Interview with Edward J. Nell
‘A great deal of neoclassical theory is set in cloud-cuckoo-land’
Edward J. Nell attended Princeton University, USA, and then Oxford University, UK, as a Rhodes Scholar. He taught at Wesleyan University, USA, and then at the University of East Anglia, UK. He became Professor at the Graduate Faculty of the New School for Social Research, USA, in 1969 – making him the youngest full professor in the Economics profession (superseded rapidly by Joe Stiglitz, however) – and he remained there until his retirement in 2014. He was awarded the Malcolm B. Smith Chair as Professor of Economics in 1990, and served for many years as the Chair of the Economics Department. He is currently the chief economic advisor to the CEO of Recipo Corp, a trading company that issues a special-purpose currency.