Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory.
An entrepreneur and financial professional, Warren Mosler has spent the past 50 years gaining an insider’s knowledge of monetary operations. He co-founded AVM, a broker/dealer providing advanced financial services to large institutional accounts and the Illinois Income Investors (III) family of investment funds in 1982. He holds a B.A. in Economics from the University of Connecticut and remains deeply involved in the academic community. He has given presentations at conferences around the world and published numerous articles in economic journals, newspapers, and periodicals. Mosler is also the author of “The Seven Deadly Innocent Frauds of Economic Policy” that has been translated into Italian, Polish, Russian, Spanish, and Arabic.
He is attributed with creating Mosler’s law that states, “There is no financial crisis so deep that a sufficiently large fiscal adjustment cannot correct it.”
"One of the brightest minds in finance"
- CNBC
Professional Experience
& Qualifications
2003 - Present
Valance Co, Inc., USVI, where he currently resides and conducts his principle business activities.
2017 - Present
Designed and had constructed the QE4 Ferry that has been continuously in service between St. Croix and St. Thomas
1993 - Present
Founder, developer, 'Modern Monetary Theory' economic school of thought.
1983 - 2018
AVM L.P., Founder and Principal
AVM is a broker/dealer that provides advanced financial services to large institutional accounts.
1982 - 2018
Illinois Income Investors (III), Founder and Principal
Developed numerous successful strategies that uti-
lized US Government securities, mortgage backed securities, LIBOR swaps and LIBOR caps, and financial futures markets in a market neutral, 0 duration strategy. Originated the ‘mortgage swap’ in 1986. Orchestrated the largest futures delivery to date (over $20 billion notional) in Japan in 1996. Created the current euro swap futures contract.
1976 - 1978
Banker's Trust NYC, Vice President, Sales & Trading
Instituted active forward markets in GNMA securities trading. Designed arbitrage strategies utilizing newly emerging financial forward and futures markets.
1975 - 1976
Bache & Co.
Fixed income institutional sales
1973 - 1975
The Savings Bank of Manchester
Pioneered the use of synthetic short term investments with long term securities and forward markets.
Other Experience
Enterprise National Bank
Former Director and major shareholder, sold 2013
Consulier Engineering
Chairman and majority shareholder
Mosler Automotive
Former President and founder. Manufactured the MT900 sports car in Riviera Beach, Florida. Sold 2013.
The Center for Full Employment And Price Stability at the University of Missouri in Kansas City
Co-Founder and Distinguished Research Associate. CFEPS has supported economic research projects and graduate students at UMKC, the London School of Economics, the New School in NYC, Harvard University, and the University of Newcastle, Australia.
University of Newcastle, Australia
Associate fellow
University of Bergamo, Italy
Visiting professor in March of 2014 and April of 2015
University of Trento, Italy
Visiting professor in May 2015
Education
University of Connecticut
1971
B.A. Economics
Franklin University
2014
Ph.D, honorary