Dean and Professor of Economics
Albert and Vera List Academic Center
William Milberg is Dean and Professor of Economics at the New School for Social Research and Co-Director of the Heilbroner Center for Capitalism Studies at The New School. His research focuses on the relation between globalization, income distribution and economic growth, and the history and philosophy of economics. He teaches graduate courses in international trade, political economy, the history of economic thought, and a seminar on the methodology of economics. His undergraduate courses include “Understanding Global Capitalism” and “The Making of Economic Society.”
His most recent book (with Deborah Winkler) is Outsourcing Economics: Global Value Chains in Capitalist Development (Cambridge University Press). A previous book, The Crisis of Vision in Modern Economic Thought (Cambridge University Press) was co-authored with the late Robert Heilbroner. His paper with Peter Spiegler, “Methodenstriet 2013: Historical perspective on the contemporary debate over how to reform economics,” won the award for best paper of 2013 in the Forum for Social Economics.
PhD 1987, Rutgers University
"Implications of the Financial Crisis for Firm Innovation," with Nina Shapiro, (Journal of Post Keynesian Economics, 2014).
"Industrial Policy in the Era of Vertically Specialized Industrialization," with Xiao Jiang and Gary Gereffi, in Industrial Policy for Economic Development: Lessons from Country Experiences, edited by J. Salazar-Xirinachs and R. Kozul-Wright, (Palgrave Macmillan, 2014).
Outsourcing Economics: Global Value Chains in Capitalist Development, Cambridge University Press. 2013 (with Deborah Winkler).
"Does Industrial Upgrading Lead to Employment and Wage Gains?" with Thomas Bernhardt, Oxford Handbook of Outsourcing and Employment, A. Bardhan et al., Editors, (Oxford University Press, 2013).
"Methodenstreit 2013: Historical Perspective on the Current Debate Over How to Reform Macroeconomics," Forum for Social Economics, 2013 (prize for best article in the journal in 2012-2013).
"Bias in the 'Proportionality Assumption' Used in the Measurement of Offshoring," with Deborah Winkler, (World Economics, 2012).
"Industrial Upgrading and Vertical Specialization: A Preliminary Note," Working Paper No. 8, with Xiao Jiang, Capturing the Gains from Globalization, (University of Manchester, 2012)
"Classical and Neoclassical Theories of Offshore Outsourcing," with Deborah Winkler, in M. Trautwein, editor, Macroeconomics and Income Distribution: Essays in Honor of Harald Hageman, (Routledge, 2012).
"Actual and Perceived Effects of Offshoring on Economic Insecurity: The Role of Labor Market Regimes," with Deborah Winkler, in M. Jansen and M. Bacchetta, editors, Making Globalisation Socially Sustainable: A Joint ILO - WTO Volume, (WTO, 2011).
The Making of Economic Society, with Robert Heilbroner, 13th edition, (Prentice Hall, 2011).
"Economic and Social Upgrading in Global Production Networks: Problems of Theory and Measurement," with Deborah Winkler, (International Labour Review, 2011).
"After T-Bills and T-Shirts: China's Role in "High" and "Low" Fashion after the Global Economic Crisis," with Hazel Clark, (Research Journal of Textile and Apparel, 2011).
"Trade, Crisis, and Recovery: Restructuring Global Value Chains," with Deborah Winkler, in O. Cateneo et al., editors, Global Value Chains in the Economic Crisis and Recovery, (Palgrave Macmillan, 2010).
"Economic Insecurity in the New Wave of Globalization," with Deborah Winkler, (International Review of Applied Economics, 2010).
"Financialization and the Dynamics of Offshoring," with Deborah Winkler, (Cambridge Journal of Economics, 2010).
"Global Defeminization? Industrial Upgrading, Occupational Segmentation and Manufacturing Employment in Middle-Income Countries," with Sheba Tejani, (Schwartz Center for Economic Policy Analysis, The New School, April 2010).
Labor market effects of international trade and investment, economic and social upgrading in global value chains, outsourcing and financialization, the history and methodology of economics.
Intern. Econ Pol Analysis
Directed Dissertation Study
Ind Senior Project