Richard S. Grossman is Professor of Economics at Wesleyan University in Middletown, CT and a Visiting Scholar at The Institute. He teaches classes in American and European Economic History, Macroeconomics, and Money and Banking. He graduated magna cum laude from Harvard College, holds a master's degree in Economic History from the London School of Economics and Political Science, and master's and Ph.D. degrees in Economics from Harvard University. Prior to joining the faculty at Wesleyan, Professor Grossman worked as an international economist at the United States Department of State. He has held visiting faculty appointments at Harvard, Yale, and the Hebrew University of Jerusalem, and has received research support from the National Science Foundation and the German Marshall Fund of the United States. He has worked and consulted on Wall Street and has testified as an expert witness in federal court. Professor Grossman is a member of the editorial boards of the Journal of Economic History and Explorations in Economic History and has been published in the American Economic Review, Journal of Economic History, Journal of Money, Credit, and Banking, and Journal of Financial and Quantitative Analysis, as well as other scholarly journals and newspapers. He is the author of the forthcoming Unsettled Account: The Evolution of Banking in the Industrialized World since 1800 (Princeton University Press, 2010). Professor Grossman's current research focuses on the evolution of banking in the industrialized world during the past two centuries and on the London Stock Exchange in the late 19th and early 20th centuries.