HERMAN SCHWARTZ

Department of Politics

PO Box 400787
University of Virginia
Charlottesville VA 22904-4787

434 924 7818
434 924 3359 fax

e-mail: Schwartz [at] virginia.edu
http://www.people.virginia.edu/~hms2f
current as of:  20 October 09

WORK:

 

EDUCATION:

 

 

PUBLICATIONS:
Books:

  • Subprime Nation:  American Power, Global Finance and the Housing Bubble, Cornell University Press, 2009
  • The Politics of Housing Market Booms and Busts, (co-editor:  Leonard Seabrooke).  Palgrave, 2009 (Introduction [with LS], US chapter, crisis chapter, conclusion [with LS])
  • Crisis, Miracles, and Beyond:  Negotiated Adaptation of the Danish Welfare State, (co-editors:  Erik Albæk, Leslie Eliason, Asbjørn Sonne Nørgaard).  Aarhus University Press, 2008
  • Employment ‘Miracles’:  A Critical Comparison of the Dutch, Scandinavian, Swiss, Australian and Irish cases versus Germany and the US, (co-editor:  Uwe Becker).  University of Amsterdam Press/Chicago, 2005 (Introduction [730kb] and one substantive chapter [250kb]; the beautiful cover [1.3mb])
  • States vs. Markets: The Emergence of a Global Economy

o       3rd, revised edition: London, Palgrave, 2009

o       Chinese Translation, Peking University Press, 2009

o       Japanese Translation (as: The Global Market, 2 vols.), Bunshindo, 2001

o       2nd, revised edition: London: Palgrave, and New York: St. Martin’s Scholarly, 2000

o       1st edition: States vs. Markets: History, Geography, and the Development of the International Economy, New York: St Martin’s Press, 1994

  • In the Dominions of Debt:  Historical Perspectives on Dependent Development. Ithaca: Cornell University Press, 1989

 

 

Articles / Chapters:
Peer reviewed

  • “Small States on the Runway:  Models, Fashions and Fads in Political Science,” European Political Studies forthcoming 2010 PDF c. January 2010
  • “Iceland’s Financial Iceberg: Why Leveraging up is a Titanic Mistake without a Reserve Currency,” European Political Studies forthcoming 2010 PDF c. January 2010
  • Co-edited (with Leonard Seabrooke) ‘Special Issue:  The Political Consequences of Property Bubbles,’ Comparative European Politics 6:3, September 2008
    • “Varieties of Residential Capitalism in the International Political Economy:  Old Welfare States and the New Politics of Housing,” (with Leonard Seabrooke) Comparative European Politics 6:3, September 2008, pp. 237-261 PDF (192 kb)
    • “Housing, Global Finance and American Hegemony:  Building Conservative Politics One Brick at a Time,” Comparative European Politics 6:3, September 2008, pp. 262-284  PDF (164 kb)
  • “Dependency or Institutions?  Economic Geography, Causal Mechanisms and Logic in Understanding Development,” Studies in Comparative International Development 42:1, May 2007, pp.  115-135  PDF (380 kb)
  • “Explaining Australian Economic Success:  Good Policy or Good Luck?” Governance 19:2, April 2006, pp. 173-205 PDF (270 kb)
  • “ ‘Economic Rationalism’ In Canberra and Canada:  Public Sector Reorganization, Politics, and Power,” Australian Economic History Review, 43:1, March 2003, pp. 45-65 PDF (104kb)
  • “Hobson’s Voice:  American Internationalism, Asian Development, and Global Macro-economic Imbalances,” Journal of Post-Keynesian Economics 25:2, Winter 2002-2003, pp. 331-351 PDF only (77kb)
  • “The Danish ‘Miracle’: Luck, Pluck or Stuck?" Comparative Political Studies 34:2, March 2001, pp. 131-155 PDF (300 kb)  (& the longer SASS version)
  • “Social Democracy Going Down vs. Social Democracy Down Under? Institutions, Internationalized Capital, and Indebted States,” Comparative Politics 30:3 April 1998, pp. 253-272 PDF (468 kb)
  • “Reinvention and Retrenchment: Lessons from the Application of the New Zealand Model to Alberta, Canada,” Journal of Policy Analysis and Management 16:3, Summer 1997, pp. 205-232 PDF (500 kb)
  • “Antinomies of Autonomy: Global Markets, Governance Structures and Policy Options in [Peter Evans’] Embedded Autonomy,” Political Power and Social Theory 10, 1996, pp. 283-293 PDF (1330 kb)
  • “Small States in Big Trouble: The Politics of State Reorganization in Australia, Denmark, New Zealand and Sweden in the 1980s,” World Politics 46:4, July 1994, pp. 527-555 PDF (730 kb)
  • “Public Choice Theory and Public Choices: Bureaucrats and State Reorganization in Australia, Denmark, New Zealand, and Sweden,” Administration & Society 26:1, May 1994, pp. 48-77 PDF (1330 kb)
  • “Can Orthodox Stabilization and Adjustment Work? Lessons from New Zealand, 1984-1990,” International Organization 45:2, Spring 1991, pp. 221-256 PDF (3730 kb)
  • “Foreign Creditors and the Politics of Development in Australia and Argentina 1880-1913,” International Studies Quarterly 33:3, September 1989, pp. 281-301 PDF (2800 kb)

