Anthony Aspromourgos
BEc Qld I MCom Melb I MA Chic. I PhD Syd. I FASSA
Professor

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+61 2 9351 3065 |
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Tony Aspromourgos is a graduate of the universities of Queensland, Melbourne, Chicago and Sydney. He has published extensively in international economic journals - including Australian Economic Papers, Oxford Economic Papers, and the Review of Political Economy - and is the author of On the Origins of Classical Economics: Distribution and Value from William Petty to Adam Smith, Routledge, London, 1996.
He is a Fellow of the Academy of Social Sciences in Australia and Co-editor of the History of Economics Review. Dr Aspromourgos also serves on the Editorial Board of the European Journal of the History of Economic Thought. His research interests include classical economics, long-period theory, and monetary economics.
Research Expertise
- History of Economic Thought
- Monetary Economics
Research Interests
- Classical economics
- History of economic thought
- Long-period theory
- Monetary economics
Publications
2011
Book Section/s
Aspromourgos A 2011 Forthcoming 'The Originator of Classical Economics: Some New Materials from the “Petty Papers” Archive, Relevant to the Beginnings of the Surplus Approach' in Sraffa and Modern Economics, ed. R. Ciccone, C. Gehrke and G. Mongiovi , Routledge, London, United Kingdom
Journal Article/s
Aspromourgos A 2011 ‘Adam Smith and the Division of Labour among the Social Sciences’, Review of Political Economy vol. 23 (no. 1): 81–94.
Aspromourgos A 2011 ‘Can (and Should) Monetary Policy Pursue a Zero Real Interest Rate, Permanently?’, Metroeconomica vol. 62 (no. 4): 635–55.
Aspromourgos A 2011 ‘Author’s Response: Tony Aspromourgos’s Response to Review by Jeffrey T. Young’, Adam Smith Review, vol. 6 (London: Routledge):352–58.
2010
Journal Article/s
Aspromourgos A 2010 'The Great Financial Crisis, the (Brief?) Revival of Keynesianism, and the Question of Public Debt', Australian Review of Public Affairs Digest, vol.3 September
Aspromourgos A 2010 'Warren Pat Hogan, 1929–2009', Economic Record, vol.86:June, pp. 289-93
Aspromourgos A 2010 'Warren Pat Hogan, 3 April 1929 – 17 December 2009: academic economist, adviser to business and government', History of Economics Review, vol.51:Winter, pp. 65-71
Aspromourgos A 2010 Forthcoming 'Book Review-D. Winch (2009) Wealth and Life: Essays on the Intellectual History of Political Economy in Britain, 1848–1914 (Cambridge: Cambridge University Press)', Journal of the History of Economic Thought, vol.32:3
Aspromourgos A 2010 'Book Review- T. McCormick (2009) William Petty and the Ambitions of Political Arithmetic (Oxford: Oxford University Press)', Irish Historical Studies, vol.37:May, pp. 130-1
Aspromourgos A 2010 Forthcoming 'Book Review-A. Sinha (2009) Theories of Value from Adam Smith to Piero Sraffa (London: Routledge)', European Journal of the History of Economic Thought, vol.32
Aspromourgos A , Rees D and White G 2010 'Public debt sustainability and alternative theories of interest', Cambridge Journal of Economics, vol.34:3, pp. 433-47
Aspromourgos A 2010 'Adam Smith and the Labour Contract: Is Labour Exchange Analogous to Commodity Exchange?', Economic and Labour Relations Review, vol.20:2, pp. 39-48
Aspromourgos A 2010 ''Universal opulence': Adam Smith on technical progress and real wages', European Journal of the History of Economic Thought, vol.17:5, pp. 1169-82
Conference Paper/s
Aspromourgos A 2010 'What Should Monetary Policy Do?, Sraffa's Production of Commodities 1960-2010 Conference, Rome, Italy, 5th December 2010
2009
Books
