Doctor Honoris Causa of Université catholique de Louvain (Belgium) Oded Galor (born 1953) is an Israeli-American[1] economist who is currently Herbert H. Goldberger Professor of Economics at Brown University.

Galor has contributed to the understanding of development over the entire course of human history and prehistory, and the role of deep-rooted factors in the transition from stagnation to growth and in the emergence of global inequality.

He has made significant contributions to the understanding of process of development over the entire course of human history and the role of deep-rooted factors in the transition from stagnation to growth and in the emergence of the vast inequality across the globe.

In contrast to the representative agent approach that dominated the field of macroeconomics until the early 1990s and argued that heterogeneity has no impact on macroeconomic activity, the model demonstrates that in the presence of capital markets imperfections and local non-convexities in the production of human capital, income distribution affects the long run level of income per-capita as well as the growth process.

This book provides an introduction to discrete dynamical systems—a framework of analysis commonly used in the fields of biology, demography, ecology, economics, engineering, finance, and physics.

The analysis focuses initially on the characterization of the factors the govern the evolution of state variables in the elementary context of one-dimensional, first-order, linear, autonomous systems.

He unveils the mechanisms that have trapped the world economy in millennia of near-stagnation but ultimately has induced the remarkable transition to an era of sustained economic growth characterized by vast inequality across countries and regions.

It grapples with some of the broadest questions in social science, integrating state-of-the-art economic theory with a rich exploration of a wide range of empirical evidence."