Richard Sylla is Henry Kaufman Professor of the History of Financial Institutions and Markets and Professor of Economics at the Stern School of Business, New York University. His Stern MBA courses include “Development of Financial Institutions and Markets,” and “Global Perspectives on Enterprise Systems.” Sylla is also a Research Associate of the National Bureau of Economic Research, with a current project on the development of the corporation in the United States. Professor Sylla received the B.A., the M.A., and the Ph.D. from Harvard University. He is the author of The American Capital Market, 1846-1914 (1975); co-author of The Evolution of the American Economy (1993; 1st ed., 1980) and, with the late Sidney Homer, A History of Interest Rates, (4th ed., 2005; 3rd ed. Rev., 1996; 3rd ed., 1991); and co-editor of Patterns of European Industrialization—The Nineteenth Century (1991), and The State, the Financial System, and Economic Modernization (1999), as well as of journal articles, essays, and reviews in business, economic, and financial history.Professor Sylla’s current research focus is on the financial history of the United States in comparative contexts. He is a former editor of The Journal of Economic History. During 1998-2000, Sylla served as chairman of the board of trustees of the Cliometric Society, an association of quantitative historians. In 2000-2001, he was president of the Economic History Association, the professional organization of economic historians in the United States. In 2005-2006, he served as president of the Business History Conference, the leading professional association of business historians. Currently, Sylla is a member of the Academic Advisory Board of the European Association for Banking and Financial History, and vice-chairman of the board of trustees of the Museum of American Finance, a Smithsonian affiliate located at 48 Wall Street in New York.