• Faculty

  • Sanjay Reddy

    Professor and Chair of Economics


    Office Location
    D - 6 East 16th Street

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    Sanjay Reddy


    Sanjay G. Reddy is Professor and Chair of Economics at The New School for Social Research. He is an Affiliated Faculty Member of the Politics Department of the New School for Social Research.  He teaches development economics, microeconomics, philosophy and economics, and other subjects.

    He has published widely in academic journals in economics and related subjects and given many prominent academic lectures. He was elected a Fellow of the Human Development and Capabilities Association. He is or has been a member of the editorial advisory boards of the American Review of Political Economy, Comparative Studies of South Asia, Africa and the Middle East, Development, Ethics & International Affairs, the European Journal of Development Research, Global Justice: Theory Practice Rhetoric, Humanity, the Journal of Globalization and Development, the Review of Agrarian Studies and the Review of Income and Wealth and was Associate Editor of the Journal of Human Development and Capabilities. He was a lead author of the International Panel on Social Progress.  

    He has held fellowships from the Center for Ethics and the Center for Population and Development Studies at Harvard University, the Center for Human Values at Princeton University, the Justitia Amplificata program of the Goethe University of Frankfurt and Free University of Berlin, and the Advanced Research Collaborative of the City University of New York. He has received research grants from various sources.

    He was a member of the Independent High-level Team of Advisers to the Economic and Social Council of the United Nations on the longer-term positioning of the UN Development System. He has also served as a speaker and moderator on various High Level panels of the Economic and Social Council and other UN bodies. He has been a member of the advisory panel of the UN Development Programme's Human Development Report, the UN Statistics Division's Steering Committee on Poverty Statistics, the advisory board of the UN Special Rapporteur on the Right to Food, and in other advisory functions for international and non-governmental organisations.  He is a co-founder and team leader of the Global Consumption and Income Project. He has been quoted, his work has been cited, and his opinion articles have been published, by news media including Barron’s, the Boston Globe, the Boston Review, the Economist, Foreign Policy, the Financial Times, the Guardian, the Hindu, The Nation, the National Post, the New York Review of Books, and Project Syndicate. His work has been translated into multiple languages.

    View personal webpage for c.v., syllabi, downloadable publications, and other links.

    Degrees Held

    PhD in Economics, 2000, Harvard University

    MA in Economics, 1995, Harvard University

    MPhil in Social Anthropology, 1993, Cambridge University

    AB in Applied Mathematics (with Physics), 1991, Harvard University

    Recent Publications


    “Understanding India’s New Political Economy: A Great Transformation?”  (co-edited with Sanjay Ruparelia, John Harriss and Stuart Corbridge), published by Routledge in February 2011. 

    “International Trade and Labor Standards: A Proposal for Linkage” (with Christian Barry), first published in the Cornell International Law Journal (Vol. 39, No. 3), published in extended form by Columbia University Press in July 2008, with response essays by Kyle Bagwell, Robert Goodin, Rohini Hensman, and Roberto Mangabeira Unger); Selection republished in Economic, Social and Cultural Rights as Human Rights, ed. Olivier De Schutter, Edward Elgar (2006).  

    Journal Articles 

    "Beyond Property or Beyond Piketty?",  British Journal of Sociology, Vol. 72(1), January 2021. 

    “Inequality, a Guide for the Reflexive,  History of Political Economy 52 (3): 609–619 (2020). 

    “What is an explanation? Statistical physics and economics”. European Physics Journal Special Topics 229, 1645–1659 (2020).

    "Population Health, Economics and Ethics in The Age of Covid-19", BMJ Global Health, Vol. 5, Issue 7.

    "What is an Explanation? Statistical Physics and Economics", European Physics Journal Special Topics, July 2020, Vol 229. 

    “Inequality: A Guide for the Reflexive”, History of Political Economy, June 2020, Vol. 52.

    "Poverty Beyond Obscuratism" in Dimensions of Poverty, ed. V. Beck, H. Henning and R. Lepenies, Springer, 2018,

    $1.90 Per Day: What Does it Say?” (with Rahul Lahoti), New Left Review 97, January-February 2016.

    "The Role of BRICS in the World Economy and International Development" (Team Leader), Economic Report prepared for Summit of BRICS countries, New Development Bank, 2017.

    “The Global Consumption and Income Project: An Overview” (with Rahul Lahoti and Arjun Jayadev), Journal of Globalization and Development, Vol. 7, Issue 1, June 2016.

    "The Middle Muddle: Conceptualizing and Measuring the Global Middle Class" (With Arjun Jayadev and Rahul Lahoti) in Martin Guzman ed. Toward a Just Society: Joseph Stiglitz and Twenty-First Century Economics, Columbia University Press, 2018.

