Michele Boldrin
   HOME

TheInfoList



OR:

Michele Boldrin (; 20 August 1956) is an Italian-born economist, academic and former politician expert in economic growth,
business cycles Business cycles are intervals of expansion followed by recession in economic activity. These changes have implications for the welfare of the broad population as well as for private institutions. Typically business cycles are measured by examini ...
,
technological progress Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, ...
and
intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, cop ...
. He is the Joseph Gibson Hoyt Distinguished Professor in Arts & Sciences at
Washington University in St. Louis Washington University in St. Louis (WashU or WUSTL) is a private research university with its main campus in St. Louis County, and Clayton, Missouri. Founded in 1853, the university is named after George Washington. Washington University is r ...
. Along with his colleague and coauthor
David Levine David Levine (December 20, 1926 – December 29, 2009) was an American artist and illustrator best known for his caricatures in ''The New York Review of Books''. Jules Feiffer has called him "the greatest caricaturist of the last half of the ...
, he was part of the group of 200 economists publicly opposing the
American Recovery and Reinvestment Act of 2009 The American Recovery and Reinvestment Act of 2009 (ARRA) (), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Gr ...
. He later publicly defended his position on the issue in various international media, including a public debate with
Brad DeLong James Bradford "Brad" DeLong (born June 24, 1960) is an economic historian who is a professor of economics at the University of California, Berkeley. DeLong served as Deputy Assistant Secretary of the U.S. Department of the Treasury in the Clin ...
.


