Steven Fazzari is the Bert A. and Jeanette L. Distinguished Professor of Economics at Washington University in St. Louis and a member of INET’s Academic Council. He received his Ph.D. in economics from Stanford University in 1982. Professor Fazzari’s research explores two main areas: the financial determinants of investment and R&D spending by U.S. firms and the foundations of Keynesian macroeconomics. His published articles appear in a wide variety of academic journals and books. A recent search found over 3,000 citations to Fazzari’s publications in the Research Papers in Economics database (approaching 11,000 in Google Scholar). In addition, his research supported by INET has been highlighted in the national and international media, with recent attention to the link between rising income inequality and slow economic growth.
Fazzari teaches macroeconomics. He teaching awards include the Missouri Governor’s award for excellence in university teaching and Washington University’s distinguished faculty award. Fazzari served six years as chair of the Department of Economics and recently began a new job as chair of the newly founded Department of Sociology.