Warren Mosler is President of Valance Co., through which he participates in the companies he co-founded in 1982- the III family of investment funds ($2.5 billion under management) and AVM LP, an institutional fixed income broker dealer. He is also a director and majority stockholder of Enterprise Bank of Florida, and the owner of Mosler Automotive, manufacturer of the Mosler MT900 sports car.Mr. Mosler got started in banking in 1973 in a small Savings Bank before moving to Bache and Co. and then in 1976 the trading desk at Bankers Trust in sales and trading of mortgage backed securities. In 1978 he initiated fixed income trading and arbitrage at William Blair and Co. where he founded III and AVM. In 1993 Mr. Mosler associated with the firm of Arthur Laffer to author ‘Soft Currency Economics’ which he developed into what is now known ‘Modern Monetary Theory’ (MMT), as recently featured in ‘The Economist’ in January and the Washington post in April. Mr. Mosler publishes a daily blog, www.moslereconomics.com, where there is a link to his book ‘The 7 Deadly Innocent Frauds of Economic Policy’. He is a 1971 graduate of the University of Ct. with a BA in economics, has authored several published academic papers, and lectures internationally on fiscal and monetary policy.