 

Chapters in reviewed books

  • “Finance and the State in the Housing Bubble,” ch. X in Manuel Aalbers, ed., Subprime Cities: The Political Economy of Mortgage Markets, Wiley/Blackwell, forthcoming 2010 PDF (xyz kb)
  • “Property Bubbles, Housing Provision and Welfare State Reorganization in the United States and Europe,” ch. 15 in Joseph Cordes and Christian Toft, eds., Welfare State Reform in the United States and the European Union - Policy Choices and the Constitution of the New Welfare Society, New York:  Oxford University Press, 2010 PDF (xyz kb)
  • “American Hegemony Before and After the Financial Crisis,” ch. X in Martijn Konings, ed., Beyond the Subprime Headlines: Critical Perspectives on the Financial Crisis, London: Verso, 2010 PDF (xyz kb)
  • “Varieties of Residential Capitalism in the International Political Economy,” (co-author Leonard Seabrooke) in Herman Schwartz and Leonard Seabrooke, eds., The Politics of Housing Booms and Busts, Palgrave, 2009 PDF (192 kb)
  • “Housing, Global Finance, and American Hegemony: Building Conservative Politics One Brick at a Time,” in Herman Schwartz and Leonard Seabrooke, eds., The Politics of Housing Booms and Busts, Palgrave, 2009 PDF (165 kb)
  • “Origins and Global Consequences of the US Subprime Crisis,” in Herman Schwartz and Leonard Seabrooke, eds., The Politics of Housing Booms and Busts, Palgrave, 2009 PDF (xyz kb)
  • “Conclusion:  Residential Capitalism and the International Political Economy,” (co-author Leonard Seabrooke) in Herman Schwartz and Leonard Seabrooke, eds., The Politics of Housing Booms and Busts, Palgrave, 2009 PDF (xyz kb)
  • “Housing Finance, Growth, and the US Dollar’s Past and Future,” ch. 5 in Eric Helleiner and Jonathan Kirshner, eds., The Future of the US Dollar, Ithaca:  Cornell University Press, 2009 PDF (350 kb)
  • “Immigrants and State-building:  Why so Many Mafias?” ch. 4 in Richard Friman, ed., The International Political Economy of Crime, Boulder, CO:  Lynne Rienner, 2009 PDF (146 kb)
  • “Conclusion” in Erik Albæk, Leslie Eliason, Asbjørn Sonne Nørgaard and Herman Schwartz, eds., Crisis, Miracles, and Beyond:  Negotiated Adaptation of the Danish Welfare State, Aarhus University Press, 2008 PDF version coming soon (xyz kb)
  • “The Australian Miracle:  Luck, Pluck, or Just being Stuck Down Under?” pp. 157-182 in Uwe Becker and Herman Schwartz, eds., Employment ‘Miracles’:  A Critical Comparison of the Dutch, Scandinavian, Swiss, Australian and Irish cases versus Germany and the US, University of Amsterdam Press/Chicago, 2005
  • “The Long(term) and the Short(term) of the Asian Financial Crises,” pp. 103-136 in Roy Starrs, ed., Nations under Siege:  Globalisation and Nationalism in Asia, London:  Palgrave, 2002 PDF version (101 kb)
  • “Round up the Usual Suspects! Globalization, Domestic Politics and Welfare State Change,” pp. 17-44 (ch. 1) in Paul Pierson, ed., New Politics of the Welfare State, Oxford: Oxford University Press, 2001 PDF (234 kb)
  • “Internationalization and Two Welfare States: Australia and New Zealand,” pp. 69-130 in Fritz Scharpf and Vivian Schmidt, eds, Welfare and Work in the Open Economy, Vol. II: Diverse Responses to Common Challenges, Oxford: Oxford University Press, 2000 PDF (6858 kb)
  • “Cutback Budgeting” pp. 529-547 in Roy Meyers, ed., Handbook of Government Budgeting, San Francisco: Jossey Bass, 1998 (with James Savage) PDF (2057 kb)

