Michael D. Goldberg is the Todd H. Crockett Professor of Economics at the University of New Hampshire and a senior research associate at the Institute for New Economic
Thinking (INET). He has written extensively in the fields of International Finance and Macroeconomics and his columns on asset price fluctuations and policy reform have been
published by leading newspapers in more than 50 countries.

His bestselling books, Imperfect Knowledge Economics: Exchange Rates and Risk (Princeton University Press, 2007) and Beyond Mechanical Markets: Asset Price Swings, Risk, and the Role of the State (Princeton University Press, 2011), both co-authored with Roman Frydman, propose a new approach to macroeconomic modeling that recognizes that the structure of the economy changes at times and in ways that do conform to a probabilistic rule. Beyond Mechanical Markets was a finalist for the 2011 TIAA-CREF Paul A. Samuelson Award. The book was also one of the Financial Times non-fiction favorites of 2011, commended by its chief economics commentator, Martin Wolf. James Pressley of Bloomberg News also selected it as a top business book of 2011.

Professor Goldberg's expertise is in macroeconomics, financial markets, and monetary policy. He argues that the longstanding empirical failures of conventional economic models stem from their futile efforts to make exact predictions about the consequences of rational, self-interested behavior. Such predictions disregard the importance of individual creativity and unforeseeable sociopolitical change, thus usually failing to predict how markets behave.