Aspromourgos A 2009 'The Science of Wealth: Adam Smith and the framing of political economy', Routledge, London and New York, pp. 396
Book Section/s
Aspromourgos A 2009 'Economic Science and the Left: thoughts on Sraffa's equations and the efficacy of organized labour' in Radical Economics and Labor: Essays inspired by the IWW Centennial, ed. F.S.Lee and J.Bekken, Routledge, London and New York, pp. 78-95
Journal Article/s
Aspromourgos A 2009 'Book Review - Adam Smith: a Moral Philosopher and His Political Economy', The European Journal of the History of Economic Thought, vol.16:2, pp. 392-7
Aspromourgos A 2009 'John Maynard Keynes and the Preservation of Liberal Capitalism', Australian Quarterly, vol.81:4, pp. 17-24
Aspromourgos A 2009 'There is No Alternative? The Financial Crisis and the Problem of Bail-Outs', Australian Quarterly, vol.81:1, pp. 4-9
Seminar Paper/s
Aspromourgos A 2009 'John Maynard Keynes on Liberal Capitalism (Podcast), Key Thinkers- Lecture Series- University of Sydney, Sydney, Australia, 5 August 2009
Newspaper Article/s
Aspromourgos A 2009 'Should Keynes Have a Seat at the G20 Table? The Case For', Australian Financial Review, pp. 28-9
2008
Book Section/s
Aspromourgos A 2008 'Neoclassical' in The New Palgrave Dictionary of Economics, ed. S.N. Durlauf and L.E. Blume, Palgrave Macmillian, Basingstoke, United Kingdom, pp. 877-8
Journal Article/s
Aspromourgos A 2008 'Social Science and Intellectual History', History of Economic Ideas, vol.16:3, pp. 100-03
Aspromourgos A 2008 'Review of H.D. Kurz and N. Salvadori (2007) Interpreting Classical Economics (London: Routledge)', European Journal of the History of Economic Thought, vol.15:2, pp. 355-359
Aspromourgos A 2008 'A Wealth of Notions', History of Economics Review, vol.48, pp. 95-100
Aspromourgos A 2008 'Demand and Smith’s Price Theory: A Rejoinder', History of Economic Ideas, vol.16:3, pp. 125-9
2007
Book Section/s
Aspromourgos A 2007 'Explanatory Note' in Plays, Poems, and Miscellaneous Writings Associated with George Villiers, Second Duke of Buckingham, ed. R Hume and H Love, Oxford University Press, Oxford, United Kingdom, pp. 597-598
Journal Article/s
Aspromourgos A 2007 'Adam Smith’s Treatment of Market Prices and Their Relation to “Supply” and “Demand”', History of Economic Ideas, vol.15:3, pp. 79-109
Aspromourgos A 2007 'Interest as an Artefact of Self-Validating Central Bank Beliefs', Metroeconomica, vol.58:4, pp. 514-535
Aspromourgos A 2007 'Adam Smith, Peace and Economics', Australian Quarterly, vol.79:5, pp. 12-18
Aspromourgos A2007 'Book Review - Consumption as Investment I. The Fear of Goods from Hesiod to Adam Smith - (Perrotta, C London Routledge 2004)', European Journal of the History of Economic Thought, vol.14:1, pp. 162-166
Aspromourgos A 2007 'Book Review - On Classical Economics (Sowell, T New Haven CT Yale University Press 2006)', European Journal of the History of Economic Thought, vol.14:1, pp. 167-171
2006
Book Section/s
Aspromourgos A 2006 'Aritmetica Politica' in Enciclopedia Filosofica, ed. V. Melchiorre , Bompiani, Milano, Italy, pp. 719-720
Aspromourgos A 2006 'Petty William' in Enciclopedia Filosofica, ed. V. Melchiorre , Bompiani, Milano, Italy, pp. 84-85
Journal Article/s
Aspromourgos A 2006 'The Uses of Fiscal Policy and the Role of Monetary Policy', Australian Review of Public Affairs Digest, vol.23 February
Aspromourgos A 2006 'Review of A. Roncaglia (2005) The Wealth of Ideas (Cambridge University Press)', Contributions to Political Economy, vol.25, pp. 127-28
Aspromourgos A 2006 'Value and Labour', History of Economics Review, vol.43, pp. 150-154
Aspromourgos A 2006 'Clive Hamilton and Social Democracy: a Premature Obituary?', Australian Quarterly, vol.78:4, pp. 25-29
