Isabella Weber
- Economist
- professor
Isabella M. Weber (born 1987 in Nuremberg, Germany[1]) is a German economist. She is an associate professor of economics at the University of Massachusetts Amherst.[2]
Weber is known for having taken a position in favor of a price control policy. Her article published in The Guardian in December 2021[3] caused an uproar among economists.[4]
Life
In 2017, Weber obtained a PhD in Development Studies from the University of Cambridge. Her thesis was titled China's Escape from the 'Big-Bang': The 1980s Price Reform Debate in Historical Perspective and advised by Peter Nolan.[5]
From 2017 to 2019, Weber was a lecturer in Economics at Goldsmiths, University of London.[6] In 2019, she became assistant professor of economics at the University of Massachusetts Amherst.[7]
In December 2021, an op-ed she published in The Guardian which argued that strategic price controls could help control inflation in bottleneck situations was heavily criticized by economists, making her "the most hated woman in economics" (The New Yorker).[4] Paul Krugman called her op-ed "truly stupid", a statement for which he later apologized.[8]
In 2022-23, Weber was a fellow in the Future of Capitalism program at the Berggruen Institute.[9][10]
In 2022, Weber was a member of the German government's gas price commission, an expert advisory group of the Federal Ministry for Economic Affairs and Climate Action.[11]
Awards and honors
- In 2023, Weber was recognized on Time Magazine's TIME100 Next list which recognizes rising leaders across multiple fields[12]
- In 2019, Weber was awarded the Joan Robinson Prize from the European Association for Evolutionary Political Economy for her book “How China Escaped Shock Therapy: The Market Reform Debate”[13][10]
- In 2019, Weber was also awarded the Warren Samuels Prize for Interdisciplinary Research in History of Economic Thought and Methodology[13][10]
References
- ^ "Abstract: Das westdeutsche und das chinesische »Wirtschaftswunder«" (PDF). Retrieved 5 May 2022. (PDF-Datei) Bundesstiftung zur Aufarbeitung der SED-Diktatur, Februar 2020.
- ^ "Isabella Weber". University of Massachusetts Amherst. Retrieved 14 June 2023.
- ^ Weber, Isabella (29 December 2021). "Could strategic price controls help fight inflation?". The Guardian. Kings Place, London. Retrieved 14 June 2023.
- ^ a b Carter, Zachary (6 June 2022). "What if We're Thinking About Inflation All Wrong?". The New Yorker. New York City: Condé Nast. Retrieved 14 June 2023.
- ^ Weber, Isabella Maria (24 March 2018). "China's Escape from the "Big Bang": The 1980s Price Reform Debate in Historical Perspective".
- ^ "IMS staff, Goldsmiths, University of London". 2 September 2017. Archived from the original on 2 September 2017. Retrieved 25 June 2023.
- ^ "Isabella Weber | Department of Economics | UMass Amherst". www.umass.edu. Retrieved 25 June 2023.
- ^ Krugman, Paul (1 January 2022). "Entschuldigungstweet an Isabella Weber". Retrieved 5 May 2022.
Deleting, with Extreme Apologies, My Tweet about Isabella Weber on Price Controls. No Excuses. It's Always Wrong to Use That Tone against Anyone Arguing in Good Faith, No Matter How Much You Disagree — Especially When There's so Much Bad Faith out There.
Twitter - ^ Alloway, Tracy; Weisenthal, Joe (10 November 2022). "Transcript: Isabella Weber On Germany's Plan to Cap the Price of Gas". Bloomberg News. Retrieved 18 September 2023.
- ^ a b c "Isabella Weber: The Economics and Politics of Seller's Inflation". The Australia Institute. 7 September 2023. Retrieved 18 September 2023.
- ^ Henning Bulka, Georg Winters (11 October 2022). "Energiekrise: Das sind die Mitglieder der Gaskommission". Rheinische Post (in German). Retrieved 26 October 2022.
- ^ Warren, Elizabeth (13 September 2023). "Isabella Weber". Time. Retrieved 17 September 2023.
- ^ a b "Isabella Weber". Harvard University. Retrieved 18 September 2023.
External links
- Official website