Michael Goldberg

Todd H. Crockett Professor of Economics
University of New Hampshire

Michael D. Goldberg is the Todd H. Crockett Professor of Economics at the University of New Hampshire and a senior research associate at the Institute for New Economic Thinking (INET). He has written extensively in the fields of International Finance and Macroeconomics and his columns on asset price fluctuations and policy reform have been published by leading newspapers in more than 50 countries. His bestselling books, Imperfect Knowledge Economics: Exchange Rates and Risk (Princeton University Press, 2007) and Beyond Mechanical Markets: Asset Price Swings, Risk, and the Role of the State (Princeton University Press, 2011) both co-authored with Roman Frydman, propose a new approach to macroeconomic modeling that recognizes that rational individuals’ decision making and the social context within which they must act change in ways that are, in part, open. Beyond Mechanical Markets was a finalist for the 2011 TIAA-CREF Paul A. Samuelson Award. The book was also one of the Financial Times non-fiction favorites of 2011, commended by its chief economics commentator, Martin Wolf, and James Pressley of Bloomberg News selected it as a top business book of 2011. Both Imperfect Knowledge Economics and Beyond Mechanical Markets are translated into multiple foreign languages.

My Video Content

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The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 2 Q&A: Has the Efficient Market Hypothesis Led to the Crisis? Collapsed with The Crisis?

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The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 2: Has the Efficient Market Hypothesis Led to the Crisis? Collapsed with The Crisis?

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Discussion and Q&A at the panel entitled "Managing the Global Commons: Growth, Inequality, and New Thinking for Sustainable Economics" at the Institute for New Economic Thinking's (INET) Paradigm Lost Conference in Berlin. April 14, 2012. #inetberlin

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Michael Goldberg, Roland H. O'Neal Professor, Whittemore School of Business and Economics, University of New Hampshire speaking at the breakout panel entitled "Instability in Financial Markets: Sources and Remedies" at the Institute for New Economic Thinking's (INET) Paradigm Lost Conference in Berlin. April 14, 2012. #inetberlin

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How do you model the unmodelable? By taking seriously the idea of non-routine change. Simply put, change in capitalist economies is to a significant degree non-routine, and thus cannot be adequately forecasted or represented in advance with mechanical rules and procedures. In this groundbreaking area of inquiry, four INET grantees lead the way.