Servaas Storm

Servaas Storm is a Dutch economist and author who works on macroeconomics, technological progress, income distribution & economic growth, finance, development and structural change, and climate change.

He is a Senior Lecturer at Delft University of Technology. He obtained a PhD in Economics (in 1992) from Erasmus University Rotterdam. His work has appeared in Cambridge Journal of Economics, Development and Change, Eastern Economic Review, Industrial Relations, International Review of Applied Economics, International Journal of Political Economy, Journal of Post Keynesian Economics, Journal of Development Economics and Structural Change and Economic Dynamics.

His latest book, co-authored by C.W.M. Naastepad, is Macroeconomics Beyond the NAIRU (Harvard University Press, 2012) and winner of the 2013 Myrdal Prize of the European Association for Evolutionary Political Economy. Servaas Storm is one of the editors of Development and Change and a member of the Institute for New Economic Thinking’s Working Group on the Political Economy of Distribution.

By this expert

In the Footsteps of Ptolemy: The ‘Science of Monetary Policy’ and the Inflation of 2021-2023

Article | Oct 9, 2023

The impenetrability of this continuously expanding Ptolemaic New Keynesian paradigm is maddening

The Art of Paradigm Maintenance: How the ‘Science of Monetary Policy’ tries to deal with the inflation of 2021-2023

Paper Working Paper | | Oct 2023

The re-emergence of inflation threw the ‘science of monetary policy’ off the rails. Do the new tweaks to the theory work?

Oil Prices, Oil Profits, Speculation, and Inflation

Article | Jun 26, 2023

The role of speculation in the crude oil market in the increase in the WTI crude oil price.

Betting on Black Gold: Oil Speculation and U.S. Inflation (2020-2022)

Paper Working Paper | | Jun 2023

Were the sharp increases in prices during 2020-2022 due to fundamental shifts in supply and demand or are they attributable to excessive market speculation?

Featuring this expert

Storm’s INET funded research is discussed in Naked Capitalism

News Jan 25, 2021

“One of the main reasons Italy’s economy is in such dire straits is its strict adherence to the EMU’s macroeconomic rule book — in particular the rules on fiscal austerity and structural reforms — as Dutch economist Servaas Storm painstakingly details in his article ‘Italy: How to Ruin a Country in Three Decades’” — Nick Corbishley, Naked Capitalism

Are Economists Blocking Progress on Climate Change?

Article | Jun 24, 2019

By promoting unrealisitc models, economists have become part of problem rather than the solution

Vox Features INET Climate Research

News Dec 31, 2018

Vox features INET’s package of climate research

The Intercept Features INET Climate Research

News Dec 5, 2018

The Intercept highlights INET research from Enno Schröder and Servaas Storm and Gregor Semieniuk, Lance Taylor, and Armon Rezai

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