Head of Department
Department of Political Economy
London WC2R 2LS
Telephone: +44(0)20 7848 1687
Cancelled for week commencing 5 December 2016.
Wednesday: 11.00am -12.00pm
Thursday: 11:00am - 12:00pm
Mark Pennington has been Professor of Political Economy and Public Policy in the Department of Political Economy since January 2012 and is now Head of Department. Prior to joining King’s he taught for 12 years in the School of Politics and International Relations at Queen Mary College, University of London. He holds a PhD from the London School of Economics and Political Science. Mark works at the intersection of politics, philosophy and economics.
His core interest lies in exploring problems of bounded rationality and incentive compatibility as these relate to ideal and non-ideal theorising in economics and political philosophy- an interest exemplified in his 2011 book Robust Political Economy.This work examines challenges to market liberal theory derived from neo-classical economics, communitarian political theory and egalitarian ethical theory, applying the lessons learned in policy debates on the welfare state, international development, and environmental protection.
Mark has written most recently on the relationship between educational markets and citizenship, and the political economy of 'noxious markets'. His current research interests are focussed on the concept of self-governance in the writings of Vincent and Elinor Ostrom and he is planning a new book project on the ethics of environmental markets.
Undergraduate: Ethics, Economics and Environmental Protection
Post-graduate: Key Concepts in Contemporary Political Economy
Refereed Journal Articles (published or in print):
2017 Robust Political Economy and the Priority of Markets, Social Philosophy and Policy (forthcoming)
2016 Paternalism, Behavioural Economics, Irrationality and State Failure, European Journal of Political Theory (forthcoming)
2015 Why Most Things Should Probably Be For Sale, Georgetown Journal of Law and Public Policy, 13:251-274
2014 Against Democratic Education, Social Philosophy and Policy 31(1): 1-35
2014 Realistic Idealism and Classical Liberalism:Evaluating Free Market Fairness, Critcial Review, 26(3-4):375-407
2013 Elinor Ostrom and the Robust Political Economy of Common Pool Resources, Journal of Institutional Economics, September: 1-20
2010 Democracy and the Deliberative Conceit, Critical Review, 22 (2-3): 159-184
2008 Classical Liberalism and Ecological Rationality: The Case for Polycentric Environmental Law, Environmental Politics, 17 (3): 431-448
2008 Bonding and Bridging: Social Capital and the Communitarian Critique of Liberal Markets, Review of Austrian Economics, 21(1): 119-133 (with J. Meadowcroft)
2006 The Dynamics of Interventionism: A Case Study of the British Land Use Planning System, Advances in Austrian Economics, 8 (1): 343-365
2006 Sustainable Development and British Land Use Planning: A Hayekian Perspective, Town Planning Review, 77 (1): 75-97
2005 Liberty, Markets and Environmental Values: A Hayekian Defence of Free Market Environmentalism, The Independent Review 10 (1): 39-57
2004 Citizen Participation, ‘The Knowledge Problem’ and Urban Planning: An ‘Austrian’ Perspective on Institutional Choice, Review of Austrian Economics 17 (2-3): 213-228
2003 Hayekian Political Economy and the Limits of Deliberative Democracy, Political Studies, 51 (4): 96-117 (re-published 2008).
2001 Environmental Markets versus Environmental Deliberation: A Hayekian Critique of Green Political Economy, New Political Economy, 6 (2) 171-190
2001 Discourses of the Prisoners Dilemma: The Role of the Press in Local Environmental Policy, Environmental Politics, 10 (3): 48-71 (with Y. Rydin)
2000 Public Participation and Local Environmental Planning: The Collective Action Problem and the Potential of Social Capital, Local Environment, 5 (2):153-169 (with Y. Rydin)
2000 Researching Social Capital in Local Environmental Policy Contexts, Policy and Politics, 28 (2): 33-49 (with Y. Rydin)
2000 Public Choice and the Politics of Urban Containment: voter-centred v special interest explanations: Government and Policy: Environment and Planning C 18 (2): 145-162
1999 Free Market Environmentalism and the Limits of Land Use Planning, Journal of Environmental Policy and Planning 1 (1): 43-59
1997 Budgets, Bureaucrats and the Containment of Urban England, Environmental Politics, 7 (4): 81-111.
Single Authored Books and Monographs
2011 Robust Political Economy: Classical Liberalism and the Future of Public Policy, Cheltenham: Edward Elgar
2002 Liberating the Land: The Case for Private Land Use Planning, London: Institute of Economic Affairs
2000 Planning and the Political Market: Public Choice and the Politics of Government Failure, London: Athlone/Continuum
Joint Authored Monographs
2007 Rescuing Social Capital from Social Democracy, London: Institute of Economic Affairs (with J. Meadowcroft).
2009 Comparative Politics, London: Sage (with J. Bara). Includes three chapters by myself on: ‘Theory, Institutions and Comparative Politics’, ‘The Bureaucracy’ and, ‘Interest Groups and Comparative Politics’.
Chapters in Books
2015 Constitutional Political Economy and Austrian Economics, in Coyne, C.(ed.) Oxford Handbook of Austrian Economics, Oxford: Oxford University Press
2014 Hayek on Socialism, Garrison, R. (ed.) The Elgar Companion to Hayekian Economics, Cheltenham, Edward Elgar
2009 Social Capital: The Achilles Heel of Classical Liberalism? , in James, M. (ed.) Classical Liberalism in the 21st Century: Essays in Honour of Norman Barry, Buckingham: University of Buckingham
2008 Hayekian Liberalism and Sustainable Development, in Gough, S., Stables, A. (eds.) Sustainability and Security within Liberal Societies, London: Routledge
2004 Knowledge, Decisions and Urban Form: Implications from the Socialist Calculation Debate, in Richardson, H.W., Bae, C. Urban Sprawl in Western Europe and the United States, Aldershot: Ashgate
2003 Free Market Environmentalism versus Environmental Market Socialism, in Lai, L. (ed.) Understanding and Implementing Sustainable Development, New York: Nova Sciences
2001 Collaborative Planning: A Hayekian Liberal Critique, in Allmendinger, P. and Tewdr Jones, M. Planning Futures: Assessing Collaborative Planning, London: Routledge.