Andrew Newman is Professor of Economics at Boston University. He works on economic theory pertinent to organisational economics and economic development. He pioneered the use of contract theory in the analysis of income distribution and developed the concept of an inequality trap. His current research agenda includes studying how the internal organisations of firms interact with market structures to generate economic outcomes, analysing the effects of affirmative action programs in the presence of contractual imperfections, and developing social learning models of organisational heterogeneity and evolution. He is a Research Fellow of CEPR and a Fellow of BREAD. His PhD is from Harvard University.