Barkley Rosser


Professor, Economics and International Business; Kirby L. Cramer, Jr. Professor of Business Administration
Contact Info

Curriculum Vitae

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Professional Interests
  • Economic Theory
  • Complex Nonlinear Systems
  • Environmental and Ecological Economics
  • Urban and Regional Economics
  • Comparative Economic Systems
  • International Macroeconomics
  • Finance
Courses Taught
  • Comparative Economic Systems
  • Advanced Microeconomic Theory
  • Urban Economics
  • Environmental Economics
  • Regional Economics

For more, see Curriculum Vitae

  • Faculty Adviser, Madison Algorithmic Research, 2018-
  • Research Associate, Center for Applied Macroeconomic Analysis (CAMA), Program in Behavioral Macroeconomics and Complexity, Australian National University, 2016-
  • Chair, Executive Board, Society for Nonlinear Economic Dynamics, 2013-
  • Co-Founder, group for Non-Equilibrium Social Science (NESS), at Cully, Switzerland, November, 2010
  • Member, Core Advisory Group of EI/NESCent Profect on Evolutionary Economics, 2010-

For more, see Curriculum Vitae

Positions Held
  • James Madison University, Department of Economics, 1977-present
  • Scuola Superiore Sant’Anna, Pisa, Italy, Visiting Professor, Summer 2013; Summer 2015
  • Universidad de San Francisco de Quito, Ecuador, Visiting Professor, Summer 2011
  • Max Planck Institute of Economics, Jena, Germany, Summer Institute, 2008
  • Chuo University, Tokyo, Japan, Visiting Professor, Summer 2005
  • Università Politechnica della Marche, Ancona, Italy, Visiting Professor, Summer 2004
  • University of Paris-South-XI-Sceaux, France, Visiting Professor, Fall 2002
  • University of Newcastle, Australia, Visiting Research Professor, Summer 1995
  • Umeå University, Sweden, Visiting Research Professor, Summer 1994

For more, see Curriculum Vitae

Awards and Recognitions
  • Phi Beta Kappa, first JMU faculty member honorary member, 2018-
  • Best Scholarly Paper, James Madison University College of Business, 2014
  • Ambassador of University of Urbino, Italy, 2012-
  • Recipient, Outstanding Faculty Award (OFA) by State Council on Higher Education in Virginia (SCHEV), 2011.
  • Recipient of festschrift book: Nonlinear Dynamics in Economics, Finance, and the Social Sciences: Essays in Honour of John Barkley Rosser, Jr., edited by Gian-Italo Bischi, Carl Chiarella, and Laura Gardini, Berlin/Heidelberg: Springer, 2010.
  • Finalist, Outstanding Faculty Award (OFA) by State Council on Higher Education in Virginia (SCHEV), 2010.
  • Fellow, Economists for Peace and Security, 2009-
  • Premier Who’s Who for Outstanding Professionals, 2009-2010.

For more, see Curriculum Vitae

Certifications and Affiliations
  • American Economic Association
  • Econometric Society
  • Southern Economic Association
  • Eastern Economic Association
  • Society for Nonlinear Dynamics and Econometrics (charter member)
  • Nonlinear Socio-Spatial Dynamics Society
  • International Society for Ecological Economics
  • Society for Study of Chaos in Psychology and the Life Sciences
  • New York Academy of Science
  • System Dynamics Society
  • Union of Radical Political Economists
  • United States Society for Ecological Economics (charter member)
  • History of Economics Society
  • Society for the Development of Austrian Economics
  • Society for the Study of Emerging Markets
  • Nonlinear Economic Dynamics Society (Founder, June 2009 at Jönköping, Sweden)
  • Complex Systems Society
  • World Economics Association
  • Nonequilibrium Social Sciences Group (Co-founder and Advisory Board member)

For more, see Curriculum Vitae

Key Publications

“Speculative Bubbles in Real Estate – A Post Global Financial Crisis Perspective,” (with Ehsan Ahmed and Jamshed Y. Uppal) Real Estate Finance, forthcoming.

“The Minsky Moment and the Revenge of Entropy,” Macroeconomic Dynamics, January 2020, vol. 24, no. 1, pp. 7-23.

“Consistency and Incompleteness in General Equilibrium Theory,” (with Simone Landini and Mauro Gallegati), Journal of Evolutionary Economics, 2020, vol. 30, no. 1, pp. 205-230, https://doi.10.1007/s00191-018-0850-0

“Austrian Themes and the Cambridge Controversies in the Theory of Capital,” Review of Austrian Economics, 2020, vol. 33, no. 4, pp. 415-431.

“The Economist Watcher: The Economic Contributions of David Colander,” (with Richard P.F. Holt), Review of Political Economy, 2018, vol. 30, no.4, pp. 534-555.

“Complexity and Institutional Evolution,” (with Marina V. Rosser) Evolutionary and Institutional Economic Review, December 2017, vol. 14, no. 2, pp. 415-430.

“Speculative Behavior and Islamic Investments,” (with Ehsan Ahmed and Jamshed Y. Uppal) Journal of Emerging Markets, Spring-Fall 2017, vo. 21, nos. 1-2, pp.1-20.

“Introduction to Special Issue Honoring Richard A. Easterlin,” Review of Behavioral Economics, 2017, vol. 4, no. 4, 295-300.

“Financialization and Speculative Bubbles: International Evidence,” (with Ehsan Ahmed and Jamshed Y. Uppal) Journal of Applied Business and Economics, 2017, vol. 19, no. 1, pp. 10-29.

“Entropy and Econophysics,” European Physical Journal - Special Topics, December 2016, vol. 225, nos. 17-18, pp. 3091-3104.

For more, see Curriculum Vitae

Other Publications

Foundations of Complexity Economics, Springer, (in progress).

