Selected Publications
Many of the journal articles below are available in fully open access format, as requested by my funders at the Economic and Social Research Council. Indeed, all of those for which I retain copyright on the post-print version can be accessed . This link takes you to WRAP, the institutional repository for the University of 糖心TV where staff members' journal articles are archived. Once on the WRAP homepage, you will need to use the search facility in the top right-hand corner of the page. However, it is best not to search for my name, as I am not the only Matthew Watson at 糖心TV, and this is actually likely to give you a list of publications for all the Matthews and all the Watsons who have ever deposited anything there. It is better to search using the titles of the articles, and then this should take you with just one more click to the text of the work in which you are interested.
My ESRC Professorial Fellowship project websiteLink opens in a new window contains additional information about everything that I have published via that project since 2013.
Single-Authored Books
False Prophets of Economics Imperialism: The Limits of Mathematical Market Models, Newcastle: Agenda and New York: Columbia University Press, 2024.
The Market, Newcastle: Agenda and New York: Columbia University Press, 2018.
Uneconomic Economics and the Crisis of the Model World, Basingstoke: Palgrave Macmillan, 2014.
The Political Economy of International Capital Mobility, Basingstoke: Palgrave Macmillan, 2007.
Foundations of International Political Economy, Basingstoke: Palgrave Macmillan, 2005.
Published and Forthcoming Articles in Peer-Refereed Academic Journals
'Epistemic Injustice in Budgetary Politics: A Response to Rachel Reeves's Mais Lecture', Political Quarterly, 95 (4), 2024, 583-586. DOI: 10.1111/1467-923X.13455.
''Let me tell you a story鈥: The Politics of Macroeconomic Models鈥, New Political Economy, 29 (6), 2024, 844-856. DOI: 10.1080/13563467.2024.2359964.
鈥楽hape-Shifters, Chameleons and Recognitional Politics: The Asset Management Industry and Financial Regulation鈥, Economy and Society, 2024, 527-555, with Huw Macartney and Fabian Pape. DOI: 10.1080/03085147.2024.2367330.
鈥楾he Place of Glasgow in The Wealth of Nations: Caught between Biography and Text, Philosophical and Commercial History鈥, History of Political Economy, 54 (5), 2022, 975-990. DOI: 10.1215/00182702-10005816.
'Decolonising the School Curriculum in an Era of Political Polarisation', London Review of Education, with Shahnaz Akhter, 20 (1), 2022, 1-7. DOI: https://doi.org/10.14324/LRE.20.1.27.
鈥楩inancialization, State Action and the Contested Policy Practices of Neoliberalism鈥, Competition and Change, with Craig Berry and Inga Rademacher, 26 (2), 2022, 215-219. DOI: 10.1177/10245294221086864/.
鈥楳ichael Gove鈥檚 War on Professional Historical Expertise: Conservative Curriculum Reform, Extreme Whig History and the Place of Imperial Heroes in Modern Multicultural Britain鈥, British Politics, 15 (3), 2020, 271-290. DOI: 10.1057/s41293-019-00118-3.
鈥楴ew Directions in the International Political Economy of Energy鈥, Review of International Political Economy, 26 (1), 2019, 1-24, with Caroline Kuzemko and Andrew Lawrence. DOI 10.1080/09692290.2018.1553796.
鈥楥rusoe, Friday and the Raced Market Frame of Orthodox Economics Textbooks鈥, New Political Economy, 23 (5), 2018, 544-449. DOI 10.1080/13563467.2017.1417367.
鈥楤rexit, the Left Behind and the Let Down: The Political Abstraction of 鈥榯he Economy鈥 and the UK鈥檚 EU Referendum鈥, British Politics, 13 (1), 2018, 17-30. DOI 10.1057/s41293-017-0062-8.
鈥楪eorge Osborne鈥檚 Machonomics鈥, British Politics, 12 (4), 2017, 536-554. DOI 10.1057/s41293-017-0059-3.
鈥楬istoricising Ricardo鈥檚 Comparative Advantage Theory, Challenging the Normative Foundations of Liberal IPE鈥, New Political Economy, 22 (3), 2017, 257-272. DOI: 10.1080/13563467.2016.1216535.
