About Ed Dolan

Edwin G. Dolan was born in Oklahoma and grew up in a small town in Oregon. He attended Earlham College and Indiana University, where he majored in Russian Studies as an undergraduate and later earned a Masters degree from Indiana University’s Russian and East-European Institute. After earning a doctorate in economics from Yale University, he taught at Dartmouth College, the University of Chicago, George Mason University and Gettysburg College. From 1990 to 2001, he taught in Moscow, Russia, where he and his wife founded the American Institute of Business and Economics (AIBEc), an independent, not-for-profit MBA program. After 2001, he taught economics in several European countries, including 15 years of annual courses at the Stockholm School of Economics in Riga. He currently lives in Northport, Michigan.


Dartmouth College (1969-77)
University of Chicago (1971-72)
George Mason University (1979-87)
Gettysburg College (1988-91)
State Finance Academy (Moscow, Russia, 1990-91)
Moscow State University (Moscow, Russia, 1992)
American Institute of Business and Economics (Moscow, Russia, 1993-2001)
National Bank of Kazakstan (Almaty, Kazakstan, staff training, 1996)
Stockholm School of Economics (Riga, Latvia, 1999-2013)
Central European University (Budapest, Hungary, 2002-03)
International Graduate School of Business (Zagreb, Croatia, 2003)
American University in Bulgaria (Blagoevgrad, Bulgaria, 2004)
University of Economics (Prague, Czech Republic, 2005-08)
Tallinn Technical University School of Business (Tallinn, Estonia, 2008)


  • Introduction to Economics, (BVT Publishing, 5th ed. 2013). Previously published in 8 editions with David E. Lindsey (Dryden Press, 1974-93). Revised edition published in Russian, 2 volumes, 1992.
  • Money, Banking, and Monetary Policy (Dryden Press), with Colin and Rosemary Campbell, US edition 1984, revised edition published in Russian, 1992.
  • The Foundations of Modern Austrian Economics (ed), Sheed and Ward, 1976.
  • Economics of Public Policy (West Publishers) with John Goodman, 5 editions beginning 1979.

Selected Articles

"Structural Interdependence of the Soviet Economy," Soviet Studies, 1967; Teleological Period in Soviet Planning, Yale Economic Essays, 1970; "Alienation and Freedom," Journal of Political Economy, 1971; "Experimental Polycentric Model of Soviet Economy," in Economic Analysis of Soviet-Type Economy, Thornton (ed.), 1976; "On the Threat of Hyperinflation in the Transition Period," Economics and Mathematical Methods (in Russian) 1991;  "Which Monetary System is Better?" (in Russian) Eko, 1991.  "Financial Aspects of Economic Reform in the USSR," Problems of Theory and Practice of Management (in Russian), 1991; "Problems of Financial Stabilization Policy in the Transition Period," in From Plan to Market, Dorn and Piasheva (eds), 1993. “Science, Public Policy and Global Warming: Rethinking the Market Liberal Position,” Cato Journal, Spring-Summer 2006.