    Threat Effects and Trade: Wage Discipline through Product Market Competition,” (Journal of Globalization and Development, 2014).

    "Randomise This! On Poor Economics" (Review of Agrarian Studies, 2013)

    "Kernel Density Estimation on Grouped Data: The Case of Poverty Assessment," with Camelia Minoiu, (The Journal of Economic Inequality, 2012).

    "On Measuring Deprivation and Living Standards of Societies in a Multi-Attribute Framework," with Prasanta K. Pattanaik & Yongsheng Xu, (Oxford Economic Papers, 2012).

    "Economics and Human Rights: A Non-Conversation," (Journal of Human Development and Capabilities, 2011).

    "Inequalities between Groups: Theory and Empirics," with Arjun Jayadev, (World Development, 2011).

    "Development Aid and Economic Growth: A Positive Long-Run Relation," with Camelia Minoiu, (Quarterly Review of Economics and Finance, 2010).

    "Real Income Stagnation of Countries: 1960-2001." with Camelia Minoiu, (Journal of Development Studies, 2009).

    "Estimating Poverty and Inequality from Grouped Data: How Well do Parametric Methods Perform?" with Camelia Minoiu, (Journal of Income Distribution, 2009).

    A Great Transformation? Understanding India's New Political Economy , Co-edited with Sanjay Ruparelia, John Harriss, and Stuart Corbridge, (Routledge, 2011).


    "The World Needs a People's Vaccine" (with Arnab Acharya), blog, UNU-WIDER, November 2020.

    "The Economic Case for a People's Vaccine" (with Arnab Acharya), Boston Review, Sept. 15th, 2020.

    Speaker at "An inclusive, global strategy to leave no one behind during and after the COVID-19 pandemic," World Leadership Alliance - Club de Madrid, July 9, 2020.

    "From Covid 19 to Shared Prosperity" (with Michael Higgins), Medium, June 3rd, 2020.

    "Lockdowns are Costing Us: It's Time to be Smart", Barron's, May 23, 2020.

    "The Dangers of Overreliance on Epidemiological Models", Barron's, April 29, 2020. 

    "A policy road map to tackle COVID-19," The Hindu, April 28, 2020.

    "Coronavirus and the Limits of Economics". Foreign Policy, March 31, 2020.

    Quoted in "Low-wage South Asian workers in the U.S. hard hit by coronavirus business downturn," India Abroad, March 22, 2020.

    "Indians deserve a budget that strikes at structural deficiency, not just tinkers at the edges," The Print, January 30, 2020.

    Quoted in "Modi’s apparent shift from development to nationalist agenda worries the economists," India Abroad, January 21, 2020.

    "Citizenship law shows tension between BJP’s Hindutva and Modi govt’s economic goal," The Print, December 20, 2019.

    "Economics' Biggest Success Story is a Cautionary Tale", Foreign Policy, October 22, 2019.

    "With cash transfers, both BJP and Congress are showing no imagination in fighting poverty," The Print, March 29, 2019.

    Research Interests

    Development, Inequality and Poverty, Globalization (International Trade and Finance), Welfare Economics, Microeconomics, Ethics and Economics, Economic History, History of Thought,  Methodology and Philosophy of the Social Sciences, Social Theory and the Unification of the Social Sciences.


    Personal Webpage

    Current Courses

    Directed Dissertation Study
    GECO 7991, Summer 2024

    Mentored Research
    GECO 6993, Summer 2024

    Future Courses

    Development Economics
    LECO 3830, Fall 2024

    Directed Dissertation Study
    GECO 7991, Fall 2024, Spring 2025

    Econ, Ethics & Pol Theory
    GECO 6300, Fall 2024

    Ind Senior Project
    LECO 4990, Fall 2024, Spring 2025

    Independent Study
    LECO 3950, Fall 2024, Spring 2025

    Independent Study
    GECO 6990, Fall 2024, Spring 2025

    Mentored Research
    GECO 6993, Fall 2024, Spring 2025

    Past Courses

    Advanced Microeconomics I
    GECO 6200, Spring 2024

    Development Econ: Adv Topics
    GECO 6291, Spring 2024

    Directed Dissertation Study
    GECO 7991, Fall 2023, Spring 2024

    Economics Department Seminars
    GECO 7900, Fall 2023

    Ind Senior Project
    LECO 4990, Fall 2023, Spring 2024

    Independent Study
    LECO 3950, Fall 2023, Spring 2024

    Independent Study
    GECO 6990, Fall 2023, Spring 2024

    Mentored Research
    GECO 6993, Fall 2023, Spring 2024

    Understanding World Economy
    LECO 3016, Fall 2023

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