33 Facts About Robert Mundell

Robert Alexander Mundell was a Canadian economist.

Robert Mundell was a professor of economics at Columbia University and the Chinese University of Hong Kong.

Robert Mundell received the Nobel Memorial Prize in Economic Sciences in 1999 for his pioneering work in monetary dynamics and optimum currency areas.

Robert Mundell's mother was an heiress while his father was a military officer and taught at the Royal Military College of Canada.

Robert Mundell spent his early years in a farm in Ontario and moved to British Columbia with his family when his father retired at the end of World War II.

Robert Mundell completed his high school education in British Columbia where he was known to have participated in boxing and chess events during this time.

Robert Mundell earned his Bachelor of Arts in economics and Russian at the Vancouver School of Economics of the University of British Columbia, and went on a scholarship to the University of Washington in Seattle.

Robert Mundell went on to complete his PhD from the Massachusetts Institute of Technology while continuing to study at the London School of Economics.

In 2006 Robert Mundell earned an honorary Doctor of Laws degree from the University of Waterloo.

Robert Mundell was Professor of Economics and Editor of the Journal of Political Economy at the University of Chicago from 1965 to 1972, Chairman of the Department of Economics at the University of Waterloo 1972 to 1974 and since 1974 he had been Professor of Economics at Columbia University.

Robert Mundell held the post of Repap Professor of Economics at McGill University.

Robert Mundell returned to academics as professor of economics at the University of Chicago from 1966 to 1971, and then served as professor during summers at the Graduate Institute of International Studies in Geneva until 1975.

Robert Mundell was the Distinguished Professor-at-Large of The Chinese University of Hong Kong.

Robert Mundell is best known in politics for his support of tax cuts and supply-side economics; however, in economics it is for his work on currency areas and international exchange rates that he was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel by the Bank of Sweden.

Robert Mundell's analysis led to his conclusion that it was a disagreement between Europe and the United States over the rate of inflation, partially to finance the Vietnam War, and that Bretton Woods disintegrated because of the undervaluing of gold and the consequent monetary discipline breakdown.

Robert Mundell, though lionized by some conservatives, has many of his harshest critics from the right: he denied the need for a fixed gold-based currency or currency board and he was both a fiscal and balance of payments deficit hawk.

Robert Mundell is well known for stating that in a floating exchange rate system, expansion of the money supply can come about only by a positive balance of payments.

In 2000, Robert Mundell recommended that Canada permanently tie its dollar's value to the US dollar.

Robert Mundell was considered the "father of the euro" for his early work encouraging a European monetary union.

In 2014, Robert Mundell voiced his opposition to proposals of a fiscal union between the European states.

Robert Mundell voiced his opposition to the prospect that countries could be liable for other countries' debt.

Robert Mundell was awarded the Guggenheim Fellowship in 1971 and the Nobel Memorial Prize in Economics in 1999.

In 1992, Robert Mundell received a Docteur honouris Causa from the University of Paris.

Robert Mundell became a Fellow of the American Academy of Arts and Sciences in 1998.

Robert Mundell won the Nobel Memorial Prize in Economic Science in 1999 and gave as his prize lecture a speech titled "A Reconsideration of the Twentieth Century".

Robert Mundell concluded in that lecture that "the international monetary system depends only on the power configuration of the countries that make it up".

Robert Mundell divided the entire twentieth century into three parts by different periods of time:.

Robert Mundell appeared on Bloomberg Television many times, mainly speaking on euro-related topics and other European financial issues.

Robert Mundell has appeared on China Central Television's popular Lecture Room series.

Robert Mundell was a special guest making the ceremonial first move in Game Five of the 2010 World Chess Championship between Viswanathan Anand and Veselin Topalov.

Robert Mundell played the opening move at the Pearl Spring Chess Tournament.

Robert Mundell had two sons and a daughter from an earlier marriage.

Robert Mundell died on April 4,2021, from cholangiocarcinoma, a cancer of the bile duct.