Foley, Duncan

Duncan Foley
PhD, Yale University, 1966
Leo Model Professor of Economics

Concentrations: Classical, neoclassical, and Marxian economic theory; political economy; monetary economics; economic complexity; global environmental economic policy. Personal Homepage.
Recent Publications:
  • What's wrong with the fundamental existence and welfare theorems?, Journal of Economic Behavior and Organization, Vol.75, 2010.
  • The economic fundamentals of global warming, in Jonathan M. Harris and Neva R. Goodwin (Editors) Twenty-First Century Macroeconomics: Responding to the Climate Challenge, Edward Elgar Publishing, 2008.
  • Adams Fallacy: A Guide to Economic Theology (2006)
  • Unholy Trinity: Labor, Capital, and Land in the New Economy (2002)
  • Distribution and Growth (coauthor, 1999)
  • Barriers and Bounds to Rationality: Essays on Economic Complexity and Dynamics in Interactive Systems (editor and coauthor, 1998)
  • "A Statistical Equilibrium Theory of Markets," Journal of Economic Theory (1994)
  • "Recent Developments in Economic Theory," Social Research (1990)
  • Understanding Capital: Marx's Economic Theory (1986)
Office Location:
Room 1127, 6 East 16th Street
Office Hours:
SPRING 2015 Thursday 4:00 - 5:30 pm or by appointment
Phone Number/Extension:
212.229.5717 ext.3177

Fax Number:
212 229-5724


Personal Website:

Research Interests:
Impact of global environmental policy on technical change; models of production in real time; statistical equilibrium economic modeling; Smithian economic growth.

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