Peter Temin is the Elisha Gray II Professor Emeritus of Economics at the Massachusetts Institute of Technology (MIT).  He received his B.A. from Swarthmore College in 1959 and his Ph.D. in Economics from MIT in 1964.  Professor Temin was a Junior Fellow of the Society of Fellows at Harvard University, 1962-65; the Pitt Professor of American History and Institutions at Cambridge University, 1985-86; Head of the Economics Department at MIT, 1990-93; and President of the Economic History Association, 1995-96.  Professor Temin’s most recent books are The Roman Market Economy (Princeton University Press, 2013), Prometheus Shackled: Goldsmith Banks and England’s Financial Revolution after 1700 (Oxford University Press, 2013, with Hans-Joachim Voth), The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It (Princeton University Press, 2013, with David Vines) Keynes: Useful Economics for the World Economy (MIT Press, 2014, with David Vines), and The Vanishing Middle Class: Prejudice and Power in a Dual Economy (MIT Press, 2017).

By this expert

Mass Incarceration’s Dangerous New Equilibrium

Article | Jun 22, 2017

A new model probes why the US leads the world in jailing and imprisoning people, and what it will take to reverse course

The Political Economy of Mass Incarceration: An Analytical Model

Paper Working Paper Series | | May 2017

This paper presents a model of mass incarceration in the United States, which has the largest proportion of its population imprisoned among advanced countries.

Comments on Paul Davidson’s “Full Employment, Open Economy Macroeconomics, and Keynes’ General Theory: Does the Swan Diagram Suffice?”

Paper Working Paper Series | | Feb 2016

This is a response to a critique by Paul Davidson of our 2013 book Keynes: Useful Economics for the World Economy and related work, where we describe, amongst other things, how the Swan diagram can be used to show how economies can use policy tools to achieve internal and external balance.

​The American Dual Economy: Race, Globalization and the Politics of Exclusion

Article | Nov 30, 2015

The United States economy has come apart, with the rich getting richer and workers’ incomes not advancing at all.

Featuring this expert

Lessons from the Great Depression

Video | Dec 5, 2014

How can we better integrate history into economic analysis?