Tim Besley, School Professor of Economics and Political Science, has been elected President of the International Economic Association (IEA). The IEA is a federation of most of the World’s major economics associations and was founded in 1950. It is currently holding its 17th World Congress in Jordan.
Tim will replace Joseph Stiglitz, who is stepping down at the end of his three year tenure. Past presidents of the IEA include Robert Solow, Kenneth Arrow, Amartya Sen and Tony Atkinson. Tim is the third UK based economist to have been elected President of the IEA, and the second from the LSE Department of Economics; the first was Tony Atkinson, who was Tooke Professor of Economic Science and Statistics at the time of his presidency.