Paul De Grauwe holds the John Paulson Chair at the London School of Economics and Political Science. He received his Ph.D from the Johns Hopkins University in 1974. He was a professor of international economics at the University of Leuven from 1975 to 2012. He was a member of the Belgian parliament from 1991 to 2003. His main research interest is in the economics of monetary union. His textbook “The Economics of Monetary Union”, Oxford University Press, is now in its 14th edition. It has been published in ten languages. In a series of articles in 2010-11 he identified the sovereign debt crisis in the Eurozone to be the result of self-fulfilling panic and urged the European Central bank to provide lender of last resort support in the government bond markets. In 2012 the ECB followed this advice, and the crisis was halted almost instantaneously. More recently he has focused on behavioural macroeconomics. His publications in this area include “Lectures on Behavioral Macroeconomics”, Princeton University Press, 2012, and “Behavioural Macroeconomics. Theory and Policy”, 2019, (co-authored with Yuemei Ji), Oxford University Press. He is honorary doctor of six European universities.