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bhide@columbia.edu

Amar Bhidé is the Glaubinger Professor of Business at Columbia University, editor of Capitalism and Society, member of the Council on Foreign Relations, and the author of The Origin and Evolution of New Businesses (Oxford, 2000) and The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World (Princeton, 2008). A former McKinsey & Company consultant, Bhidé was educated at the Indian Institute of Technology and Harvard Business School, where he graduated as a Baker Scholar and later served as an associate professor.

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pb2208@columbia.edu

Patrick Bolton is the Barbara and David Zalaznick Professor of Business, and Co-Director of the Center for Contracts and Economic Organization at the Columbia Law School. His areas of interest are in contracting issues in corporate finance and industrial organization. A central focus of his work is on the allocation of control and decision rights to contracting parties when long-term contracts are incomplete. This issue is relevant in many different contexts including: the firm’s choice of optimal debt structure, corporate governance, the boundaries of the firm, and constitution design. His work in industrial organization focuses on antitrust economics and the potential anticompetitive effects of various contracting practices. He recently published Contract Theory, MIT Press (2005), with Mathias Dewatripont and co-edited Credit Markets for the Poor, Russell Sage Foundation (2005), with Howard Rosenthal.

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gc2289@columbia.edu

Guillermo Calvo has been Professor of Economics and International and Public Affairs at Columbia University since January 2007, and is a Research Associate at the National Bureau of Economic research (NBER). He is the former Chief Economist of the Inter-American Development Bank (2001-2006), President of the Latin American and Caribbean Economic Association, LACEA (2000-2001), and President of the International Economic Association, IEA (2005-2008). He has advised several governments in Latin America and Eastern Europe and has testified before the U.S. Congress on dollarization and the 1994 Mexican crisis. His main field of expertise is macroeconomics of Emerging Market and Transition Economies and his recent work has dealt extensively with capital flows and balance-of-payments crises in Emerging Market Economies. His latest book, Emerging Capital Markets in Turmoil: Bad Luck or Bad Policy?, was published in 2005 by MIT Press.

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gd14@columbia.edu

Graciana del Castillo is an expert on crisis, both in countries coming out of conflict and out of financial crises. Before joining the CCS in August 2008 as Associate Director and Research Scholar, she was a partner at the Macro-economics Advisory Group (MAG) and a Director at the Centennial Group (CGLA). Previously she held senior positions at Standard & Poor’s, the IMF and the Cabinet of the UN Secretary-General and was Adjunct Professor at Columbia since 1990. She has published in top economic and political science journals and her articles have appeared in over 60 newspapers worldwide. Her book Rebuilding War-Torn States was published by Oxford University Press in 2008.

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mfox1@law.columbia.edu

Merritt Fox is the Michael E. Patterson Professor of Law, NASDAQ Professor for the Law and Economics of Capital Markets, and Co-Director of the Center for Law and Economic Studies at the Columbia Law School. He is a graduate of the Yale Law School and also received a Ph.D. in economics from Yale. Prior to entering academia, Professor Fox practiced with the New York City firm of Cleary, Gottlieb, Steen & Hamilton. His teaching and research have centered in the areas of corporate and securities law, law and economics, and international securities regulation and comparative corporate law. His recent work has focused on the regulation of corporate disclosure, the appropriate reach of U.S. securities regulation with respect to transnational transactions, reform of private securities litigation, and the impact of securities and corporate law on the level of innovation in the economy. Professor Fox is past chair of the Business Associations section of the American Association of Law Schools.

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roman.frydman@nyu.edu

Roman Frydman, Professor of Economics at New York University since 1995, was one of the early critics of the Rational Expectations Hypothesis (REH). In the 1983 volume, which he co-edited with Edmund Phelps (Individual Forecasting and Aggregate Outcomes: “Rational Expectations” Examined, Cambridge University Press), they showed that REH suffers from fundamental epistemological flaws. In the 1990s, Frydman collaborated with Andrzej Rapaczynski on a multi-country research and policy project on the "transition" in Eastern Europe. Their numerous books and articles are well-known for their breadth and insightful analysis. In recent years, Frydman has worked on a new approach to macroeconomic analysis that jettisons the Rational Expectations Hypothesis, and recognizes that, in making decisions, rational individuals must cope with imperfect knowledge. His path-breaking book with Michael Goldberg, Imperfect Knowledge Economics was published by Princeton University Press in 2007.

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rgilson@law.columbia.edu

Ronald Gilson is the Charles J. Meyers Professor of Law and Business at Stanford Law School, and the Marc and Eva Stern Professor of Law and Business at Columbia University School of Law. Before joining the Stanford Law School faculty in 1979, Gilson was a partner at a San Francisco corporate law firm. An experienced practitioner of corporate and securities law before entering academia, he is the author of major casebooks on corporate finance and corporate acquisitions. He clerked for Chief Judge David L. Bazelon of the U.S. Court of Appeals for the District of Columbia Circuit. He has written widely on U.S. and comparative corporate governance and on venture capital and was a reporter of the American Law Institute’s Corporate Governance Project. He is a fellow of the American Academy of Arts and Sciences and the European Corporate Governance Institute, and is the board chair for American Century Mountain View Mutual Funds, managing over $26 billion in assets.

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bg7@columbia.edu

Bruce Greenwald is the R. Heilbrun Professor of Asset Management, Graduate School of Business, Columbia University.  He is a wide-ranging authority on financial markets and corporate behavior. Among several roles, he is perhaps best known for his research in the 1980s with Joseph Stiglitz on the effects of corporate debt on investment and economic activity.

