The Levy Institute Mourns the Passing of Anwar Shaikh

The Levy Institute mourns the passing of Anwar Shaikh, an outstanding scholar, teacher, and mentor to a generation of socially committed economists, including several current and former Levy Institute scholars. On this solemn occasion of deep loss, we extend our condolences to his family, friends, and loved ones.

Professor Shaikh made fundamental contributions to the theories of value and distribution, effective demand and growth, and foreign trade and balance of payments. His empirical contributions were equally profound. They included in-depth investigations into the estimation of aggregate production functions, the determinants of relative prices, rates of profit, and exchange rates, and the uncovering of hidden, theoretically interesting, and socially relevant patterns in national income and product accounts. Anwar Shaikh was a Senior Scholar and Research Associate at the Levy Institute since 1990, with his first paper in the Institute’s working paper series issued in March 1989. In addition to contributing more working papers and policy notes, Shaikh, in collaboration with other Institute scholars, helped continue the legacy of Wynne Godley in macroeconomic modeling at the Levy Institute, resulting in a number of publications in the strategic analysis series. We are committed to the traditions of economic analysis that informed Shaikh’s work and that Shaikh’s work developed. And we are grateful for his decision to give his papers—published and unpublished—class notes, letters, and videos to the Levy Institute. His archive consists of 1,372 folders, and since its establishment late last year over 45,000 downloads have occurred.