The New School for Social Research

Founding the New School for Social Research (1919–1933) The New School for Social Research was founded in 1919 by a group of progressive intellectuals (mostly from Columbia University and The New Republic) who had grown dissatisfied with the growing bureaucracy and fragmentation of higher education in the United States. These included, among others, Charles Beard, John Dewey, James Harvey Robinson, and Thorstein Veblen. In its earliest manifestation, the New School was an adult education institution that gave night lectures to fee-paying students. There were no admissions requirements and the New School did not confer degrees. The first set of lectures included courses by economists Thorstein Veblen, Wesley Clair Mitchell, and Harold Laski, though these economists did not remain on the faculty long. In the ensuing decade, the New School hosted courses by a diverse array of economists, including Leo Wolman, a labor statistician with the Amalgamated Clothing Workers of America, and Frederick Macaulay, who later formalized the financial concept bond duration. During this period, John Maynard Keynes and Benjamin Graham also gave multiple guest lectures at The New School. One lasting presence at the New School was the economist-turned-administrator Alvin Saunders Johnson, who was the school's first president. University in Exile and Graduate Faculty of Political and Social Science (1933–1960) In response to the Nazi Germany's 1933 Civil Service Restoration Act, an act that dismissed over 1,200 Jewish or radical academics from German state-run institutions, Alvin Johnson raised $120,000 from Hiram Halle to create a "University in Exile" at The New School consisting of the dismissed European academics. Financial contributions were also obtained from the Rockefeller Foundation. The initial group included Emil Lederer, Frieda Wunderlich, Hans Staudinger, Eduard Heimann, Karl Brandt, Hans Simons and Gerhard Colm. In 1964, John R. Everett became the President of the New School for Social Research, which position he held until he retired in 1982. Harry Gideonse was Chancellor of the New School for Social Research from 1966 until 1975, when he retired. == Department of Economics ==

The Department of Economics is an academic department within The New School for Social Research. The faculty has contributed to economic theories such as, Post-Keynesian, Marxian, Institutional, Structuralist, and Political economics. History of the Department of Economics (1960–present) From 1958 to 1963, The New School suffered from another budgetary crisis. The school was running a deficit that it could not repay. Economists and administrators Alvin Johnson and Hans Staudinger led a "Save the School" fundraising campaign that narrowly saved the school from bankruptcy. In order to make the school more conventional and fundable, the administration reorganized the Graduate Faculty into five departments: Economics, Psychology, Sociology, Philosophy, and Political Science. This reorganization began in the late 1950's, but was only solidified in the 1960 course catalogs. In the book, Heilbroner discusses the evolution of economic thought using of the lives and times of the great economists. This focus on the history of economic thought permeated Heilbroner's teaching and writing. In 1969 and 1970, Edward Nell and Stephen Hymer were appointed to the faculty. Nell's work focused on economic methodology and Post-Keynesian Economics while Hymer was a Marxian economist whose Ph.D. supervisor was Charles Kindleberger. Together, the faculty launched a graduate program in Political Economy in 1971. In the May 1971 press release, Heilbroner emphasized that the goal of the faculty was to give students training in a variety of traditions of economic analysis. In 1972 and 1973, the faculty hired Anwar Shaikh and David Gordon, two young and radical economists with divergent approaches to economics: Shaikh initially focused on international trade and Marxian economic theory while Gordon focused on labor research and econometric models. In 1974, Heidi Hartmann joined the faculty to develop a gender and economics program. In 1975, Paul Sweezy taught a course on Karl Marx. In the late 1970's, Gita Sen, Ross Thomson, and Willi Semmler joined the faculty. In 1982, John Eatwell joined the Department on a part-time arrangement. During the 1980's and 1990's, the faculty had many shorter-term appointments and visitors, including Nancy Folbre, Heinz Kurz, Rhonda Williams, Alice Amsden, and Thomas Palley. In 1997, the school was renamed New School University. It was renamed the "New School for Social Research" in 2005, returning to the original name of the university. Its various colleges were regrouped under various names such as College of Performing Arts (taking on the existing music, jazz, and drama schools), Eugene Lang College The New School for Liberal Arts, Parsons School of Design and The New School for Public Engagement (taking on Milano School of International Affairs, Management, and Urban Policy, plus media studies, language studies and other programs). The university also continued with a separate new institution The New School for Social Research under the general banner of The New School. In 2004, the student union founded The New School Economic Review, a student run peer-reviewed journal. ==References==