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About Institutional Economics

Institutional Economics is the web site of Dr Stephen Kirchner.  I am a Research Fellow at the Centre for Independent Studies, a public policy think-tank based in Sydney, Australia. I am also a Senior Fellow at Canada’s Fraser Institute. I was formerly Senior Lecturer in Economics in the School of Finance and Economics, Faculty of Business, University of Technology Sydney.

My economics training was neo-classical, but I also have heterodox leanings in the direction of Austrian, evolutionary and institutional economics (hence the name of the blog).  I am inspired by the classical liberal tradition and I am a member of the Mont Pelerin Society.  My main interests are macroeconomic policy and financial markets, but I have ranged more broadly, including a misspent youth in the discipline of political science.  I have since worked in Australian federal politics, financial markets, academia and think-tanks. 

I was one of three economists to place in two of the three rounds of the MNI-Deutsche Börse Economic Forecasting Competition.

The default page of this web site is a blog devoted to economics and financial markets from a classical liberal perspective (click on the Institutional Economics logo in the top left corner to return to the default page at any time). The views expressed are my own and not those of my employer(s) and are subject to the disclosure and disclaimer statements at the bottom of this page.

Institutional Economics has featured in Forbes’ Best of the Web, Condé Nast’s Portfolio and is ranked among the top economic blogs by scholarly impact.  The blog began in January 2003, making it one of the longest established blogs of its type.  I thank Paul Krugman for inadvertently giving this blog much of its early impetus (see here and here).


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