Complex Evolutionary Dynamics in Urban-Regional and Ecological Economic Systems: Beyond Catastrophe and Chaos, Heidelberg: Springer, 2011.

European Economics at a Crossroads, (with David Colander and Richard P.F. Holt), Cheltenham: Edward Elgar, 2010.

For more, see Curriculum Vitae

Book Chapters

“Entropy and Complexity in Urban and Regional Systems,” in Handbook on Entropy, Complexity and Spatial Dynamics: A Rebirth of Theory? Edited by Aura Reggiani, Laurie A. Schnitzer and Danny Czamanski. Cheltenham: Edward Elgar, 2021, forthcoming.

“Observations on Computability, Uncertainty, and Technology,” in Keynesian, Sraffian, Computable and Dynamic Economics. Edited by K. Vela Velupillai. London: Palgrave Macmillan, 2021, in press.

“Coupled Chaotic Systems and Extreme Ecologic-Economic Outcomes,” in Games and Dynamics: Essays in Honor of Akio Matsumoto. Edited by Ferenc Szidarovsky and Gian-Ital Bischi. Singapore: Springer Nature, 2020, pp. 3-15.

“Incompleteness and Complexity in Economic Theory,” in Unraveling Complexity: The Life and Work of Gregory Chaitin. Edited by Shyam Wuppuluri and Franciso Antonio Doria. Singapore: World Scientific, 2020, pp. 345-367.

“Reflections on Reflexivity and Complexity,” in History, Methodology and Identity for a 21st Century Social Economics, edited by Wilfred Dolfsma, C. Wade Hands, and Robert McMaster. London: Routledge, 2020, pp. 67-86.

“The Evolution of Behavioral Institutional Complexity,” (with Marina V. Rosser) in Economic Foundations for Social Complexity Science: Theory, Sentiments, and Empirical Lawsedited by Yuji Aruka and Alan Kirman. Singapore: Springer, 2017, pp. 67-88.

“Simonian Bounded Rationality and Complex Behavioral Economics,” (with Marina V. Rosser) in Essays in Economic Dynamics: Theory, Simulation Analysis, and Methodological Study, edited by Akio Matsumoto, Ferenc Szidarovsky, and Toichiro Asada. Singapore: Springer, 2016, pp. 3-22.

“Economic Dynamics,” in Handbook on the History of Economic Analysis: Developments in Major Fields of Economics, Volume III, edited by Gilbert Faccarrello and Heinz D. Kurz. Cheltenham: Edward Elgar, 2016, pp. 117-132.

“Complexity and Austrian Economics,” in The Oxford Handbook of Austrian Economics, edited by Peter J. Boettke and Christopher J. Coyne. Oxford: Oxford University Press, 2015, pp. 594-611.

“Natural Selection versus Emergent Self-Organization in Evolutionary Political Economy” in Entangled Political Economy, edited by Steven Horwitz and Roger Koppl. Bingley: Emerald, 2014, pp. 67-92. 

For more, see Curriculum Vitae

Presented Papers

“Coupled Chaotic Systems and Extreme Ecologic-Economic Outcomes,” Southern Economic Association, New Orleans, November 2020.

“Incompleteness and Complexity in Economic Theory,” Southern Economic Association, Fort Lauderdale, FL, November, 2019.

“Complexity and Knowledge”

  • Society for Chaos Theory in Psychology and Life Sciences, University of Toronto, Ontario, July 2020
  • 11th International Conference on Nonlinear Economic Dynamics, Kyiv School of Economics, Kyiv, Ukraine, September 2019

“Reflections on Reflexivity and Complexity”

  • Society for Chaos Theory in Psychology and Life Sciences, Chapman University, Orange, CA, August 2019
  • Eastern Economic Association, New York, March 2019
  • Southern Economic Association, Washington, November, 2018
  • 10th Workshop on Dynamic Models in Economics and Finance, Urbino, Italy, September, 2018

“Entropy and Urban and Regional Structural Patterns,” The Economy as a Spatial Complex System – II, University of Naples Federico II, Italy, June 2018.

“The Economist Watcher: The Economic Contributions of David Colander,” Eastern Economic Association, Boston, March 2018.

“Austrian Themes and the Cambridge Controversies in the Theory of Capital,” Eastern Economic Association, Boston, March 2018.

“Sraffa and Hayek on Capital Theory Reconsidered,” Southern Economic Association, Tampa, FL, November 2017.

“Entropy and Econophysics,” Keynote Address, Inaugural International Conference on Complex Information and Financial Market Dynamics, Tianjin University, China, December 2016.

“The Minsky Moment as the Revenge of Entropy”

  • Society for Chaos Theory in Psychology and Life Sciences, North Carolina State University, Raleigh, August 2018
  • Eastern Economic Association, Boston, March 2018
  • New School for Social Research, New York, October 2017
  • 10th International Nonlinear Economic Dynamics Conference, University of Pisa, Italy, September 2017
  • Keynote Address, Conference on Crisis and Sustainability, Polytechnic University of Marche, Ancona, Italy, September 2016

For more, see Curriculum Vitae

Editorial Duties
  • Co-editor, New Revised Palgrave Dictionary, 4th edition, 2018-
  • Board of Editors, Complexity Economics, Elsevier Publishers, 2017-
  • Advisory Board Editor, Evolutionary and Institutional Economics Review, 2015-
  • Advisory Board Editor, Metroeconomica, 2015-
  • Founding Editor-in-Chief, Review of Behavioral Economics, 2012-
  • Honorary Editor, Journal of Economic Behavior and Organization, 2012-
  • Co-editor, Journal of Economic Behavior and Organization, 2011
  • Editor, Journal of Economic Behavior and Organization, 2001-2010

For more, see Curriculum Vitae

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