Biography

Boldrin was born and raised in
Padua Padua ( ; it, Padova ; vec, Pàdova) is a city and ''comune'' in Veneto, northern Italy. Padua is on the river Bacchiglione, west of Venice. It is the capital of the province of Padua. It is also the economic and communications hub of the ...
,
Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...
, and later moved to
Venice Venice ( ; it, Venezia ; vec, Venesia or ) is a city in northeastern Italy and the capital of the Veneto region. It is built on a group of 118 small islands that are separated by canals and linked by over 400 bridges. The isla ...
. He did his undergraduate studies at the
University of Venice Ca' Foscari University of Venice ( it, Università Ca' Foscari Venezia, simply Università Ca' Foscari) is a public university in Venice, Italy. Since its foundation in 1868, it has been housed in the Venetian Gothic palace of Ca' Foscari, from ...
. He then received his M.S. (1985) and Ph.D. (1987) in
economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...
from the
University of Rochester The University of Rochester (U of R, UR, or U of Rochester) is a private university, private research university in Rochester, New York. The university grants Undergraduate education, undergraduate and graduate degrees, including Doctorate, do ...
in New York, under the supervision of
Lionel McKenzie Lionel Wilfred McKenzie (January 26, 1919 – October 12, 2010) was an American economist. He was the Wilson Professor Emeritus of Economics at the University of Rochester. He was born in Montezuma, Georgia. He completed undergraduate studies at ...
. Before moving to
St. Louis St. Louis () is the second-largest city in Missouri, United States. It sits near the confluence of the Mississippi and the Missouri Rivers. In 2020, the city proper had a population of 301,578, while the bi-state metropolitan area, which e ...
in the Fall of 2006, he has taught at
University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private university, private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park, Chicago, Hyde Park neighborhood. The University of Chic ...
(1986–87),
UCLA The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California. UCLA's academic roots were established in 1881 as a teachers college then known as the southern branch of the California ...
(1987–94), Kellogg School of Management (1990–94),
Charles III University of Madrid University Charles III of Madrid ( es, Universidad Carlos III de Madrid) (UC3M) is a public university in the Community of Madrid, Spain. Established in 1989, UC3M is an institution with a distinctly international profile. It offers a broad rang ...
(1994–99), and
University of Minnesota The University of Minnesota, formally the University of Minnesota, Twin Cities, (UMN Twin Cities, the U of M, or Minnesota) is a public land-grant research university in the Twin Cities of Minneapolis and Saint Paul, Minnesota, United States. ...
(1999–2006). He is a research fellow at the
Federal Reserve Bank of St. Louis The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the United States' central bank. Missouri is the only state to have two main Federal Reserve Banks (Ka ...
since 2006. He is a Fellow of the
Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...
, a past Associate Editor of ''
Econometrica ''Econometrica'' is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics. It is published by Wiley-Blackwell on behalf of the Econometric Society. The current editor-in-chief is ...
'' and (past) Editor and (current) Associate Editor of the '' Review of Economic Dynamics'', among other academic journals. He (co-)wrote four books and was a visiting professor in
Barcelona Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within ci ...
,
Rio de Janeiro Rio de Janeiro ( , , ; literally 'River of January'), or simply Rio, is the capital of the state of the same name, Brazil's third-most populous state, and the second-most populous city in Brazil, after São Paulo. Listed by the GaWC as a ...
,
Mexico City Mexico City ( es, link=no, Ciudad de México, ; abbr.: CDMX; Nahuatl: ''Altepetl Mexico'') is the capital city, capital and primate city, largest city of Mexico, and the List of North American cities by population, most populous city in North Amer ...
,
Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ...
, and a number of other places. He is affiliated with CEPR and director of FEDEA. He is one of the founding editors of the Italian blog ''noiseFromAmerika'' and he contributes regularly to ''Against Monopoly'' and ''Nada es Gratis'', which are respectively in English and Spanish. His two most recent books are ''Against Intellectual Monopoly'', coauthored with David K. Levine (CUP, 2008) and ''Tremonti, istruzioni per il disuso'', coauthored with Alberto Bisin, Sandro Brusco, Andrea Moro and Giulio Zanella (Ancora, 2010), in Italian. Before the 2013 Italian general election, he co-founded with economist
Luigi Zingales Luigi Zingales (; born 8 February 1963 in Padua, Italy) is a finance professor at the University of Chicago Booth School of Business and the author of two widely-reviewed books. His book '' Saving Capitalism from the Capitalists'' (2003) is a stu ...
and journalist
Oscar Giannino Oscar Fulvio Giannino (born 1 September 1961) is an Italian journalist and politician: he is the former president of the free-market oriented party Act to Stop the Decline. He was born in Turin, the capital city of Piedmont, Italy. He soon star ...
the political movement
Act to Stop the Decline Act to Stop the Decline ( it, Fare per Fermare il Declino, Fare or FFD) was a liberal political party in Italy, founded in 2012 as Stop the Decline (''Fermare il Declino'', FiD). Oscar Giannino and Michele Boldrin have been its main leaders. H ...
. Because of the poor results the party achieved in the
2014 European Parliament election The 2014 European Parliament election was held in the European Union, from 22 to 25 May 2014. It was the 8th parliamentary election since the first direct elections in 1979, and the first in which the European political parties fielded candid ...
, he resigned. Later on, he focused on his own
YouTube YouTube is a global online video sharing and social media platform headquartered in San Bruno, California. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is owned by Google, and is the second mo ...
channel and founded in late 2018 a libertarian think-tank called Liberi Oltre le illusioni (Free Beyond Illusions). Boldrin is a member of the Board of Trustees and the Scientific Council of Foundation IMDEA Social Sciences.