2005
Journal Article/s
Aspromourgos A 2005 'The Invention of the Concept of Social Surplus: Petty in the Hartlib Circle', European Journal of the History of Economic Thought, vol.12:1, pp. 1-24
2004
Book Section/s
Aspromourgos A 2004 'The Functionless Investor: Keynes’s Euthanasia of the Rentier Revisited' in History and Political Economy: Essays in Honour of P.D. Groenewegen, Routledge, London, United Kingdom, pp. 217-235
Aspromourgos A and Lodewijks J 2004 'Introduction: the Historian of Economics as Archaeologist' in History and Political Economy: Essays in Honour of P.D. Groenewegen, Routledge, London, United Kingdom, pp. 1-15
Edited Book/s
Aspromourgos A and Lodewijks J 2004 'History and Political Economy: Essays in Honour of P.D.Groenewegen', Routledge, London, United Kingdom, pp. xviii+305
Journal Article/s
Aspromourgos A 2004 'Review of M. Psalidopoulos and M.E. Mata (eds.) (2002) Economic Thought and Policy in Less Developed Europe', European Journal of the History of Economic Thought, vol.11:4, pp. 649-52
Aspromourgos A 2004 'Sraffian Research Programmes and Unorthodox Economics', Review of Political Economy, vol.16:2, pp. 179-206
Aspromourgos A 2004 'Review of H.D. Kurz and N. Salvadori (2003) Classical Economics and Modern Theory: Studies in Long-Period Analysis (London: Routledge)', History of Economic Ideas, vol.12:1, pp. 178-182
Aspromourgos A 2004 'Review of J.E. Alvey (2003) Adam Smith: Optimist or Pessimist? A New Problem Concerning the Teleological Basis of Commercial Society (Aldershot UK: Ashgate)', History of Economic Ideas, vol.12:1, pp. 161-165
2002
Journal Article/s
Aspromourgos A 2002 'Comment on 'Fiscal Policy and the Job Guarantee'', Australian Journal of Labour Economics, vol.5:2, pp. 261-263
Aspromourgos A 2002 'Commercial Publishers, Again', History of Economics Review, vol.35, pp. 118-119
Conference Paper/s
Aspromourgos A 2002 ''The Functionless Investor': Keynes's Euthanasia of the Rentier Revisited, 15th History of Economic Thought Society of Australia Conference, Armidale, NSW, Australia, 1st January 2002-31st December 2002
Aspromourgos A 2002 ''The Functionless Investor': Keynes's Euthanasia of the Rentier Revisited, European Society for the History of Economic Thought Annual Conference, Crete, Greece, 1st January 2002-31st December 2002
Aspromourgos A 2002 ''The Functionless Investor': Keynes's Euthanasia of the Rentier Revisited, British History of Economic Thought Conference, University of Stirling, Scotland, United Kingdom, 1st January 2002-31st December 2002
2001
Book Section/s
Aspromourgos A 2001 'Political Economy, Political Arithmetic and Political Medicine in the Thought of William Petty' in Physicians and Political Economy: Six studies of the work of doctor-economists, ed. P.D. Groenewegen, Routledge, London and New York, United Kingdom, pp. 10-25
Journal Article/s
Aspromourgos A 2001 'The Mind of the Oeconomist: an overview of the "Petty Papers" archive', History of Economic Ideas, vol.9:1, pp. 39-101
Aspromourgos A 2001 'Is labour cheapening a means to reducing Involuntary (Labour) unemployment?', History of Economics Review, vol.34, pp. 7-18
2000
Journal Article/s
Aspromourgos A 2000 'Historical Scholarship and Publication, or - Why Do Commercial Publishers Exist?', History of Economics Review, vol.32, pp. 1-9
Aspromourgos A 2000 'Review of T.W. Hutchison (ed.) - The Collected Works of Sir William Petty', Contributions to Political Economy, vol.19, pp. 91-97
Aspromourgos A 2000 'New Light on the Economics of William Petty (1623-1687): Some findings from previously undisclosed manuscripts', Contributions to Political Economy, vol.19, pp. 53-70
