Tracy Mott

Emeritus Professor

Professional Biography

Tracy Mott is Associate Professor and Chair of the Department of Economics at the University of Denver. He received an A.B. from the Woodrow Wilson School of Public and International Affairs of Princeton University in 1968 and a Ph.D. in Economics from Stanford University in 1982. Between his graduation from Princeton and his arrival at Stanford in 1975, he lived in New York City, mostly working for city, federal, and community agencies and studying for an M.Div. from Union Theological Seminary, which he received in 1974. He taught at the University of Colorado, Boulder, from 1980 to 1991, and he has taught at the University of Denver from 1991 to the present.
His teaching and research have been in the areas of macroeconomics, monetary economics, and history of economic thought. His research has been highly influenced by the ideas of Michał Kalecki, an economist who independently developed ideas similar to those of Keynes in the 1930s, and it focuses on the importance of Kalecki’s “principle of increasing risk,” the notion that it is the amount of own or equity capital that fundamentally limits the investment spending and so the expansion of firms and of the economy, to "Keynesian" notions of fluctuations and growth. This has led him to examine the problems that increasing percentages of debt have caused for macroeconomic performance. His book Kalecki’s Principle of Increasing Risk and Keynesian Economics was published by Routledge in 2010.


  • Ph.D., Economics, Stanford University, 1982
  • MA, Economics, Stanford University, 1978
  • MA, Philosophy of Religion, Union Theological Seminary, 1974
  • AB, Public and International Affairs, Princeton University, 1968