Michael D'Emic

  • Industry Associate Professor

Michael D'Emic

Michael D’Emic joined the adjunct faculty of NYU Tandon (then Polytechnic University) in 2006 and has been a full-time faculty member since 2014. Prior to this, he worked for thirty years in the financial industry, including seven years as Senior Vice President and chief financial officer of the American Stock Exchange.  He has also worked for the International Monetary Fund, Bankers Trust Company and Price Waterhouse. 

Dr. D’Emic earned his Ph.D. at University College, Cork of the National University of Ireland. He also holds the degrees of M.Litt. and M.B.A. from Trinity College, Dublin, and B.S. (summa cum laude, Phi Beta Kappa) from Georgetown University.  He is the author of Justice in the Marketplace in Early Modern Spain: Saravia, Villalon, and the Religious Origins of Economic Analysis (Lexington Books, 2014), and is a contributor to Ethika Politika and the Journal of Markets and Morality.

Dr. D’Emic is a member of Heterodox Academy and University Faculty for Life.

Research Interests
The historical development of financial theory and financial mathematics.

Georgetown University, 1972
Bachelor of Science, summa cum laude, Phi Beta Kappa, Spanish/Russian

University of Dublin, Trinity College, 1975
Master in Letters (M.Litt.), Spanish Literature (Renaissance and Medieval)

University of Dublin, Trinity College, 1977
Master in Business Administration (M.B.A.)., Finance

National University of Ireland, University College Cork, 2010
Doctor of Philosophy (Ph.D.), Financial Economic History

Worldwide Capital Advisory Partners LLC
Senior Advisor
Senior level financial advisory and thought leadership firm, with global scope, based in New York.
From: August 2013 to August 2018

Deloitte & Co.
Articled Clerk
General audit duties, accountancy training and exam preparation.
From: August 1975 to August 1976

Price Waterhouse
Staff Accountant
General audit duties for a variety of clients in banking, shipping, technology, advertising and financial services.
From: July 1978 to April 1981

Bankers Trust Company
Vice President
Various controllership positions over thirteen years, at an executive level.
From: April 1981 to April 1994

International Monetary Fund (IMF)
Technical Expert
Monetary and Exchange Affairs Division. Structural reform programs, primarily as accounting advisor to the National Bank of Ukraine. Projects in Russia and the Sudan.
From: April 1994 to July 1998

American Stock Exchange
Senior Vice President (Chief Financial Officer)
Reporting directly to the Chairman/CEO,responsible for all financial functions: planning and analysis, accounting and reporting, operations, treasury, tax and risk management.
From: July 1998 to July 2005

Journal Articles

'The Price Revolution in Sixteenth Century Spain: Interest Rates, Payments and Deadweight Loss'. Journal of Markets and Morality Volume 25, Number 2 (Winter: 2022): 205-216.

'Market Liberalism and Anti-liberalism in Spanish Late Scholastic Treatises (1541-1547)’. Journal of Markets and Morality Volume 15, Number 1 (Spring: 2012): 161-177.

Contributions to Ethika Politika:

'A Reflection on Commencement 2019', June 6, 2019

'Why Brett Kavanaugh Must Go Down', October 4, 2018

'Ireland's Abortion Referendum: What did Voters Sign Up For?', May 30, 2018

'Blood Upon Us: Ireland, Holy Week, and 300,000 Pieces of Silver', March 27, 2018

'Orlando and Catholic Guilt', June 27, 2016

'On the Irish Referendum: No Big Deal?', May 28, 2015

'In the Long Run, We are All Dead', March 6,  2014

'A Reflection on Christmas, 2012', January 2, 2013

'On Same Sex Marriage', June 26, 2012

'On the Matter of the Catholic Bishops', June 14, 2012

Contributions to Worldwide Capital Advisory Partners:

'An Economic Case for a Change in Immigration Policy', March 1, 2014

'The Crisis of Ethics in the Financial System and Pope Francis' Evangelii Gaudium', December 22, 2013


Authored/Edited Books

Justice in the Marketplace in Early Modern Spain: Saravia, Villalon, and the Religious Origins of Economic Analysis (Lanham, Maryland: Lexington Books, 2014)



Other Publications

‘Money, Credit and Inflation in Sixteenth Century Castile: Deposit Banking and the Financing of the Wool Trade’.  Paper presented in UCC Hispanic Studies lecture series, March 25, 2011.

‘The Market and the Just Price in Sixteenth Century Spain’.  Paper presented at UCC Graduate Students Symposium, February 20, 2009

'Buchgalterskij Uchet v Kommercheskikh Bankakh (Accounting in Commercial Banks)' (De Nederlandsche Bank, 1998).  Text for course presented at the Central Bank of Russia at Klyazma, June 23-25, 1998.

'Organizatsia y Funktsii Sovremenogo Departamenta Kontrollera (The Organization and Functions of a Modern Controller’s Department)' (De Nederlandsche Bank, 1997).  Text for course presented at the National Bank of Ukraine in Kiev, September 15-19, 1997.