Secrets of Economics Editors
Publication Year: 2014
Published by: The MIT Press
Title Page, Copyright, Dedication
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Robert M. Solow
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I would have made a lousy journal editor. At the simplest level, these essays demonstrate convincingly that editing an economics journal is a formidable managerial project. Hundreds of submissions arrive each year. They have to be channeled to appropriate—knowledgeable but not too opinionated—associate editors and referees. In turn, the referees have...
Preface and Acknowledgments
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Marcus Tullius Cicero wrote of Socrates that he called down philosophy from the skies and implanted it in the cities and homes of men. The purpose of this volume is to spread and extend the wisdom of the editors assembled here to all who are interested in the workings of scholarly journals. When the Danish architect Arne Jacobson designed St. Catherine’s...
Introduction: What Editors Do and Want to Tell Us
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Being named the editor of a respected academic journal is a clear signal of ability and professional esteem on many dimensions, in almost all cases including a long and well-known record of scholarship in a field or subfield. The past and present editors who have contributed chapters to this volume are a highly successful group of mostly senior economists, many...
Economic Theory and Finance
1. A Decade of Editing the European Economic Review
Zvi Eckstein, Esther Gal-Or, Thorvaldur Gylfason, Jürgen von Hagen, Gerard Pfann
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The European Economic Review (EER) was launched 1969 as the first research journal that aimed to contribute to the development and application of economics as a science in Europe. As a broad-based professional and international journal, the EER welcomes submissions of applied and theoretical research papers in all fields of economics. Its...
2. The Wish List of an Editor: Some Reflections on Editing the Scandinavian Journal of Economics
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The Scandinavian Journal of Economics (SJE) was started in 1899. It has gone through a couple of name changes and switched from Swedish to English, but its tradition is unbroken and has been nicely summarized by Mats Persson (1998). About two years ago, Persson called me to discuss something that was too important to deal with over the phone. There...
3. Edifying Editing
R. Preston McAfee
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I have spent a considerable amount of time as an editor. I have rejected
about 2,500 papers and accepted 200. No one likes a rejection, and fewer
than 1 percent of authors consider it justified. Fortunately, there is some
duplication across authors, so I have made only around 1,800 enemies.
The purpose of this chapter is to answer in print the questions I frequently...
4. Reflections on Editing the Journal of Finance, 2006 to 2012
Campbell R. Harvey
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If the American Economic Review is a fire hose, then the Journal of Finance is a tsunami. In my first year as editor of the Journal, I handled 1,275 manuscripts. If one takes into account papers that are revised and resubmitted, that figure is even larger. Over my six years (2006 to 2012) as editor, I handled approximately 7,500 submissions. Even at the point...
5. Journals, Editors, Referees, and Authors: Experiences at the Journal of Economic Literature
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I have been invited to write about my experiences as editor of the Journal of Economic Literature (JEL) and to reflect on what these experiences may mean for the status of journals in intellectual inquiry. I was editor of the JEL for thirteen years from 1986 to 1998. Before becoming editor, for four years, I served as associate editor under the editorial supervision...
6. Memoirs of an Editor
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I was a managing editor of the Review of Economic Studies (ReStud) from 2002 to 2006. Since 2009, I have been the chief editor of the Journal of European Economic Association (JEEA). Both the ReStud and JEEA are nonprofit journals, and they are owned, respectively, by an independent society and by the European Economic Association. In this chapter, I...
History of Economics
7. On Editing the History of Political Economy
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Some general-interest journals in economics (such as the American Economic Review, Southern Economic Journal, and Economic Journal) were established by professional associations, and others by prominent universities (for example, the Journal of Political Economy, the Quarterly Journal of Economics, and Economica). Field journals have emerged...
Microeconomics and Industrial Organization
8. On Turning Twenty: The Journal of Economics & Management Strategy Comes of Age
Daniel F. Spulber
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As I write this reminiscence, the Journal of Economics & Management Strategy (JEMS) is reaching a milestone: it is turning twenty. It has been a terrific journey thus far, and yet I feel that it is only just beginning. I have had occasion to think about the journal’s beginnings, the many events that have happened over the last two decades, and the things that...
9. Reflections on Being a Journal Editor
Lawrence J. White
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Journal editors serve as gate keepers for any academic discipline because journals are important vehicles for the spreading of ideas and information within the discipline. For many disciplines, they provide indicia of the professional standing of faculty at colleges and universities. These characteristics of journals are probably more important for the economics...
10. The Internal Politics of Journal Editing
William A. Barnett
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I have been invited to write an essay on my experiences as founder and editor of the Cambridge University Press journal Macroeconomic Dynamics. I have decided to focus the essay on my experiences in starting up the journal. Few economists who have not themselves started a new journal are aware of the nature of the process and its sometimes complicated...
Methodology of Economics
11. Reptilian Economists of the World Unite: A Tolerance Manifesto
Richard V. Adkisson
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A graduate school colleague, Les Manns, was prone to refer to certain others in the economics profession as big lizards. We never really discussed the definition of big lizard, but the term seemed to refer to economists who were regularly published, held offices in professional organizations, had a reputation beyond the department, and were actively...