Aspromourgos A 2000 'Review of R. Tortajada (ed.) - The Economics of James Steuart', European Journal of the History of Economic Thought, vol.7:2, pp. 311-314
Aspromourgos A 2000 'Is an Employer-of-Last-Resort Policy Sustainable? A Review Article', Review of Political Economy, vol.12:2, pp. 141-155
1999
Book Section/s
Aspromourgos A and Groenewegen P 1999 'The Notion of the Subsistence Wage in Pre-Smithian Classical Political Economy: some reflections' in Value, Distribution and Capital: Essays in honour of Pierangelo Garegnani, ed. Gary Mongiovi and Fabio Petri, Routledge, London and New York, United Kingdom, pp. 181-203
Journal Article/s
Aspromourgos A 1999 'What is classical economics?', History of Economics Review, vol.30, pp. 159-168
Aspromourgos A 1999 'An early attempt at some mathematical economics: William Pettys 1687 algebra letter', Journal of the History of Economic Thought, vol.21:4, pp. 399-411
Aspromourgos A 1999 'Open-Economy IS-LM - with Monetary Policy Conducted Via an Interest Rate Instrument', Economic Papers, vol.18:1, pp. 33-41
1998
Book Section/s
Aspromourgos A 1998 'Petty, William' in The Elgar Companion to Classical Economics, ed. H.D. Kurz and N. Salvadori, Elgar, Aldershot, United Kingdom, pp. 195-198
Aspromourgos A 1998 'Steuart, James' in The Elgar Companion to Classical Economics, Elgar, Aldershot, Australia, pp. 418-422
1997
Journal Article/s
Aspromourgos A 1997 'Cantillon on Real Wages and Employment: A rational reconstruction of the significance of land utilization', European Journal of the History of Economic Thought, vol.4:3, pp. 417-443
Aspromourgos A 1997 'Intellectual History, Intellectual Modesty', Academy of the Social Sciences in Australia Newsletter, vol.16:1, pp. 5-8
Aspromourgos A 1997 'Keynes on Wage Flexibility and the Australian Wages System', Australian Economic Papers, vol.36:68, pp. 114-126
1996
Book Section/s
Aspromourgos A 1996 'On the origins of classical economics: Distribution and value from William Petty to Adam Smith' in Studies in the History of Economics, Routledge, London and New York, United Kingdom, pp. xviii+222
1995
Book Section/s
Aspromourgos A 1995 'The Trade Deficit, the Current Account Deficit and Stabilizing the Growth of Foreign Liabilities' in Evatt Foundation, Unions 2001: A Blue Print for Trade Union Activism, Evatt Foundation, Sydney, NSW, Australia, pp. 351-352
Journal Article/s
Aspromourgos A 1995 'Review of H.-S. Yang - The Political Economy of Trade and Growth: An Analytical Interpretation of Sir James Steuarts Inquiry', History of Economics Review, vol.23, pp. 145-150
Aspromourgos A 1995 'Review of H.D. Kurz and N. Salvadori - Theory of Production: a Long-Period Analysis', History of Economics Review, vol.24, pp. 123-127
Conference Paper/s
Aspromourgos A 1995 'The Green Paper in the Wider Context of Employment Policy: An Overview, The Pursuit of Full Employment in the 1990s, Sydney, NSW, Australia, 1st January 1995-31st December 1995
Conference Proceeding/s
Aspromourgos A 1995 'The Pursuit of Full Employment in the 1990s: Proceedings of a Symposium', The Pursuit of Full Employment in the 1990s, Sydney, NSW, Australia, 1st January 1995-31st December 1995
Internal Working Paper/s
Aspromourgos A 1995 'Cantillon on Real Wages and Employment: A Rational Reconstruction of the Significance of Land Utilization', Department of Economics, University of Sydney, Sydney, NSW, Australia
1994
Internal Working Paper/s
Aspromourgos A 1994 'Keynes on the Australian Wages System', Department of Economics, University of Sydney
1993
Journal Article/s
Aspromourgos A 1993 'Review of A. Brewer - Richard Cantillon: Pioneer of Economic Theory', European Journal of the History of Economic Thought, vol.1:1, pp. 169-172