repec_prefix birth_place school_tradition influences color nationality article_title field institution birth_date residence repec_id name
f columbus , ohio , usa classical neo-ricardian economics , neoclassical economics , alternatives to capitalism economics , marxian economics , keynesian economics , karl Étienne balibar , sergei bortkiewicz , nikolai bukharin , samuel marx bowles , maurice dobb , william baumol , luigi pasinetti , , erik lindahl michel aglietta , louis althusser , red american duncan k. foley
 economics new school of social research and santa fe institute 15 june 1942 united states pfo220 duncan k. foley
duncan k. foley

duncan k. foley -lrb- born june 15 , 1942 -rrb- is an american economist .
he is the leo model professor of economics at the new school for social research and an external professor at the santa fe institute .
previously , he was associate professor of economics at mit and stanford , and professor of economics at columbia university -lrb- barnard college and columbia university graduate faculty of arts and sciences -rrb- .
he has held visiting professorships at woodrow wilson school at princeton university , uc berkeley , and dartmouth college , as well as the new school for social research -lrb- in 1995 , prior to his permanent position starting in 1999 -rrb- .
foley has served as the co-editor of `` journal of economic behavior and organization '' -lrb- 1999 -- 2001 -rrb- , as an associate editor of `` journal of economic theory '' -lrb- 1976 -- 1981 -rrb- , and of `` journal of economic behavior and organization '' -lrb- 1989 -- 2014 -rrb- , and on the editorial boards of `` journal of economic literature '' -lrb- 1985 -- 1991 -rrb- , `` metroeconomica '' -lrb- 1991 -- present -rrb- , and `` princeton university press series on complexity '' -lrb- 1993 -- 2004 -rrb- .
he also served on the nominating committee of the american economics association -lrb- 1990 -rrb- .
his most-cited work was on marxian economics and value theory , in particular his seminal book that put `` das kapital '' in a modern form , offering an accessible and rigorous introduction to marx 's thought -- this work disrupted his path to tenure .
however , at length he provides treatments of the history and theory of economics encompassing john maynard keynes , hyman minsky , david ricardo , jean-baptiste say , adam smith , and piero sraffa .
indeed , his work ranges across such topics as economics , physics , ecology , money , complexity and statistical reasoning , and problems of social coordination .
foley has contributed to political economy and public finance , monetary economics , global environmental economic policy and technological innovation , econometrics , bayesian statistics and foundations for choice of theory , information theory , complex systems theory -lrb- thermodynamics / statistical mechanics -rrb- and economics -lrb- as well as classical political theory -rrb- , statistical equilibrium economic modeling , economic dynamics , and other macroeconomics -lrb- including growth theory , business cycle theory and the theory of distribution -rrb- .
in the field of fair division , he is considered the first to introduce the concept of envy-free resource allocation .
