Markos Mamalakis
Encyclopedia
Markos Mamalakis is a Greek economist
specialising in development
economics, particularly in Latin America
.
Born in Salonika, he graduated from the Experimental High School of the Aristotle University of Thessaloniki
in 1950, then attended the Law School of the University and received a B.A.
in Law, with the distinction summa cum laude in 1955. He did graduate work at Ludwig Maximilians University of Munich
from 1955 to 1957, and University of California, Berkeley
from 1957 to 1962, where he received his M.A.
(1959), and Ph.D.
(1962) with a dissertation entitled Inflation and Growth: An Asset Preference Analysis. With a Case Study of the Chilean Inflation. He has taught or been a visiting scholar at the University of California, Berkeley; University of Western Ontario
; Universidad de Chile; Yale
; University of Göttingen; Woodrow Wilson International Center for Scholars
; Inter-American Development Bank
; and the University of Giessen
.
He is a professor of economics at the University of Wisconsin–Milwaukee.
He was one of the first to argue that there is no "magic bullet
" to development, but that development solutions must take into account the effects and circumstances of the location. He has published widely on macroeconomics
in developing economies and welfare and sector effects. He argued for the fruitfulness of a mesoeconomic
analysis of social interactions, rather than a strictly microeconomic or macroecomic approach.
Markos is a father of twelve and grandfather of thirty-seven. He and his wife celebrated their 50th wedding anniversary on January 31, 2010.
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
specialising in development
Economic development
Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area...
economics, particularly in Latin America
Latin America
Latin America is a region of the Americas where Romance languages – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...
.
Born in Salonika, he graduated from the Experimental High School of the Aristotle University of Thessaloniki
Aristotle University of Thessaloniki
The Aristotle University of Thessaloniki is the largest Greek university, and the largest university in the Balkans. It was named after the philosopher Aristotle, who was born in Stageira, Chalcidice, about 55 km east of Thessaloniki, in Central Macedonia...
in 1950, then attended the Law School of the University and received a B.A.
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
in Law, with the distinction summa cum laude in 1955. He did graduate work at Ludwig Maximilians University of Munich
Ludwig Maximilians University of Munich
The Ludwig Maximilian University of Munich , commonly known as the University of Munich or LMU, is a university in Munich, Germany...
from 1955 to 1957, and University of California, Berkeley
University of California, Berkeley
The University of California, Berkeley , is a teaching and research university established in 1868 and located in Berkeley, California, USA...
from 1957 to 1962, where he received his M.A.
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...
(1959), and Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
(1962) with a dissertation entitled Inflation and Growth: An Asset Preference Analysis. With a Case Study of the Chilean Inflation. He has taught or been a visiting scholar at the University of California, Berkeley; University of Western Ontario
University of Western Ontario
The University of Western Ontario is a public research university located in London, Ontario, Canada. The university's main campus covers of land, with the Thames River cutting through the eastern portion of the main campus. Western administers its programs through 12 different faculties and...
; Universidad de Chile; Yale
YALE
RapidMiner, formerly YALE , is an environment for machine learning, data mining, text mining, predictive analytics, and business analytics. It is used for research, education, training, rapid prototyping, application development, and industrial applications...
; University of Göttingen; Woodrow Wilson International Center for Scholars
Woodrow Wilson International Center for Scholars
The Woodrow Wilson International Center for Scholars , located in Washington, D.C., is a United States Presidential Memorial that was established as part of the Smithsonian Institution by an act of Congress in 1968...
; Inter-American Development Bank
Inter-American Development Bank
The Inter-American Development Bank is the largest source of development financing for Latin America and the Caribbean...
; and the University of Giessen
University of Giessen
The University of Giessen is officially called the Justus Liebig University Giessen after its most famous faculty member, Justus von Liebig, the founder of modern agricultural chemistry and inventor of artificial fertiliser.-History:The University of Gießen is among the oldest institutions of...
.
He is a professor of economics at the University of Wisconsin–Milwaukee.
He was one of the first to argue that there is no "magic bullet
Magic bullet
Magic bullet may refer to:* In the German folk legend Freischütz, an enchanted bullet obtained by a marksman through a contract with the devil....
" to development, but that development solutions must take into account the effects and circumstances of the location. He has published widely on macroeconomics
Macroeconomics
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of the whole economy. This includes a national, regional, or global economy...
in developing economies and welfare and sector effects. He argued for the fruitfulness of a mesoeconomic
Mesoeconomics
Mesoeconomics is a neologism used to describe the study of economic arrangements which are not based either on the microeconomics of buying and selling and supply and demand, nor on the macroeconomic reasoning of aggregate totals of demand, but on the importance of under what structures these...
analysis of social interactions, rather than a strictly microeconomic or macroecomic approach.
Markos is a father of twelve and grandfather of thirty-seven. He and his wife celebrated their 50th wedding anniversary on January 31, 2010.