George de Menil

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George de Menil
George de Menil.JPG
At CASE, Centre for Social and Economic Research
Born (1940-12-04) December 4, 1940 (age 78)
Clairac, Normandy
NationalityFrench
FieldMacroeconomics
Alma materMassachusetts Institute of Technology
Doctoral
advisor
Edwin Kuh
Doctoral
students
Hélène Rey
Information at IDEAS / RePEc

George de Menil (born December 4, 1940) is a macroeconomics policy advisor, European political commentator, and professor emeritus of economics in France and the United States.

Early years[edit]

Educated at Phillips Exeter Academy, Harvard University (BA), and the Massachusetts Institute of Technology (PhD), he was one of the four co-authors of a 1966 historical study edited by sociologist Laurence Wiley, Chanzeaux, a village in Anjou.[1] de Menil’s PhD thesis focused on how wage rates are determined, and was published by MIT Press as "Bargaining: Monopoly Power vs. Union Power."[2] It employed an economic model cited by Solow in a later work.[3] He worked as head of the Quarterly Forecasting Model Group of the French Ministry of Finance.[4] In 2000, he published Economic Reform in Ukraine: The Unfinished Agenda, jointly edited with Anders Aslund.[5]

de Menil made efforts to reform the Ukrainian and Romanian[6]– and later the Yugoslav banking systems[7] In 2004 he defended the idea of a European constitution, but called into question enshrining social rights within it, a position he put forth in a book written for a Euro-sceptic French audience "Quelle Constitution pour l’Europe?" [8] He is president of the American Foundation for PSE.[9]

Subsequent career[edit]

In 2007 he published a book written for a lay audience looking at French social problems from the angle of American experiences: inner-city ghettos, unemployment, immigration, educational failings. The book, Common Sense: Pour débloquer la société française,[10] makes an unpopular case (in France) in favor of affirmative action, lowering the minimum wage (known in French as the SMIC), and charging sliding-scale fees for university education.[11] On the basis of this book, the Academy of Moral and Political Sciences at the Institut de France awarded him in 2007 a prize for an outstanding publication in the social sciences.[12]

In January 2015, de Menil was awarded a prize from France’s Société d’Economie Politique for an article in the journal Commentaire querying the role of economists in causing the 2008 global economic crisis and urging greater prudence and humility across the social sciences.[13] In April 2015, he was appointed one of ten external members to the division of Political Economy, Statistics and Finance of the French Académie des Sciences Morales et Politiques.[14] In 2008, he contributed to a report published by that academy on the topic of teaching methods for economics [15]

References[edit]

  1. ^ Chanzeaux a village in Anjou. (editor Laurence Wylie) Harvard University Press, 1966.
  2. ^ Bargaining Monopoly Power vs. Union Power. MIT Press, Cambridge Massachusetts, 1971.
  3. ^ Ian M. McDonald and Robert M. Solow, "Wage Bargaining and Employment," American Economic Review, Vol. 71, No. 5 (December 1981), pp. 896-908. Reference to George de Menil's model is on p. 902.
  4. ^ Nation Bureau of Economic Research https://www.nber.org/chapters/c9790.pdf
  5. ^ Ukrainian Economic Reform: The Unfinished Agenda. (edited with Anders Aslund), M.E. Sharpe, Armonk NY, 2000.
  6. ^ Profile of George de Menil's work, including in the Ukraine and Romania, with the Center for Social and Economic Research (CASE) http://www.case-research.eu/en/node/51508
  7. ^ “Restructuring of the Yugoslav Banking System,” Report of a UNDP and Kennedy School of Government team of experts, 2001
  8. ^ Quelle Constitution pour l’Europe? (edited with Thierry Chopin), Fondation Robert Schuman, 2004.
  9. ^ "American Foundation for PSE". parisschoolofeconomics.eu. Retrieved 27 April 2015.
  10. ^ Common Sense: pour débloquer la société française. Odile Jacob, Paris, 2007.
  11. ^ Radio discussion on France Culture about the book Common Sense http://www.franceculture.fr/oeuvre-common-sense-pour-d%C3%A9bloquer-la-soci%C3%A9t%C3%A9-fran%C3%A7aise-de-georges-de-m%C3%A9nil.html
  12. ^ http://www.econ.fudan.edu.cn/userfiles/file/20100830044106888.pdf
  13. ^ G de Menil “La science économique et le contrôle du risque macroéconomique : une illusion dangereuse » in Commentaire 2014 https://www.societedeconomiepolitique.org/sites/default/files/146_DEMENIL.PDF
  14. ^ List of correspondent members of the Académie des Sciences Morales et Politiques http://www.asmp.fr/presentation/correspondants.htm
  15. ^ "L'enseignement de l'economie dans les lycees"

External links[edit]