Marc Flandreau

Photo Marc Flandreau

Howard S. Marks Professor of Economic History

Economic history; Financial crises and the information economy; Experts, expertise and policy making


St. Leonard's Court, Room 300.6

Marc Flandreau, Howard S. Marks Professor of Economic History 

Flandreau is a world-renown economist and specialist of the economic history of international money, finance and debt. His areas of expertise encompass the international monetary system, financial crises and regulation, sovereign default, debt restructuring and the geopolitics of finance.

A graduate from Ecole Normale Supérieure and the Sorbonne in Paris, he obtained his PhD from the Ecole des Hautes Etudes en Sciences Sociales in 1993 and became in 2001 the youngest tenured faculty at French elite school Sciences Po, Paris. In 2017, he was appointed the Howard S. Marks Professor of Economic History in the History Department at University of Pennsylvania where he holds as well a secondary appointment at the Wharton School.

Flandreau has trained two generations of economic historians who now occupy leading positions in higher education, international organizations and government. His academic background doubles up with real-world expertise including chief economist France with Lehman Brothers (2002-2008). He is currently chair of the Irving Fisher Committee for Long Run Macro-Financial Data and retro-prospective, the BIS-sponsored Historical Monetary and Financial Statistics which he contributed to create with the Bank of Norway.

Flandreau has published numerous articles in scholarly journals and authored several books. He has participated to the editorial boards of the main economic history journals and was president of the European Historical Economics Society in 2006-2008. In particular, his work on the international monetary system and his publications with Barry Eichengreen on the long run evolution of FX reserves in the 20th century have reshaped the literature and policy debate. His most recent publications include Central Banks at a Crossroads. What Can We Learn from History? (with Michael D. Bordo, Øyvind Eitrheim & Jan F. Qvigstad, Cambridge 2016) and Anthropologists in the Stock Exchange. A Financial History of Victorian Science, (Chicago, 2016) forthcoming in Chinese with The Commercial Press.

He is the founding editor of Capitalism, A Journal of Economics and History, a Penn journal devoted to inter-disciplinary dialogue on capitalism.

Office Hours
Tuesday 3:30-4:30pm

Ecole Normale Supérieure, Ulm (1986-1990)

Ecole des Hautes Etudes en Sciences Sociales, Paris, DEA in Macroeconomics (1988)

Sorbonne, Paris, Master of History (1989)

Ph.D. in Economics, Ecole des Hautes Etudes en Sciences Sociales, Paris (1993)

CV (file)