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rgh1@columbia.edu

R. Glenn Hubbard is Dean of Columbia University's Graduate School of Business and the Russell L. Carson Professor of Finance. He has done much-cited research on financial factors in corporate performance, including his influential work on the burdens of dividend taxation. From 2001 - 2003 he served as Chairman of the Council of Economic Advisers.

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rrn2@columbia.edu

Richard Nelson heads the program on Science, Technology, and Global Development, at the Columbia Earth Institute, and is George Blumenthal Professor of International and Public Affairs, Business, and Law, at Columbia, Emeritus, and Visiting Professor at the University of Manchester. He has served as research economist and analyst at the Rand Corporation, and at the President’s Council of Economic Advisors. His central interests have been in long-run economic change. Much of his research has been directed toward understanding technological change, how economic institutions and public policies influence the evolution of technology, and how technological change in turn induces institutional and economic change more broadly. Along with Sidney Winter, he has pioneered in trying to develop a way of economic theorizing that recognizes explicitly that the economy is almost always undergoing change, most of it unpredictable, and that theories that assume that economic agents understand well the context in which they are operating, and that the system is in equilibrium, are inadequate for analysis of many important economic questions. His book with Winter, An Evolutionary Theory of Economic Change is widely recognized as a landmark in this field.

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jao@snet.net

Janusz Ordover is Professor of Economics at New York University. Formerly chief economist for anti-trust in the Department of Justice, he is one of the world's authorities on the economics of market organization. Early in his career he worked with Oskar Lange in Warsaw, Edmund Phelps at Columbia, and William Baumol at NYU.

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esp2@columbia.edu

Edmund Phelps is the McVickar Professor of Political Economy at Columbia University and the winner of the 2006 Nobel Prize in Economics. His career began with a stint at the RAND Corporation. Back east in 1960, he held appointments at Yale and its Cowles Foundation until 1966, then a professorship for five years at Penn. In 1970 he moved to New York and joined Columbia in 1971. Phelps's work can be seen as a program to put "people as we know them" back into economic models - to take into account the incompleteness of their information and their knowledge and to study the effects of their expectations and beliefs on the workings of markets. He has adopted this perspective in studying unemployment and inclusion, economic growth, business swings and economic dynamism. Phelps was elected a Fellow of the National Academy of Science in 1982 and made a Distinguished Fellow of the American Economic Association in 2000. In 2008 he was named Chevalier of the Legion of Honor and was awarded the Premio Pico della Mirandola for humanism and the Kiel Global Economy Prize. In the same year the University of Buenos Aires Law School established the Catedra Phelps for Programs on Dynamism and Inclusion. He also holds many honorary doctorates and several honorary professorships. An extraordinary tribute occurred when scholars came from around the world for a large Festschrift conference in his honor just three weeks after 9/11.

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ar5@columbia.edu

Andrzej Rapaczynski is the Daniel G. Ross Professor of Law at Columbia University. He is known by economists for his research in the 1990s with Roman Frydman on the "transition" in Eastern Europe. Their survey of a wide sample of firms in Eastern Europe yielded important evidence on the impact of ownership on firm performance. Rapaczynski's other work is at the interstices of law, economics, and political science. He is also the author of Nature and Politics, a book on the political theories of Hobbes, Locke, and Rousseau.

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sachs@columbia.edu

Jeffrey Sachs is Director of The Earth Institute, Quetelet Professor of Sustainable Development, and Professor of Health Policy and Management at Columbia University. He is also Special Advisor to UN Secretary-General Ban Ki-moon.  Sachs is also President and Co-Founder of Millennium Promise Alliance, a nonprofit organization aimed at ending extreme global poverty.

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robert.shiller@yale.edu

Robert Shiller is the Arthur M. Okun Professor of Economics, Department of Economics and Cowles Foundation for Research in Economics, Yale University, and Professor of Finance and Fellow at the International Center for Finance, Yale School of Management. He has written widely on financial markets, behavioral economics, macroeconomics, and on public attitudes, opinions, and moral judgments regarding markets. His views gained wide notice in spring 2000 with his perfectly timed prediction that the stock market would prove to be greatly overvalued. His latest work is a catalog of new financial instruments to reduce risk without reducing efficiency.

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jes322@columbia.edu

Joseph Stiglitz is a University Professor at Columbia University, Chair of Columbia's Committee on Global Thought, and Executive Director of Columbia's Initiative for Policy Dialogue. He was the recipient of the 2001 Nobel Prize for his pioneering research on asymmetric information and its application to financial markets. Stiglitz was a member of the Council of Economic Advisers from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000. Stiglitz was oriented by his experience at the World Bank to a range of global issues. While his criticisms of aspects of globalization and privatization are well-known, some basic work of his on the value of capitalist competition in innovation is at the core of the Center.

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winter@wharton.upenn.edu

Sidney Winter is the Deloitte and Touche Professor of Management, Emeritus at the Wharton School of the University of Pennsylvania. His career has included a total of about eight years in policy research or government roles. The rest has been spent in academe, often with one foot in the economics department and the other in public policy or management. From the start, he has pursued a theoretical perspective on firm behavior that is more realistic than the neoclassical standard brand and also provides better foundations and stronger links to studies of innovation, organization and managerial practice. With Richard Nelson he developed the leading modern statement of an evolutionary view of economics, which in its firm-level aspects seems to meet the requirements just named. Outside of the domains of firm behavior and evolutionary theory, he has published on a variety of topics, ranging from general equilibrium theory to weather forecasting and beyond. In 2008 he became the fourth recipient of the Viipuri Prize in Strategic Management, awarded in Lappeenranta, Finland, and was named the Distinguished Lecturer of the Technology and Innovation Management division of the Academy of Management.

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