Axel Leijonhufvud

Professor of Economics
University of California, Los Angeles

Dr. Leijonhufvud was born in Stockholm, Sweden and obtained his bachelor=s degree at the University of Lund. After coming to the United States in 1960, he earned an M.A. from the University of Pittsburgh and his Ph.D. from Northwestern University. He came to the University of California at Los Angeles in 1964 and was named Full Professor in 1971, served repeatedly as Department Chairman, and retired from UCLA in 1994. From 1995 he was Professor of Monetary Theory and Policy at the University of Trento, Italy and became Professore emerito of that University in 2009.

Professor Leijonhufvud has honorary degrees from the University of Lund, Sweden, and the University of Nice, Sophia-Antipolis, in France. He has been a Fellow of the Institute of Advanced Studies in Princeton and at the Centers for Advanced Studies in Vienna and in Jerusalem and he is an Overseas Fellow of Churchill College, Cambridge. He has lectured widely and has been a visiting professor at a number of universities including the European University Institute, Florence, Stockholm School of Economics, University of Konstanz, University of Strasbourg, Nihon University in Tokyo, and Instituto Torcuato di Tella in Buenos Aires. He has testified before Congress on issues of banking and monetary policy and has been an economic advisor to the President of Kazakhstan as well as a consultant to Russian regional governments. He has been included in 100 Great Economists Since Keynes (M. Blaug, editor), in the International Who's Who, Who's Who in America, etc.

Dr. Leijonhufvud's best-known work, On Keynesian Economics and the Economics of Keynes: A Study in Monetary Economics (Oxford,1968) was translated into German, Italian, Spanish, Japanese, Serbo-Croatian and Chinese. This line of research was pursued further in Information and Coordination (Oxford: 1981) and (with Daniel Heymann) in High Inflations (Oxford, 1995). Other books: Macroeconomic Instability and Coordination: Selected Essays: Cheltenham: Edward Elgar 2000, Informazione, coordinamento e instabilitá macroeconomica (collection of essays edited by Elisabetta de Antoni): Roma: Editori Laterza 2004, Organización e inestabilidad económica: Ensayos elegidos: Buenos Aires: Temas 2006. Leijonhufvud has published numerous articles in professional journals and collected volumes. Since 2007 he has written frequently for the CEPR Policy Insight series and VoxEU.

My Additional Content

Paper given at the Conference @ King's, April 8th-11th, 2010.

My Video Content

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The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 3: What Kind of Theory to Guide Reform and Restructuring of the Financial and Non-Financial Sectors?

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INET Advisory Board members John Shattuck and Axel Leijonhufvud discuss economics following the financial crisis and flawed assumptions.

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George Soros opens the Institute for New Economic Thinking (INET) Paradigm Lost Conference at the Foreign Ministry in Berlin April 2012. Perry Mehrling and Axel Leijonhufvud respond. #inetberlin

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Axel Leijonhufvud, Professor of Economics, UCLA speaks on panel entitled "The Challenge of DeLeveraging and Overhangs of Debt I: Inflation and Austerity" at the Institute for New Economic Thinking's (INET) Paradigm Lost Conference in Berlin. April 13, 2012. #inetberlin