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Richard E. Sylla

Richard E. Sylla

Joined Stern 1990

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 8-65
New York, NY 10012

E-mail rsylla@stern.nyu.edu
Personal website

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Richard Sylla is the Henry Kaufman Professor of the History of Financial Institutions and Markets and a professor of economics at New York University Stern School of Business. He teaches courses in financial history, economic and business history of the United States, and comparative enterprise systems.

Professor Sylla has been with NYU Stern since 1990. His primary areas of research include historical studies of money, banking, and finance. He is the author of several books, including The American Capital Market and A History of Interest Rates. His writing has appeared in numerous publications, including the Journal of Economic History, Explorations in Economic History, Business History Review, and Enterprise & Society. He is also on the editorial board of many journals that include the Financial History Review, Enterprise and Society, and Economic and Financial History Abstracts. Professor Sylla has also been the recipient of several awards and grants including National Science Foundation grants, an Alfred P. Sloan Foundation grant and the Citibank Award for Excellence in Teaching at the Stern School. He served as President of the Economic History Association and the Business History Conference, and is currently the Chairman of the Museum of American Finance. He is a Fellow of the Cliometric Society and the American Academy of Arts and Sciences.

Prior to joining Stern, Professor Sylla taught at North Carolina State and the University of Pennsylvania among others. Professor Sylla received his bachelor of arts from Harvard University before studying at the Indian Statistical Institute at Calcutta. He then received both his master of arts and his doctorate of philosophy from Harvard University.

Research Interests

  • Historical studies of money, banking and finance

Courses Taught

  • Development of Financial Institutions and Markets
  • Economic and Business History of the US
  • Global Perspectives on Enterprise Systems

Academic Background

Ph.D., Economics, 1969
Harvard University

M.A., Economics, 1965
Harvard University

B.A., Economics, 1962
Harvard University

Awards & Appointments

Business History Conference Lifetime Achievement Award 2011

Related News & Research

Professor Richard Sylla comments on Donald Trump's views on the value of the US dollar

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Professor Richard Sylla discusses the temporary shutdown of China's stock market

Professor Richard Sylla is interviewed about the history of the lottery

Professor Richard Sylla discusses the evolution of America's banking landscape

Professor Richard Sylla highlights the benefits of low interest rates for the economy

Professor Richard Sylla discusses inflation and interest rates

Professor Richard Sylla shares his views on the history of bank regulation in the United States

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During an in-depth podcast, Professor Richard Sylla offers a historical perspective on interest rates

In a co-authored op-ed, Professor Richard Sylla examines the decline in the number of US banks

Where Have All the American Banks Gone?

Professor Richard Sylla explains why the US should not tie its currency to gold

Professor Richard Sylla responds to the pope's criticism of capitalism

Professor Richard Sylla on past government attempts to stabilize the US stock market

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Prof. Richard Sylla on the looting of small businesses during riots

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Prof. Richard Sylla's new book, "Genealogy of American Finance," is featured

Areas of Expertise


  • Economic History
  • Economic Indicators
  • Emerging Markets
  • Federal Reserve Bank/Central bank
  • Globalization & Trade
  • Interest Rates
  • Monetary Policy
  • Political Economy


  • Entrepreneurship