Karl Shell (born May 10, 1938) is an American theoretical economist, specializing in macroeconomics and monetary economics.
Shell received an A.B. in mathematics from Princeton University in 1960. He earned his Ph.D. in economics in 1965 at Stanford University, where he studied under Nobel Prize in Economics winner Kenneth Arrow and Hirofumi Uzawa.
Shell is currently Robert Julius Thorne Professor of Economics at Cornell University (succeeding notable economist and airline deregulator Alfred E. Kahn in the Thorne chair). He previously served on the economics faculty at MIT and the University of Pennsylvania.
Shell has been editor of the Journal of Economic Theory, generally regarded as the leading journal in economic theory, since its inception in 1968.
Read more about Karl Shell: Contributions To Economics
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“The greatest horrors in the history of mankind are not due to the ambition of the Napoleons or the vengeance of the Agamemnons, but to the doctrinaire philosophers. The theories of the sentimentalist Rousseau inspired the integrity of the passionless Robespierre. The cold-blooded calculations of Karl Marx led to the judicial and business-like operations of the Cheka.”
—Aleister Crowley (1875–1947)
“I do not know what I may appear to the world; but to myself I seem to have been only like a boy playing on the seashore, and diverting myself in now and then finding a smoother pebble or a prettier shell than ordinary, whilst the great ocean of truth lay all undiscovered before me.”
—Isaac Newton (1642–1727)