Andrei Shleifer

Andrei Shleifer

Andrei Shleifer is an American economist, a university professor, and a Nobel Prizewinner for his contribution to the field of economics. He is most well-known for his work on behavioral models of financial markets and his research on the Russian transition from communism to capitalism. Throughout his career, he has held numerous prestigious positions, including a post as the chief economic advisor to the Russian Government in the 1990s.

Andrei Shleifer was born in 1956 in Moscow, Russia. He excelled in school, earning excellent grades and graduating from Moscow State University with a Masters in 1979. He then was accepted as a visiting scholar at University of Chicago, where he earned his PhD in Economics in 1986, when he decided to stay in the United States. He subsequently held the post of professor of economics at Harvard University.

Throughout his career, Andrei Shleifer has made numerous contributions to the study of finance, economics and economic theory. He is most renowned for his work on behavioral models of financial markets, and for his research into the Russian post-communist transition. His work, initially focused on financial development and the effects of financial uncertainty have since been studied and expanded on by other leading economists and academicians, including his coauthor, Lawrence Summers. His research into the Russian transition from communism to capitalism, which often considered a difficult task, yielded fruitful results and was widely recognized by many leading economists, making him a renowned and respected figure in the field of economics.

Shleifer is also noted for a number of other achievements related to economics, including the founding and managing of a venture capital firm, Commonwealth Capital Management, as well as the Institute for Economic Policy Research, and several other publications.

Throughout his career, Andrei Shleifer has achieved a great deal of recognition, awards, and honors. He has been the recipient of numerous awards such as the American Finance Association's Ross Prize in Financial Economics, and the John Bates Clark Medal for young economists. He also received the Nobel Memorial Prize in Economic Sciences in 2015 for his work on financial markets and the Russian transition from communism to capitalism.

Andrei Shleifer has written and co-written several books including Incentives and Risk Sharing in Financial March, The Limits of Arbitrage, and The Dark Side of the Force: Economic Foundations of Conflict Theory. He also co-authored The Essential Shleifer: Selected Writings, which is considered a must-read for anyone interested in economics and finance.

In conclusion, Andrei Shleifer is a renowned American economist who has made fundamental contributions to the field of economics. His work on financial markets and the Russian post-communist transition earned him the Nobel Memorial Prize in Economic Sciences, and he is well-known for founding and managing venture capital firms and institutes. He has also co-authored and written various books, the most relevant being his collection of writings, The Essential Shleifer: Selected Writings.

Author books:

A Crisis of Beliefs: Investor Psychology and Financial Fragility

A Crisis of Beliefs: Investor Psychology and Financial Fragility

A nuanced exploration of investor psychology and its role in creating financial fragility in the markets.