Profile:
Paulo dos Santos is Assistant Professor of Economics at the New School for Social Research.
My research program involves Classical Political Economy; Banking and Monetary Theory; and the role of Finance in Economic Development. Much of my current work inquires into the distinctive social and macroeconomic content of contemporary financial practices and relations. I am also interested in methodological issues in economic analysis, including the appropriate use and interpretation of mathematical formalisms.
Degrees Held:
PhD Economics, University of London
MSc Economics, London School of Economics
B.A. Economics, University of Maryland, College Park
B.S. Mathematics, University of Maryland, College Park
Recent Publications:
“The Principle of Social Scaling,” Complexity (2017)
“Better Than Cash, But Beware the Costs: Electronic Payments Systems and Financial Inclusion in Developing Countries,” Development and Change, with Ingrid Harvold Kvangraven (2017)
"The Distribution and Regulation of Tobin's q", Economic Letters, with Ellis Scharfenaker (2015).
"Not ‘wage-led’ versus ‘profit-led’, but investment-led versus consumption-led growth", Journal of Post-Keynesian Economics, (2015).
“A Note on Credit Allocation, Income Distribution, and the Circuit of Capital”, Metroeconomica, (2014)
“Distribución del crédito, rentabilidad y estabilidad”, Ensayos Económicos, Banco Central de la República Argentina, (2013).
“A Cause for Policy Concern: The Expansion of Household Credit in Middle-Income Economies”, International Review of Applied Economics, (2013).
“A Policy Wrapped in ‘Analysis’—The World Bank’s Case for Foreign Banks”, in K Bayliss, B Fine and E Van Waeyenberge (eds), The Political Economy of Development: The World Bank, Neoliberalism and Development Research, (Pluto, 2012)
“Option Pricing Models—A plurally heterodox note”, in J Toporowski and J Michell, Handbook of Critical Issues in Finance, (Edward Elgar Publishing, 2012)
“Production and Consumption Credit in a Continuous-Time Model of the Circuit of Capital”, Metroeconomica, (2011).
“On the Content of Banking in Contemporary Capitalism”, Historical Materialism, (2009).
“Globalization and Contemporary Banking: On the Impact of New Technology”, Contributions to Political Economy, (2008).