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Martin Neil Baily

Biography: 

Martin Neil Baily is a senior fellow in the Economic Studies Program at the Brookings Institution and the Bernard L. Schwartz Chair in Economic Policy Development. He is also the director of the Business and Public Policy Initiative. Baily rejoined Brookings in September 2007 to develop a program of research on business and the economy. He is studying growth, innovation, and how to speed the recovery. He is a senior adviser to the McKinsey Global Institute, a senior director of Albright Stonebridge Group, a member of the Squam Lake Group of financial economists, co-chair of the Bipartisan Policy Center’s Financial Reform Initiative, and a director of the Phoenix Companies of Hartford, Connecticut. Baily earned his PhD in economics in 1972 at the Massachusetts Institute of Technology. After teaching at MIT and Yale, he became a senior fellow at the Brookings Institution in 1979 and a professor of economics at the University of Maryland in 1989. He is the author of many professional articles and books, testifies regularly to House and Senate committees, and is often quoted in the press.

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Recent Commentary

Across the Great Divide: New Perspectives on the Financial Crisis

Across the Great Divide: New Perspectives on the Financial Crisis

via Hoover Press
Saturday, November 1, 2014

The financial crisis of 2008 devastated the American economy and caused U.S. policymakers to rethink their approaches to major financial crises. More than five years have passed since the collapse of Lehman Brothers, but questions still persist about the best ways to avoid and respond to future financial crises.