Warren Mosler is a well-known economist and theorist, and one of the leading voices in the field of Modern Monetary Theory. Mosler is the President of Valence Co., Chairman and majority shareholder of Consulier Engineering, and the Founder and Principal of AVM, a broker-dealer that provides advanced financial services to large institutional accounts. Mosler is a financial professional who has spent the past 40 years gaining an insider's knowledge of monetary operations. He pioneered numerous investment strategies that utilized US Government securities, mortgage-backed securities, LIBOR swaps and LIBOR caps, and financial futures markets in market neutral, 0 duration strategies. Previously, Mosler founded the III Funds, which currently manages about $3.5 billion; as well as Mosler Automotive, which manufactures the MT900 sports car in Riviera Beach, Florida. He was also appointed Senior Financial Advisor to Senator Ronald Russell, President of the 29th Legislature of the U.S. Virgin Islands. In addition, he is the author of “The Seven Deadly Innocent Frauds of Economic Policy” that has been translated into Italian, Polish, Russian, Spanish, and Arabic.
Founder, EPIC - the Coalition of Economic Policy Institutions
Associate Fellow, University of Newcastle, Australia
Co-Founder and a Distinguished Research Associate, The Center for Full Employment And Price Stability at the University of Missouri
Mosler originated the "mortgage swap" in 1986 and orchestrated the largest futures delivery to date (over $20 billion notional) in Japan in 1996.
He also created a swap futures contract currently operational (in a muted form) by a major exchange.
He is credited with creating Mosler’s law that states, “There is no financial crisis so deep that a sufficiently large fiscal adjustment cannot deal with it.”
His 1995 paper, Soft Currency Economics, is considered the origin of the neo-chartalist or “Modern Money Theory” school of Post-Keynesian thought.
He initially worked at the Savings Bank of Manchester before working in Hartford for Bache and Co., later moving to New York City.
In 1982, he founded Illinois Income Investors, rated #1 by MAR in risk adjusted returns for the previous 10 years in 1997 when he turned control over to his partners.
He developed and later sold his own automobile line, Mosler Automotive, responsible for producing the Mosler MT900 and the Consulier GTP.
MEDIA & PUBLICATIONS
He has been deeply involved in the academic community, giving presentations at conferences worldwide and publishing articles in economic journals and periodicals.
He has authored several academic papers and lectures internationally on fiscal and monetary policy.
He has also appeared as a guest on Real Vision.