Dr Nick Potts

After studying at the London School of Economics for his First Degree and Masters Degree in economics Nick worked as a NHS Financial Planner before becoming a full time lecturer in 1993. Nick soon specialised in teaching applied economics, firstly concerning European integration, then concerning the transformation in Eastern Europe, and finally Globalisation.

Nick had his first refereed journal article published in 1997 and decided to specialise in research. Nick successfully completed his PhD on the question of integrating the productive economy and the monetary system together using a sequential and non-dualistic concept of value in 2005 (University of London, supervisor Lord Desai).

Nick is interested in general in how to apply Marx's analysis of the inner workings of capitalism to the economic issues of today including the current credit crunch, the environment, the Euro, knowledge-based production and issues relating to the process of Globalisation in general. 

Subject Specialisms

• European Integration
• Eastern Europe
• Globalisation
• Macroeconomics
• Political Economy
• Marxist Economics
• Monetary Economics

Internal Academic Roles

• Reader
• FBSE Research and Enterprise Working Papers co-ordinator 
• Member FBSE Research and Enterprise Committee
• PhD supervisor

External Academic Roles
Member of the Editorial Board of Capital and Class http://bit.ly/cselist||
Founder member of the Editorial Board of Critique of Political Economy www.copejournal.org||
Member of the International Working Group on Value Theory www.iwgvt.org|| 
Member of the Association of Heterodox Economists http://www.hetecon.com/||

Concerning the Current Credit Crunch 

Surplus Capital The Ultimate Cause of the Crisis?

Back To C19th Business As Usual: A Surprise? (Word document)||  

Time For The World To Turn The Page To Chapter 11. (Word document)  | |

Concerning the Environment

The Missing C That Threatens To Flood Us All. (Word document)||

Refereed Journal Articles  
'Recovering Marx: past and present', Critique, accepted and forthcoming in August 2009.  

'Valuation in the Presence of Stocks of Commodities: Exploring the Temporal Single System Interpretation of Marx', forthcoming in Critique of Political Economy in 2009. 

'Trying To Help Rescue Value For Everyone', Critique, Vol. 37, No. 2, May 2009, pp. 167-189. 

'Some Preliminary Thoughts On Knowledge-Based Production: 49 Seconds On Mustafar', Critique, Vol. 35 No.3, 2007, pp.357-373. 

'An Alternative Circuitist View For Southeastern Europe', International Journal of Financial Services Management, Vol. 2 No. 1/2, 2007, pp. 3-13.

'The relevance of Marx to all students of Economics, no matter the level', International Journal of Social Economics, Vol. 32 No. 9, 2005, pp. 827-851. 

'To whose value is the Euro?', European Business Review, Vol. 15 No. 4, 2003, pp. 221-234. 

'Why Are Kalecki's Rentiers So Boom Tired', International Journal of Social Economics, Vol. 30 No. 1/2, 2003, pp. 163-181.

'Is it time to finally take Dr. Kalecki's Rational Planning Medicine', International Journal of Social Economics, June Vol. 28 No. 8, 2001, pp. 667-680. 

'Kalecki, any old idiot and the European Central Bank', European Business Review, Vol. 13 No. 3, 2001, pp. 166-184. 

'Rapid Reform in Retrospect', Economic and Business Review: For Central and South-Eastern Europe, Vol. 2 No. 2, 2000, pp. 209-228.

'Will the Single European Market make us all richer and happier?', European Business Review, Vol. 12 No. 6, 2000, pp. 322-336. 

'Privatisation a False Hope', The International Journal of Public Sector Management, Vol. 12 No. 5, 1999, pp. 388-409. 

'Flexibility and all that: understanding the EU Labour Market', European Business Review, Vol. 99 No. 3, 1999, pp. 170-188. 

'National Economic Sovereignty and the Single European Currency'. European Business Review, Vol. 97 No. 1, 1997, pp. 11-23. 

FBSE Research and Enterprise Working Papers

'Back To C19th Business As Usual: A Surprise?', Faculty of Business, Sport and Enterprise Research and Enterprise Working Paper, 7, Southampton Solent University (2009).

'Money and Finance: Exploring the TSSI', Faculty of Business, Sport and Enterprise Research and Enterprise Working Paper, 5, Southampton Solent University (2009).

'Simulating the global economy in a sequential and non-dualistic value theoretical framework: a first attempt', Faculty of Business, Sport and Enterprise Research and Enterprise Working Paper, 3, Southampton Solent University (2009),

Recent Conferences  
Presented - 'Back to C19th Business as Usual: A Surprise?', Association for Heterodox Economics Annual Conference, Kingston (London), July 2009.

Presented – 'Is Knowledge-Based Production a New Concept', 9th Annual European Conference on Knowledge Management, Southampton, September 2008.

Presented - 'Valuation in the Presence of Stocks of Commodities: Exploring the Temporal Single System Interpretation of Marx', Association for Heterodox Economics Annual Conference, Cambridge, July 2008.

Presented - 'Some Preliminary Thoughts On Knowledge Based Production: 49 Seconds on Mustafar', 19th Annual Conference of the European Association for Evolutionary Political Economy, Porto, December 2007. 

Presented - 'Trying To Help Rescue Value For Everyone', Association for Heterodox Economics Annual Conference, Bristol, July 2007.

Presented - 'Some Preliminary Thoughts On Knowledge Based Production: 49 Seconds on Mustafar', Association for Heterodox Economics Annual Conference, London, July 2006.

Presented - 'Rentiers and the End of the Golden Age: A Sequential and Non-Dualistic Value-Theoretic View', Conference of Socialist Economists, Leeds, April 2006.

Presented - 'Some Preliminary Thoughts On Knowledge Based Production: 49 Seconds on Mustafar', Workshop: Creation of Value in a Knowledge-Based Economy, Institute for Advanced Studies, Lancaster University, April 2006.