 

Invited chapters

  • “Political Economy of the International Financial Crisis, 2007-08” Internasjonal Politikk 2009 (in Norwegian) PDF (192 kb)
  • “Globalization:  The Long View,” ch 4 in Richard Stubbs and Geoffrey Underhill, Political Economy and the Changing Global Order, Basingstoke:  Palgrave, 2005 PDF (154kb)
  • “Globalisation / Welfare:  What’s the Preposition?  And, Or, Versus, With?” Social Policy Review 15, July 2003, pp. 71-90 PDF only (60kb)
  • “Globalization, Social Protection and Sociology: Old Problems in a New World Order?” in M. Alexander, et al. (eds), Refashioning Sociology: Responses to a New World Order, Brisbane: QUT Press, 1999
  • “Hegemony, International Debt, and International Economic Instability,” pp. 214-234 in Chronis Polychroniou, ed., Current Perspectives and Issues in International Political Economy, New York:  Praeger, 1992 PDF (120kb)

 

Book reviews: (last eight years only)

  • J. Frieden, Global Capitalism:  Its Fall and Rise in the Twentieth Century, Globalizations September 2009
  • A. Amsden, Escape from Empire, Perspectives on Politics September 2009
  • R. Sennett, The Culture of the New Capitalism, American Journal of Sociology 114:4, January 2009
  • S. Hansen,  Globalization and the Politics of Pay:  Policy Choices and American States, Perspectives on Politics 4:4, December 2006
  • L. Weiss, States in the Global Economy:  Bringing Domestic Institutions Back In, International Studies Review 6, Winter 2004
  • M. Guillén, The Limits of Convergence:  Globalization and Organizational Change in Argentina, South Korea and Spain, Governance 16:1, January 2003
  • S. Goldfinch, Remaking New Zealand and Australian Economic Policy:  Ideas, Institutions and Policy Communities, Journal of Politics 64:4, November 2002
  • T. Iversen, Contested Economic Institutions, American Political Science Review 94:2, June 2000

 

Review essays:

  •  “The East is in the Red:  From Economic Miracle to Economic Crisis in East and Southeast Asia,” New Zealand Journal of Asian Studies 3:2, December 2001, pp. 198-205. 
    • Boomgaard and Brown, eds, Weathering the Storm:  The Economies of Southeast Asia in the 1930s Depression
    • Islam and Chowdhury, Political Economy of East Asia
    • Masayuma, Vandenbrink and Yue, eds, Restoring East Asia’s Dynamism
    • Phongpaichit and Baker, Thailand’s Crisis
  • “Free Market Experiments in the Laboratory of Democracy: The Long Decade of Policy Reform in New Zealand,” Australian Journal of Public Administration 58:2, June 1999, pp. 121-124.  
    • C. Cheyne, M. O’Brien, and M. Belgrave, Social Policy in Aotearoa New Zealand
    • P. Dalziel and R. Lattimore, The New Zealand Macroeconomy: A Briefing on the Reforms
    • B. Easton, The Commercialization of New Zealand
    • R. Mascarenhas, Government and the Economy in New Zealand
    • R. Miller, ed., New Zealand Politics in Transition
    • G. Palmer and M. Palmer, Bridled Power: New Zealand Government under MMP