鈥楻ousseau鈥檚 Crusoe Myth: The Unlikely Provenance of the Neoclassical Homo Economicus鈥, Journal of Cultural Economy, 10 (1), 2017, 81-96. DOI: 10.1080/17530350.2016.1233903.
鈥The Great Transformation and Progressive Possibilities: The Political Limits of Polanyi鈥檚 Marxian History of Economic Ideas鈥, Economy and Society, 43 (4), 2014, 603-625.
鈥楻e-Establishing What Went Wrong Before: The Greenspan Put as Macroeconomic Modellers鈥 New Normal鈥, Journal of Critical Globalisation Studies, 7 (July), 2014, 80-101.
鈥楾he Welfare State Sources of Bank Instability: Displacing the Conditions of Welfare State Fiscal Crisis under Pressures of Macroeconomic Financialization鈥, Public Administration, 91 (4), 2013, 855-870.
鈥楴ew Labour鈥檚 鈥淧aradox of Responsibility鈥 and the Unravelling of its Macroeconomic Policy鈥, British Journal of Politics and International Relations, 15 (1), 2013, 6-22.
'The Eighteenth-Century Historiographic Tradition and Contemporary 'Everyday IPE'', Review of International Studies, 39 (1), 2013, 1-23.
'Desperately Seeking Social Approval: Adam Smith, Thorstein Veblen and the Moral Corruption of Commercial Society's Consumption-for-Show', British Journal of Sociology, 63 (3), 2012, 491-512.
鈥楩riedrich List鈥檚 Adam Smith Historiography and the Contested Origins of Development Theory鈥, Third World Quarterly, 33 (3), 2012, 459-474.
'Competing Models of Socially-Constructed Economic Man: Differentiating Defoe's Crusoe from the Robinson of Neoclassical Economics', New Political Economy, 16 (5), 2011, 609-626.
'The Contradictory Political Economy of UK Higher Education', Political Quarterly, 82 (1), 2011, 16-25.
'House Price Keynesianism and the Contradictions of the Modern Investor Subject', Housing Studies, 25 (3), 2010, 413-426.
'The Political Economy of the Sub-Prime Crisis: The Economics, Politics and Ethics of Response', New Political Economy, 15 (1), 2010, 1-7, with James Brassett and Lena Rethel.
''Habitation Versus Improvement' and a Polanyian Perspective on Bank Bail-outs', Politics, 29 (3), 2009, 183-192.
'Headlong into the Polanyian Dilemma: The Impact of Middle-Class Moral Panic on the British Government's Response to the Sub-prime Crisis', British Journal of Politics and International Relations, 11 (3), 2009, 422-437.
'Introduction to the Political Economy of the Sub-prime Crisis in Britain: Constructing and Contesting Competence', British Journal of Politics and International Relations, 11 (3), 2009, 377-381.
鈥業nvestigating the Potentially Contradictory Microfoundations of Financialization鈥, Economy and Society, 38 (2), 2009, 255-277.
鈥楪ordon Brown's Misplaced Smithian Appeal: The Eclipse of Sympathy in Changing British Welfare Norms鈥, Journal of Social Policy, 38 (2), 2009, 195-210.
'Planning for a Future of Asset-Based Welfare? New Labour, Financialized Economic Agency and the Housing Market', Planning, Practice and Research, 24 (1), 2009, 41-56.
鈥楾he Split Personality of Prudence in the Unfolding Political Economy of New Labour鈥, Political Quarterly, 79 (4), 2008, 578-589.
'Gordon Brown's Adam Smith Problem', Renewal: A Journal of Labour Politics, 16 (3), 2008.
鈥楥onstituting Monetary Conservatives via the 'Savings Habit': New Labour and the British Housing Market Bubble鈥, Comparative European Politics, 6 (3), 2008, 285-304.
'Euphoria, Risk and Corporate Scandal: Enron and the Commercial Corruption of Expertise within Financialised Capitalism', CSGR Working Paper, no. 255/08, 2008.
