Servaas Storm

Involvement
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

Good Policy or Good Luck? Why Inflation Fell Without a Recession

Paper Working Paper | | Sep 2024

A major factor in the decline of inflation is the simple fact that America’s workers were, in general, unable to raise their nominal wages in line with the rise in the cost of living

A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey's New Report

Article | Jul 15, 2024

The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.

The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy

Article | Jun 24, 2024

In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.

The Second Coming? Trump vs. Biden

Article | May 17, 2024

How have the macroeconomic problems in the US blinded many participants and observers to the actual state of the American economy as the election approaches?

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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