12. Notes from a Second-Line Journal: Suggestions for Authors
Paul H. Rubin, Antony W. Dnes
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One of us has been editor in chief of Managerial and Decision Economics (MDE) since 1994, and the other has been European coeditor since 2000. It is a fact of life that most of the papers that we receive have been rejected elsewhere. Because the mainline journals in economics and business have very low acceptance rates, on the order of 10 percent or...
Money and Banking
13. Replication and Reflection: A Decade at the Journal of Money, Credit, and Banking
William G. Dewald, Richard G. Anderson
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In 1975, with reluctance, I accepted the editorship of the Journal of
Money, Credit, and Banking (JMCB), which at the time was the flagship
journal in monetary economics and banking. It was founded by Karl
Brunner in 1969.1
Let me recount how the editorship was offered to me. Karl wanted to take the journal with him to Rochester University when...
14. Epistemic Flagpoles: Economics Journals as Instrumental Rhetoric
Daniel W. Bromley
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Deirdre McCloskey (1983) has made a number of profound contributions to economics. Nothing in her prodigious output can match the masterful article offering clarity on the word rhetoric. Clarity, however, brought anxiety: “You mean economics is concerned with trying to persuade? Here I thought we were pursuing (and publishing) truth.” But as...
Economics of Public Choice
15. Supplying Private Goods and Collective Goods at Public Choice
William F. Shughart II
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Public Choice, under the title Papers on Non-Market Decision Making, was launched at the University of Virginia (UVA) by Gordon Tullock in 1966 (Rowley and Houser 2012 , 16). Apparently at the suggestion of William C. Mitchell (Simmons 2011, xiii), the journal was given its present name in 1969, coincident with the establishment of the Center...
Economics of Sports
16. The Journal of Sports Economics
Leo H. Kahane
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This chapter, I suspect, is distinct from most others in this collection in that I am the editor of a journal and also one of its founders. The Journal of Sports Economics (JSE) was borne out of a 1997 conversation I had in the hallway at California State University at East Bay.1 I had just put the finishing touches on my first sports economics paper (Idson and...
17. My Experiences as Editor of the Journal of Developing Areas
Abu N. M. Wahid
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An introduction may not be irrelevant for this chapter. When I opened my email on June 13, 2012, I saw that a message had just arrived from Michael Szenberg and was waiting to be opened in my inbox. I was not expecting this email but recognized his name and opened the mail with much interest and enthusiasm. When I started reading the message, I was...
Economics of Education
18. Potpourri: Reflections from Husband and Wife Academic Editors
William E. Becker, Suzanne R. Becker
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When we were invited to contribute to this series on experiences of journal editors in academe, Bill said to Suzanne, “I have stories to tell about poor scholarship and the possible demise of economic education as a scholarly activity, and you have stories to tell about dealing with professors, the maiming of the English language, and catching errors.” We...
19. Helping the Homeless: Reflections on Editing Journals outside the Mainstream
Geoffrey M. Hodgson
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Some essays in this volume are distillations of the experiences of editors of prominent mainstream journals in economics. By contrast, this article concerns the experiences of an editor of less prestigious publications that might develop the subject in a different direction. Although concerns about rigor and quality are shared, the problems of carving out a space...
20. Econ Agonistes: Navigating and Surviving the Publishing Process
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Let me begin this article with a brief summary of my qualifications. During my career, I have refereed nearly three hundred articles for professional journals and as a journal editor have made decisions on more than a thousand papers. I have edited several symposia and special issues for economics journals and for refereed journals in other disciplines. Since...
21. Tales from the Editor’s Crypt: Dealing with True, Uncertain, and False Accusations of Plagiarism
J. Barkley Rosser Jr.
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I am writing this in December 2010, my final month as editor of the Journal of Economic Behavior and Organization (JEBO), having first assumed this position effectively in August 2001.1 It has been a mostly rewarding experience but has become increasingly time-consuming as submissions have approximately doubled over this period. To handle a...
22. An Instructive Case in Referencing, Priority Conflict, and Ethics: The Role of an Editor in a Scholarly Journal
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It is an editor’s role to probe and dissect and to do so in a way that does not encourage distortions or embellishments. To fulfill this role suitably, the editor must adhere to a high standard of ethics. The assessment and especially the scrutiny of the publication process are of vital concern to scientists because scholarly journals are the mainstays of scientific communication, and...
23. An Editor’s Life at the Journal of Economic Perspectives
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In spring 1984, I was a disgruntled graduate student of the standard make and model on my way to bailing out of Stanford University’s Ph.D. program in economics with what I regarded as a consolation master’s degree. I was clueless about my future career path, except that it seemed clear that my road would not travel through academia. In 1986, I started...
The Journal Editorial Cycle and Practices
24. The Journal Editorial Cycle and Practices
Lall B. Ramrattan, Michael Szenberg
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Editors and authors both recognize that way that journals function needs to improve. Scholarly journals are the mainstays of scientific communication, and publication in them by academicians is the primary route to promotion, tenure, salary increases, recognition, and mobility. The scrutiny and assessment of the publication process is therefore of vital concern...
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Page Count: 408
Publication Year: 2014