Arie Arnon is Professor in the Department of Economics, Ben-Gurion University. Since 2005 he has headed the Program on Economics and Society at the Van Leer Institute, Jerusalem. His areas of research include macroeconomics, monetary theory, the Israeli labor market, and the history of economic thought. He is the author of Monetary Theory and Policy from Hume and Smith to Wicksell: Money, Credit and the Economy (Cambridge University Press, 2011). He coordinates the Israeli side in the Aix Group, a think tank where Israeli, Palestinian, and international experts discuss various economic aspects of the current situation, as well as the areas of cooperation when a permanent peace agreement is reached .