Duncan Foley: "Marx to Hayek"

DUNCAN K. FOLEY graduated from Swarthmore College with a B.A. in
Mathematics in 1964, and received the Ph.D. in Economics from Yale
University in 1966. He has taught at M.I.T., Stanford, Barnard College
of Columbia University, and since 1999 has been Leo Model Professor at
the Economics Department of the New School for Social Research. He is
an External Professor at the Santa Fe Institute. He has published in
the fields of Public Finance, Macroeconomics, Money, Marxist Economic
Theory, Economic Dynamics, Neo-Ricardian Economics, Growth Theory, and
Complex Systems Theory and Economics. Foley's recent work includes
studies of the relation of statistical mechanics and thermodynamics to
economics, global warming policy, complexity theory and Classical
political economy ("Unholy Trinity: Labor, Capital and Land in the New
Economy", Routledge, 2003), work on the foundations of statistical
method, and Marx's theory of money. He published a book on the history
of political economy and economics, "Adam's Fallacy: A Guide to
Economic Theology", in 2007.