Claude and Lore Kelly Professor in European Studies, he is Professor of History and International Affairs. He studies economic and financial history and modern European history.
He was a Fellow of Peterhouse for eight years before joining Princeton University in 1986.
In 2004 he was awarded the Helmut Schmidt Prize for Economic History, and in 2005 the Ludwig Erhard Prize for writing about economics.
His most recent books include Family Capitalism, Harvard University Press, 2006; The Creation and Destruction of Value: The Globalization Cycle, Harvard University Press, 2009; Making the European Monetary Union, Harvard University Press, 2012; The Euro and the Battle of Economic Ideas (with Markus K. Brunnermeier and Jean-Pierre Landau), Princeton University Press, 2016.