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Oddný Hel­gadót­tir

Associate Professor

Subjects
International relations Politics Crisis Nationalism

Primary research areas

Eco­nom­ic ideas
In IPE, the study of eco­nom­ic ideas ex­plores how men­tal mod­els, be­liefs and dis­courses shape le­git­im­acy, policy and gov­ernance. Ideas frame crises, guide re­forms, and cir­cu­late via ex­perts, in­sti­tu­tions, and me­dia, re­veal­ing the con­tested found­a­tions of eco­nom­ic or­der.
Mac­roe­co­nom­ic ex­pert­ise
In IPE, mac­roe­co­nom­ic ex­pert­ise is seen as a polit­ic­al form of au­thor­ity. Eco­nom­ists and in­sti­tu­tions shape fisc­al and mon­et­ary re­gimes by fram­ing crises and em­bed­ding ideas, but their le­git­im­acy is fra­gile, of­ten con­tested in mo­ments of break­down, pop­u­list back­lash, or shift­ing glob­al norms.
Lay ex­pert­ise
In IPE, lay ex­pert­ise high­lights how cit­izens, act­iv­ists, and on­line com­munit­ies gen­er­ate and con­test eco­nom­ic know­ledge out­side tra­di­tion­al in­sti­tu­tions. These al­tern­at­ive in­ter­pret­a­tions in­flu­ence de­bates on aus­ter­ity, in­fla­tion, and cli­mate, high­light­ing how au­thor­ity is now be­ing re­shaped in the di­git­al pub­lic sphere.

My re­search ex­am­ines how ideas and ex­pert­ise shape eco­nom­ies and every­day life.

My research examines how economic ideas, models, and expert authority shape the way economies are governed. I show how policies that affect everyday life—such as austerity, inflation, and monetary policy—are not simply technical fixes but rooted in contested assumptions and political struggles. I pay particular attention to macroeconomic models and indicators, which claim neutrality but in practice shape how crises are interpreted, which policies are seen as viable, and whose perspectives carry weight. At the same time, lay expertise and alternative interpretations increasingly challenge established frameworks, influencing debates in both public and political arenas. My work traces how these dynamics unfold across institutions and societies, showing that economic governance rests on intellectual and cultural foundations as much as material interests. This approach allows for a clearer understanding of how economic knowledge is produced, how it gains authority, and how it conditions the choices available to policymakers. 

December 2024

Indie Economics

Social Purpose, Lay Expertise and the Unusual Rise of Modern Monetary Theory

Go to publication

June 2023

The New Luxury Freeports

Offshore Storage, Tax Avoidance, and ‘Invisible’ Art

Go to publication

8 May 2023

Oddný Helgadóttir, Dósent í Stjórnmálafræði við CBS

Oddný Hel­gadót­tir, Associate Professor

Ásta Stefánsdóttir

Bergur Bernburg

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Recent research projects

Carls­berg Ac­cel­er­ate Grant: MAK­RO: Map­ping Al­tern­at­ive Know­ledge Re­sources and Ob­tain­ment in Macro­economics

Main­stream macro­economics failed to fore­see the 2008 crisis, spark­ing new struggles over how to in­ter­pret the eco­nomy. We study how me­dia shape ideas that in­flu­ence policy, mar­kets, and pub­lic trust.
Link to Carsberg Fondet

Outside activities

2025 , -

No out­side activ­it­ies to re­port