 

earlier reviews in:  American Journal of Sociology (Suter), American Political Science Review (Jacobson, Capling, Weitzer); Australian Journal of Sociology (Weiss), Comparative Political Studies (Rueschemeyer); National Political Science Review (Nivola, Gereffi); Politica (Davidson); Political Science Quarterly (McCarthy, Maxfield,); Science and Society (Amsden, Deyo, Haggard)

 

Op-Eds:

 

FELLOWSHIPS / GRANTS:

  • Bankard Political Economy Fellowships, Summer & Fall 1993, Summer 1998, Summers 2007-08
  • Sesquicentennial Fellowships. University of Virginia, Fall 1991, Fall 2001, Fall 2007
  • Mellon Foundation Sawyer Seminar Grant, AY 2002-2003 ($107,000)
  • Fulbright-University of Calgary Chair in North American Studies, Fall 1999
  • Institute for Humane Studies Social Change Research Grant 1997
  • Canadian Studies Research Grant, 1996/1997
  • Summer Research Fellowships. University of Virginia, 1990, 1991, 1992, 1995, 1996
  • Fulbright Fellowship. University of Aarhus, Denmark, Spring 1990
  • NEH Summer Stipend, Summer 1988
  • Herbert Lehman Fellow. New York Higher Education Services Commission, AY 81/2-84/5
  • A D White Fellow and Sage Continuing Fellow. Cornell University, AY 81/2-83/4
  • Hannah Leedom Fellow. Swarthmore College, AY 81/2

 

RECENT (8 years) CONFERENCE ACTIVITY:

  • “Political Ramifications of the Global Financial Crisis,” roundtable, American Political Science Association annual meeting, Toronto, September 2009
  • “Race to the SWF?” International Studies Association annual meeting, New York, February 2009
  • “Homes Alone?  Housing Finance Markets and Differential Growth,” American Political Science Association annual meeting, August 2008
  • “The Subprime Bubble and Crisis in Financial Capitalism,” Res Publica conference Sømarka (Oslo) Norway, April 2008 (helped organize conference, plus 2 papers)
  • “Will the Dollar Remain a Reserve Currency?” International Studies Association annual meeting, San Francisco, March 2008 (chaired this panel)
  • “All Dollar Politics are Local:  Housing and the Domestic Consequences of the Dollar’s Global Dominance,” at The Future of the US Dollar, Ithaca NY, October 2007.
  •  “International Migration, Capital Flows, and International Organized Crime,” International Studies Association annual meeting, March 2007
  • “Capitalism and the State:  What’s New?” roundtable, International Studies Association annual meeting, March 2007
  • “American Hegemony, Global Capital Flows, and Local Housing Markets:  Building Conservative Politics One Brick at a Time,” International Studies Association annual meeting, March 2007 (chaired this panel)
  • “Critical Perspectives on International Political Economy,” roundtable, British International Studies Association annual meeting, December 2006
  • “Debt and Power: Is America's Global Financial Hegemony Sustainable?” Rethinking Marxism, Amherst MA, 20-22 October 2006
  • “Law and Economics,” Program on Politics and Economics, George Mason University Law School, 18-24 June 2006
  • “International Migration, Capital Flows, and International Organized Crime,” Workshop on International Organized Crime, Marquette University, 11-12 May 2006
  • Discussant, International Studies Association annual meeting, March 2006
  • “An Appraisal of the Modern Firm,” Atlas Economic Research Foundation, George Mason University Law School, January 2006.
  • “Mann, the State, and Crime:  Why are Immigrant Communities so Often Associated with Mafias?” International Studies Association annual meeting, March 2005 (discussed two other sessions, also)
  • “Ties that Bind:  The Macroeconomic Basis for American Hegemony,” American Political Science Association annual meeting, September 2004 (chaired this panel, also)
  • “Was Dependency Theory Just an Underspecified Economic Geography?” International Studies Association annual meeting, March 2004 (discussed another session also)
  • “Intellectual Lineages of the Developmental State,” International Studies Association/South annual meeting, October 2003
  • “Down the Wrong Path:  What’s Wrong with Theories of Path Dependence,” American Political Science Association annual meeting, August 2003 (chaired this panel, also)
  • “Max Weber and the Developmental State,” International Studies Association annual meeting, February 2003  (discussed another session also)
  • “Hobson’s Voice:  American Internationalism, Asian Development, and Global Macro-economic Imbalances,” International Studies Association annual meeting, March 2002  (discussed another session also)
  • Conference Co-organizer:  Miracles or Mirages:  Employment, Exports and Equity in the Small Open Economies, Amsterdam, January 2002
  • “East Asia and Latin America:  Converging or Diverging Trade Patterns?”  Latin American Studies Association annual meeting, September 2001
  • “Down the Wrong Path?  What thinking about Markets as Ecologies Tells Us about Path Dependence,” Beyond Markets Conference, Princeton University, September 2000
  • Also papers were presented in various forms at (C = chaired that panel; D = discussant for another): APSA 1989, 1990, 1992, 1995, 1996(C), 1997, 1998, 2001(C); ASANA 1997; ISA 1996(C), 1998, 2000 (C/D), 2001 (C/D); NEPSA 1987, 1988, 1993(C+D); CES 1992, 2000; SASS 1994, 1996, 1999.

