Greek Euro Crisis: UMKC Economists Saw it Coming

Three UMKC Professors Among Nine Cited by Bloomberg News

As people watch and wonder how the Greek financial crisis could have happened, some economists and experts, including three from the University of Missouri-Kansas City, have been writing about this scenario for years.

A July 15 Bloomberg Business article featured nine people who “saw the Greek Crisis coming.” The list included three UMKC Economics faculty. They warned about the euro system and potential crises like the one in Greece.

The UMKC Economics faculty in the article include Mathew Forstater, Ph.D., professor of economics; Stephanie Bell Kelton, Ph.D., associate professor; and L. Randall Wray, Ph.D., professor. Kelton is currently on a leave of absence from UMKC to serve as chief economist for the Democrats on the Senate Budget Committee in Washington, D.C. She was named to the post by presidential candidate Sen. Bernie Sanders.

Faculty in the UMKC Department of Economics, part of the College of Arts and Sciences, have gained national and international attention for their views and commentary on current events.

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