鈥楢ll at Sea in a Barbed Wire Canoe: Professor Cohen's Transatlantic Voyages in IPE鈥, Review of International Political Economy, 15 (1), 2008, 1-17, with Richard Higgott.
鈥楽earching for the Kuhnian Moment: The Black-Scholes-Merton Formula and the Evolution of Modern Finance Theory鈥, Economy and Society, 36 (2), 2007, 326-338.
鈥楾rade Justice and Individual Consumption Choices: Adam Smith鈥檚 Spectator Theory and the Moral Constitution of the Fair Trade Consumer鈥, European Journal of International Relations, 13 (3), 2007, 263-288.
'Off the Leash: Understanding the Dynamics of Capital Mobility in IPE', IPEG Papers in Global Political Economy, no. 31, 2007.
鈥楾owards a Polanyian Perspective on Fair Trade: Market-Bound Economic Agents and the Act of Ethical Consumption鈥, Global Society, 20 (4), 2006, 435-451.
鈥楤eyond 鈥楶rospective Accountancy鈥: Reassessing the Case for British Membership of the Single European Currency Comparatively鈥, British Journal of Politics and International Relations, 8 (1), 2006, 101-121, with Colin Hay and Nicola Smith.
鈥楬edge Funds, the Deutsche B枚rse Affair and Predatory Anglo-American Capitalism鈥, Political Quarterly, 76 (4), 2005, 516-528.
鈥榃hat Makes a Market Economy? Schumpeter, Smith and Walras on the Coordination Problem鈥, New Political Economy, 10 (2), 2005, 143-161.
鈥楨ndogenous Growth Theory: Explanation or Post Hoc Rationalisation for Policy?鈥, British Journal of Politics and International Relations, 6 (4), 2004, 543-551.
鈥楻icardian Political Economy and the 鈥榁arieties of Capitalism鈥 Approach: Specialisation, Trade and Comparative Institutional Advantage鈥, Comparative European Politics, 1 (2), 2003, 227-240.
鈥楾he Politics of Inflation Management鈥, Political Quarterly, 74 (3), 2003, 285-297.
鈥楾he Discourse of Globalisation and the Logic of No Alternative: Rendering the Contingent Necessary in the Political Economy of New Labour鈥, Policy and Politics, 30 (4), 2003, 289-305, with Colin Hay.
鈥楽and in the Wheels, or Oiling the Wheels, of International Finance? New Labour鈥檚 Appeal to a 鈥楴ew Bretton Woods鈥欌, British Journal of Politics and International Relations, 4 (2), 2002, 193-221.
鈥楾he Institutional Paradoxes of Monetary Orthodoxy: Reflections on the Political Economy of Central Bank Independence鈥, Review of International Political Economy, 9 (1), 2002, 183-196.
鈥楤ritain鈥檚 Financial System: Facilitator of, or Constraint on, the 鈥楴ew Economy鈥?鈥, New Economy, 9 (3), 2002, 171-176.
鈥楨mbedding the 鈥楴ew Economy鈥 in Europe: A Study in the Institutional Specificities of Knowledge-Based Growth鈥, Economy and Society, 30 (4), 2001, 504-523.
鈥業nternational Capital Mobility in an Era of Globalisation: Adding a Political Dimension to the 鈥楩eldstein-Horioka Puzzle鈥欌, Politics, 21 (2), 2001, 82-93.
鈥楿nderstanding Globalisation: Beyond the Conventional Wisdom鈥, Talking Politics, 13 (2), 2001, 91-96.
鈥楻ethinking Capital Mobility, Re-regulating Financial Markets鈥, New Political Economy, 4 (1), 1999, 55-75.
鈥楪lobalisation: 鈥楽ceptical鈥 Notes on the 1999 Reith Lectures鈥, Political Quarterly, 70 (4), 1999, 418-425, with Colin Hay.
鈥業n the Dedicated Pursuit of Dedicated Capital: Restoring an Indigenous Investment Ethic to British Capitalism鈥, New Political Economy, 3 (3), 1998, 407-426, with Colin Hay.