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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

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Richard Sylla is a Professor Emeritus of Economics and the former Henry Kaufman Professor of the History of Financial Institutions and Markets 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 discusses the implications of research findings showing that 1 in 10 people pay for large purchases with cash rather than a credit card

Professor Richard Sylla is quoted in a story on Jeff Bezos' comments on corporate longevity

Professor Richard Sylla discusses why there has been a rise in the frequency of international financial crises and weighs in on timing for another

Professor Richard Sylla discusses the evolution of the banking industry

In an in-depth interview, Professor Richard Sylla shares insights on the history of interest rates

Professor Richard Sylla's co-authored book, "Alexander Hamilton on Finance, Credit, and Debt," is reviewed

Professor Richard Sylla offers historical context around current banking deregulation

Professor Richard Sylla shares insights from the Smoot-Hawley Tariff Act of 1930 in an interview about the Trump administration's proposed tariffs

Professor Richard Sylla is interviewed about the Panic of 1907, the Great Depression, and John Pierpont Morgan's role in the economic system

Professor Richard Sylla shares insights from past financial crises

Alexander Hamilton on Finance, Credit, and Debt

Professor Richard Sylla shares what Alexander Hamilton would think of today's financial markets, from his forthcoming book, "Alexander Hamilton on Finance, Credit, and Debt"

Professor Richard Sylla shares insights on business leaders throughout history in "Creative Trailblazer"

Creative Trailblazer - By Richard Sylla

Professor Richard Sylla's co-authored book, "A History of Interest Rates," is mentioned

Professors Richard Sylla and Paul Wachtel share their financial predictions for 2018

Soldier, financial guru and hip-hop legend: who was the real Hamilton?

Professor Richard Sylla discusses the current state of the stock market

Professor Richard Sylla explains how money and banking have evolved, from his book, "A History of Interest Rates"

Professor Richard Sylla discusses why business leaders are leaving President Donald Trump's manufacturing advisory councils

Areas of Expertise


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


  • Entrepreneurship