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David William Soskice | |
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| Born | 6 July 1942 |
| Nationality | British |
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| Title | LSE School Professor of Political Science and Economics |
| Academic background | |
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| Academic work | |
| Institutions | London School of Economics |
David William Soskice,FBA (born 6 July 1942) is a British political economist and academic. He is currently the LSE School Professor of Political Science and Economics at the London School of Economics.
Soskice was born as son of the British Labour Home Secretary Frank Soskice and his wife Susan Isabella Cloudsley Soskice (née Hunter) in London. He shares his first name with his grandfather,the Russian revolutionary journalist David Soskice ,who had fled to England. His paternal grandmother was Juliet Catherine Emma Soskice (née Hueffer),daughter of Francis Hueffer and Catherine Madox Brown,sister of Ford Madox Ford and Oliver Madox Hueffer,granddaughter of Ford Madox Brown,half-niece of Lucy Madox Brown and cousin of Olivia Rossetti Agresti.
Soskice was educated at Winchester College and studied Political science,Philosophy and Economics at Nuffield and at Trinity College,Oxford.
Between 1967 and 1990,he worked as Lecturer in Economics at University College,Oxford. After the Fall of the Berlin Wall he went to the Berlin Social Science Research Center,where he worked as Research professor and director of the working group 'Employment and Economic change'. After his retirement in 2007,he returned to Nuffield as Research Professor of Comparative Political Economy and Senior Research Fellow.
Soskice was Visiting Professor at Harvard,Yale,Stanford,Berkeley,Cornell and,every spring semester,at Duke University. Between 2004 and 2007,he was appointed Centennial Professor at the London School of Economics. He counselled the OECD,the British Labour Party and the governments of United Kingdom,France,and Germany in questions of employment and education.
Within his research area,political economy,Soskice's focusses on the study of labor markets,systems of Vocational education and production regimes.
The 2001 published book Varieties of Capitalism ,written/edited by Soskice and the Harvard professor Peter A. Hall [1] is influential [2] both in Political Economy (due to its macroeconomic implications) and Business (because of its analytical focus on the organizational structure of the individual firm). The book typecasts and analyzes two distinct types of capitalist economies:the liberal and coordinated market economies.
In 1966,Soskice married Alison Black;they later divorced. Together they had two children:one son and one daughter. In 1991,he married the legal scholar Nicola Lacey. [3]
Ford Madox Ford was an English novelist,poet,critic and editor whose journals The English Review and The Transatlantic Review were important in the development of early 20th-century English and American literature.
Industrial relations or employment relations is the multidisciplinary academic field that studies the employment relationship;that is,the complex interrelations between employers and employees,labor/trade unions,employer organizations,and the state.
Democratic capitalism,also referred to as market democracy,is a political and economic system that integrates resource allocation by marginal productivity,with policies of resource allocation by social entitlement. The policies which characterise the system are enacted by democratic governments.
Frank Soskice,Baron Stow Hill,was a British lawyer and Labour Party politician.
The term German model is most often used in economics to describe post-World War II West Germany's means of using innovative industrial relations,vocational training,and closer relationships between the financial and industrial sectors to cultivate economic prosperity. The two key components of the German model is a national system for certifying industrial and artisan skills,as well as full union participation in the oversight of plant-based vocation training.
Edmund Strother Phelps is an American economist and the recipient of the 2006 Nobel Memorial Prize in Economic Sciences.
Alberto Francesco Alesina was an Italian economist who was the Nathaniel Ropes Professor of Political Economy at Harvard University from 2003 until his death in 2020. He was known principally as an economist of politics and culture,and was famed for his usage of economic tools to study social and political issues. He was described as having “almost single-handedly”established the modern field of political economy,and as a likely contender for the Nobel Memorial Prize in Economic Sciences.
Francis Hueffer was a German-English writer on music,music critic,and librettist.
The insider-outsider theory is a theory of labor economics that explains how firm behavior,national welfare,and wage negotiations are affected by a group in a more privileged position. The theory was developed by Assar Lindbeck and Dennis Snower in a series of publications beginning in 1984.
Throughout modern history,a variety of perspectives on capitalism have evolved based on different schools of thought.
Oliver Madox Hueffer,was an English author,playwright,and war correspondent.
Stewart Martin Wood,Baron Wood of Anfield is a Labour life peer in the House of Lords. He is currently a Visiting Fellow at the Blavatnik School of Government at the University of Oxford and a Senior Adviser to policy,economics and public affairs firm Bradshaw Advisory.
Varieties of Capitalism:The Institutional Foundations of Comparative Advantage is a 2001 book on economics,political economy,and comparative politics edited by political economists Peter A. Hall and David Soskice. The book established an influential debate among political economists about ways to categorize,qualify and analyze different ways in which economies are organized.
Wim Driehuis is a Dutch economist,Emeritus Professor Economics and Business at the University of Amsterdam.
Institutional complementarity refers to situations of interdependence among institutions. This concept is frequently used to explain the degree of institutional diversity that can be observed across and within socio-economic systems,and its consequences on economic performance. In particular,the concept of institutional complementarity has been used to illustrate why institutions are resistant to change and why introducing new institutions into a system often leads to unintended,sometimes suboptimal,consequences.
David Rueda is professor of comparative politics at Nuffield College,University of Oxford who researches comparative political economy,the welfare state and labour market policy. He is an editor of the Socio-Economic Review.
Wendy Joan Carlin,is a professor of economics at University College London,expert advisor to the Office for Budget Responsibility,and research fellow at the Centre for Economic Policy Research. Her research focuses on macroeconomics,institutions and economic performance,and the economics of transition.
Lucio Baccaro is an Italian political economist and professor of Comparative Macro-Sociology at the University of Geneva. In 2017,he succeeded Wolfgang Streeck to become director at the Max Planck Institute for the Study of Societies next to Jens Beckert. His research lies in the fields of comparative political economy and industrial relations,focusing on growth models in the European Union.
The Department of Economics is an academic department of the University of Oxford within the Social Sciences Division. Relatively recently founded in 1999,the department is located in the Norman Foster-designed Manor Road Building.
Juliet Catherine Emma Soskice was an English translator and writer.
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