Political and scientific views

He has been an outspoken critic of
Modern Monetary Theory Modern Monetary Theory or Modern Money Theory (MMT) is a heterodox * * * * * * macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of t ...
, debating with American economist
Warren Mosler Warren Mosler (born September 18, 1949) is an American hedge fund manager and entrepreneur. He is a co-founder of the Center for Full Employment And Price Stability at University of Missouri-Kansas City. and the founder of Mosler Automotive. Mosl ...
, as well as Italian journalist
Paolo Barnard Paolo Rossi-Barnard (born 2 January 1958) is an Italian journalist and documentary maker. Biography Born in Bologna, Italy, after his bachelor's degree in Psychology, he began his media career at RAI, for the Italian public television program '' ...
. In his youth, he has been an Avanguardia Operaia supporter, while taking office as provincial secretary of the
Italian Communist Youth Federation The Italian Communist Youth Federation ( it, Federazione Giovanile Comunista Italiana, FGCI) was the youth wing of the Italian Communist Party (''Partito Comunista Italiano''; PCI), and the direct heir of the Federazione Giovanile Comunista d'Ita ...
. Later on he, was a
GOP The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the Two-party system, two Major party, major contemporary political parties in the United States. The GOP was founded in 1854 by Abolitionism in the United Stat ...
and Lega Nord supporter, advocating for more
cultural liberal Cultural liberalism is a social philosophy which expresses the social dimension of liberalism and advocates the freedom of individuals to choose whether to conform to cultural norms. In the words of Henry David Thoreau, it is often expressed a ...
positions, and later endorsed Italian anti-religious activist
Marco Cappato Marco Cappato (; born 25 May 1971) is an Italian activist and politician. Cappato was an Italian Member of the European Parliament from 1999 to 2009. He represented the Bonino List within the Alliance of Liberals and Democrats for Europe parli ...
. He is critical of
More Europe More Europe ( it, Più Europa or ''+Europa''; +E or +Eu) is a liberal and pro-Europeanist political party in Italy, part of the centre-left coalition and member of the Alliance of Liberals and Democrats for Europe Party. Its leaders are Emma ...
, the party Cappato belongs to, especially criticizing their economic plan, as well as the alliances within the party, and defined the members of the party as "sell-outs". He compared the
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of P ...
-led GOP to the Italian right-wing party Lega Nord (after the rise of
Matteo Salvini Matteo Salvini (; born 9 March 1973) is an Italian politician who has served as Deputy Prime Minister of Italy and Minister of Infrastructure and Transport since 2022. He has been Federal Secretary of Italy's Lega Nord (Northern League) party s ...
), as well as to Berlusconism. He criticized
Nassim Taleb Nassim Nicholas Taleb (; alternatively ''Nessim ''or'' Nissim''; born 12 September 1960) is a Lebanese-American essayist, mathematical statistician, former option trader, risk analyst, and aphorist whose work concerns problems of randomness, ...
, as well as
econophysics Econophysics is a heterodox interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynam ...
in general, debating with Italian geologist Francesco Sylos Labini, son of the Schumpeterian economist
Paolo Sylos Labini Paolo Sylos Labini (30 October 1920 – 7 December 2005) was an Italian economist and a key figure in the economic debate in post-World War II Italy. He was a professor of political economy at Sapienza University of Rome and an active member o ...
.


Research

Michele Boldrin conducts ongoing research in dynamic general equilibrium
theory A theory is a rational type of abstract thinking about a phenomenon, or the results of such thinking. The process of contemplative and rational thinking is often associated with such processes as observational study or research. Theories may be ...
, focusing specifically on the sources of business fluctuations, growth and development,
technological innovation Technological innovation is an extended concept of innovation. While innovation is a rather well-defined concept, it has a broad meaning to many people, and especially numerous understanding in the academic and business world. Innovation refers t ...
, and
intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, cop ...
. Collaborating with David K. Levine, Boldrin examines the role played by competitive versus monopolistic markets in growth and innovation. They posit that little evidence exists for the presence of increasing returns at the aggregate level, and thus argue that there is no reason to believe that increasing returns play an important role in actual economic growth. This implies that, in theory as in practice, competitive markets favor and promote continued growth and innovation, whereas monopoly power is not necessary and probably harmful to technological change and economic development. Their theory concludes that existing claims for the necessity of intellectual property in the process of growth and innovation are greatly exaggerated.


Books

* Michele Boldrin and David K. Levine, ''Against Intellectual Monopoly'',
Cambridge University Press Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by King Henry VIII in 1534, it is the oldest university press in the world. It is also the King's Printer. Cambridge University Pre ...
, 2008.


References


External links

*
Michele Boldrin's biography

Publications
from the
Open Library Open Library is an online project intended to create "one web page for every book ever published". Created by Aaron Swartz, Brewster Kahle, Alexis Rossi, Anand Chitipothu, and Rebecca Malamud, Open Library is a project of the Internet Archive, ...
.
Blog
on
il Fatto Quotidiano ''il Fatto Quotidiano'' (English: "The Daily Fact") is an Italian daily newspaper owned by ''Editoriale Il Fatto SpA'' published in Rome, Italy. It was founded on 23 September 2009 and was edited by Antonio Padellaro until 2015, when Marco Trav ...

NoiseFromAmerika
* {{DEFAULTSORT:Boldrin, Michele 1956 births Living people Washington University in St. Louis faculty University of Rochester alumni Intellectual property activism Politicians from Padua People from St. Louis University of Minnesota faculty Northwestern University faculty Academic staff of the Charles III University of Madrid Fellows of the Econometric Society Italian emigrants to the United States Economists from Missouri 21st-century American economists Act to Stop the Decline politicians