 

RECENT (8 years) INVITED LECTURES

  • “The Geo-economics of the Global Financial Crisis,” Naval War College, Newport RI, 19 October 2009
  • Lectures on “Subprime Nation” at University of Florida (June 2009), University of Frankfurt, University of Dusseldorf, Free University of Amsterdam, Warwick University (UK) and University of Copenhagen, July 2009
  • Keynote Address, “The Housing-Finance Crisis and the Small States,” at “The Future of Iceland in the Community of Nations,” University of Iceland, May 2009
  • “Subprime Nation? American Power, Global Capital and the Housing Bubble,” Tulane IPE lecture series, New Orleans, 12 November 2008
  • “An International Perspective on the Housing Bubble,” University of Illinois, Champaign-Urbana, 27 October 2008
  • “American Arbitrage in Global Capital Markets,” Rockefeller School, SUNY Albany, 5 February 2008
  • “Global Capital Flows,” Americans for Informed Democracy Scholar in Residence lecture, Washington & Lee University, 5 July 2006
  • “American Arbitrage in Global Capital Markets,” Maxwell School, Syracuse University, 17 February 2006
  • Keynote Address, “Globalization in the Long Run,” at United Nations Development Program and Viet Nam Academy of Social Sciences conference, “20 Year Review of Doi Moi,” Hanoi, Vietnam, 15-16 December 2005
  • “Globalization and National Policy Choices,” Brandeis University, 5 December 2005
  • “Economic Girlie-Men or Real Cassandras?  America’s Foreign Debt, Hegemony, and Macro-economic Stability,” Temple University 15 September 2004 & University of California, Santa Cruz 29 October 2004
  • “Miracles or Mirages:  Housing Markets and Employment Revival in Europe,” University of Florida, 29 January 2004
  • “Rent Seeking, Income and Power in Late Industrialization,” George Washington University, 24 October 2003
  • “What’s New about the New Politics of Welfare?” at Social Old Europe? New Values, New Politics and New Policies of Welfare and Work, Centre for European and North American Studies, Georg-August University, Goettingen, Germany, July 21-24, 2003.
  • “Globalization / Welfare:  What’s the Preposition?  And, or, versus, with?”  Catholic University Nijmegen (KUN), Netherlands, 6 December 2002
  • “Path Dependence and Collective Action; or, the Long Road to Find Mechanisms” UC Berkeley Center for German and European Studies, 15 April 2002
  • “Globalization and Europe’s Public Sector,” Center for Arts and Humanities annual conference, University of Georgia, Athens GA, February 2002
  • “Still the Century of American Inspired Corporatism?” University of Amsterdam, January 2002

 

Older Keynotes:

  • Keynote Address, “Three New Zealand Debt Crises... and one more to come?” New Zealand History Association annual conference, Hamilton, New Zealand, 3 December 1999
  • Keynote Address, “The Long (term) and Short (term) of the Asian Financial Crises,” New Zealand-Asia Society annual conference, Dunedin, New Zealand, 26 November 1999
  • Keynote Address, “Globalization, Social Protection and Sociology: Old Problems in a New World Order?” Australian Sociological Association annual conference, Brisbane Australia, 2-4 December 1998

 

 

MISCELLANEOUS:

Administrative:

President of International Political Economy section of the International Studies Association, 1997/98

Vice President and 1997 Program Chair of IPE section of ISA, (60 panels)

UVa Academic Liaison to Atlantic Council of the United States

 

Manuscript reviews (books):

Cambridge University Press, Cornell University Press, Longman (Addison Wesley), Lynne Rienner, McGraw-Hill, Oxford University Press, Palgrave/MacMillan (editorial board, Palgrave Studies in International Relations), Peking University Press Comparative Political Economy Series Editorial Board, Penn State University Press, Princeton University Press, St. Martin's Press, SUNY Press, University of British Columbia Press, University of Chicago Press, University of Toronto Press, Yale University Press

Manuscript reviews (articles):

Administration and Society, Australian Journal of Political Science (editorial board 2003-04), Comparative Political Studies, Comparative Politics, Comparative Social Policy, Global Governance, Governance, International Organization, International Studies Perspectives, International Studies Quarterly,  Journal of International Relations and Development Journal of Policy History, Journal of Public Policy, Millennium, National Political Science Review, Political Power and Social Theory, Regulation and Governance, Review of International Political Economy, Scandinavian Political Studies, Social Politics, Socio-Economic Review, Sociological Perspectives, Studies in American Political Development, World Politics; Editor of the IPE Yearbook Series (with Alan Cafruny), Lynne Rienner Press, 2010-2014

Grant Reviews, etc:  American Council of Learned Societies, CERG (Hong Kong), Economic and Social Research Council (UK), Israel Science Foundation, Marsden Society (New Zealand), Follett Prize committee of History and Politics section of APSA, Leonard D White (Public Administration) Dissertation Prize Committee of APSA, SWIPE Mentor Award 2007

 

Media:  WGBH (Boston NPR); WHRV (Va. NPR); Australian Broadcasting Co Radio (i.e. Australia’s NPR); Al Jazeera; Rotary International; BBC World at One

 

Dissertation supervision (chair only, chronological order): (Name, initial position, title of dissertation if published, publisher)

§         Steven Collins, Assoc. Prof., University of Washington (Bothell Technology Campus) The Race to Commercialize Biotechnology (Routledge)

§         Janet Adamski, Asst. Prof., Baylor University

§         Mine Eder, Assoc. Prof., Bogazici University (Istanbul), 15 articles

§         Richard Demartino, Asst. Prof., Rochester Institute of Technology Business School, 12 refereed articles plus cases

§         Aida Hozic, Asst. Prof., University of Florida, Hollyworld:  Space, Power and the New Economy (Cornell)

§         James Graves, Analyst, National Ground Intelligence Center, The Post-Cold War Armored Vehicle Industry in Europe (Praeger)

§         Orson Watson, Inner City Investment Corporation, Boston

§         Michel Leonard, Director, Medley Institute, NYC

§         James Small, Harvest Development Group LLC, Bethesda MD

§         Ilke Civelekoglu, Asst. Prof., Dogus University (Istanbul)

§         Aaron Presnall, founder and Director of Studies, Jefferson Foundation (Washington and Belgrade)

§         Secondary member:  16 additional completed dissertations (including placements at University of Tulsa, Wesleyan, World Bank, University of Arkansas)

§         Undergraduate Senior Theses:  8 Honors (3 Stevenson prizes, 1 Supreme Court clerk), 9 Distinguished Major and 5 Political and Social Thought theses; plus supervision of 2 Harrison Undergraduate Research Awards (1 Rhodes Scholar)

 

LANGUAGES: Reading: Spanish, Danish

 

Last modified: 20 October 2009              Return to my home page