Stephanie Kelton, Ph.D. is Professor of Economics at the University of Missouri-Kansas City. She served as Chief Economist on the US Senate Budget Committee (minority staff) in 2015 and then became an Economic Advisor to the Bernie 2016 presidential campaign. She was the Founder and Editor-in-Chief of the top-ranked blog New Economic Perspectives and a member of the TopWonks network of the nation’s best thinkers. In 2016, POLITICO recognized her as one of the 50 people across the country who is most influencing the political debate.
Her book, The State, The Market and The Euro (2001) predicted the debt crisis in the Eurozone, and her subsequent work correctly predicted that: (1) Quantitative Easing (QE) wouldn’t lead to high inflation; (2) government deficits wouldn’t cause a spike in U.S. interest rates; (3) the S&P downgrade wouldn’t cause investors to flee Treasuries; (4) the U.S. would not experience a European-style debt crisis.
She is a regular commentator on national radio and broadcast television.
Stephanie consults with policymakers, investment banks and portfolio managers across the globe. Her research expertise is in: Federal Reserve operations, fiscal policy, social security, international finance and employment policy.
Follow her on Twitter at twitter.com/stephaniekelton.
The 21st Annual International Conference on Economics and Security will be held at the Royal Military Academy, Brussels on 22nd - 23rd June 2017.
The conference aims to provide an opportunity for economists, political scientists and others from around the world to share ideas and discuss the future developments in the following areas:
Further information on the organisation of the conference will posted on the conference website soon.
If you would like to present a paper, please send a title and an abstract of maximum 300 words before 1st April 2017 to email@example.com
Economists for Peace and Security works to promote non-military solutions to world challenges, and more broadly to work towards freedom from fear and want for all.
Dr. Arrow, who spent the majority of his career at Stanford University as an economics professor, was the youngest recipient of the Nobel Prize for Economic Sciences. He was 51 when he shared the Nobel with British economist Sir John Hicks in 1972 for their contributions to welfare economics and general equilibrium theory, a branch of economics that studies the behavior of supply and demand for multiple firms in a competitive market.
Dr. Arrow came from a prodigious family of economists that includes his nephew Lawrence H. Summers , president emeritus of Harvard University, former Treasury secretary and former director of the White House National Economic Council, and his late brother-in-law Paul A. Samuelson , the first American to win the Nobel Prize in economics, in 1970. His sister Anita and her late husband, Robert Summers, taught economics at the University of Pennsylvania.
Throughout his career in academia, Dr. Arrow was a mentor to scores of graduate students, several of whom became Nobel laureates: John C. Harsanyi , Eric S. Maskin, Roger B. Myerson, A. Michael Spence and Joseph E. Stiglitz.
The evolution of economics in the post-World War II decades was “very inspired by Arrow’s results, his systematic thoughts, the understanding he generated, the questions he raised and the inspiration [his work] provided to young people,” the economist and Nobel laureate Amartya Sen said in an interview with The Washington Post.
He was widely respected for the breadth and depth of his research— including its impact on disciplines as diverse as political science, philosophy and statistics.
“He is certainly one of the giants of 20th-century economic theory,” said Nobel laureate Robert Aumann, a mathematician. “More so, I think, in the second half of the 20th century he absolutely had more of an impact than anyone else.”
Dr. Arrow helped transform economic theory into a mathematical science. He used his statistical and mathematics background to develop theorems that better explained holes in economic theory that had not been well-defined or, in some circumstances, discovered.
“I think my biggest hopes were methodological — to apply new developments in mathematics to economics,” he told Challenge: The Magazine of Economic Affairs, in 2000.Read the full Washington Post Obituary here.