutgers University in 1983, he taught at University of California—Riverside (1981-1984),
Roosevelt University Roosevelt University is a private university with campuses in Chicago and Schaumburg, Illinois. Founded in 1945, the university was named in honor of United States President Franklin Delano Roosevelt and First Lady Eleanor Roosevelt. The unive ...
(Chicago, 1984–1990), Staffordshire Polytechnic (Stoke-on-Trent, UK, 1990–1991),
De Montfort University De Montfort University Leicester (DMU) is a public university in the city of Leicester, England. It was established in accordance with the Further and Higher Education Act in 1992 as a degree awarding body. The name De Montfort University was tak ...
(Leicester, UK, 1991–2000), and the University of Missouri—Kansas City (2000–2014).


Selected publications


Books

*
Microeconomic Theory: A Heterodox Approach
', authored by Frederic S. Lee, edited by Tae-Hee Jo, London: Routledge. 2018 *
Handbook of Research Methods and Applications in Heterodox Economics
', edited with Bruce Cronin, Edward Elgar. 2016. *
Marx, Veblen, and the Foundations of Heterodox Economics: Essays in Honor of John F. Henry
', edited with Tae-Hee Jo, London: Routledge. 2015 * ''Social Costs of Markets and Economic Theory'' (edited), Wiley-Blackwell, 2014. * ''Markets, Competition, and the Economy as a Social System'' (edited), Wiley-Blackwell, 2013 * ''In Defense of Post-Keynesian and Heterodox Economics: Responses to their critics'' (edited with Marc Lavoie), Routledge, 2012. * ''Social Provisioning, Embeddedness and Modeling the Economy'' (edited), Wiley-Blackwell, 2011. * ''Social, Methods, and Microeconomics: Contributions to doing economics better'' (edited), Wiley-Blackwell, 2011. * ''Evaluating Economic Research in a Contested Discipline: Ranking, pluralism, and the future of heterodox economics'' (edited with W. Elsner), Wiley-Blackwell, 2010. * ''A History of Heterodox Economics: Challenging the mainstream in the twentieth century'', Routledge, 2009. * ''Radical Economics and Labor: Essays Inspired by the IWW Centennial'' (edited with Jon Bekken), Routledge, 2009. * ''Post Keynesian Price Theory'', Cambridge University Press, 1998. Reprinted in paperback, November, 2006. * ''A Monetary Theory of Employment by Gardiner C. Means'' (edited with Warren Samuels), M. E. Sharpe, 1994. * ''Oxford Economics and Oxford Economists 1922–1971: Recollections of Students and Economists'' (edited), Bodleian Library, Oxford, 1993, (MS. Eng. c. 4819). * ''The Economics of P. W. S. Andrews: A Collection'' (edited with Peter E. Earl), Edward Elgar, 1993. * ''Oxford Economics and Oxford Economists'' (co‑authored with Warren Young), Macmillan, 1993. * ''The Heterodox Economics of Gardiner C. Means: A Collection'' (edited with Warren J. Samuels), M. E. Sharpe, 1992.


References


External links


Frederic S. Lee's website

Tributes in Memory of Frederic S. Lee

Frederic S. Lee Heterodox Economics Scholarship Fund

Fred Lee's Keynote Speech at the Association for Heterodox Economics 2014 Conference
, University of Greenwich, UK. July 2014.
Fred Lee's presentation at the International Post Keynesian Conference
, Kansas City, USA. September 2014.
Fred Lee's last lecture at the University of Missouri-Kansas City
April 24, 2014.
Heterodox Economics Newsletter

Heterodox Economics Directory
{{DEFAULTSORT:Lee, Frederic S. 1949 births 2014 deaths American economists Post-Keynesian economists