Jonathan Arnold is a Chicago-based economist whose years of experience, knowledge, and expertise all lead to the creation of his firm, Chicago Economics.
At the University of Chicago, while pursuing an undergraduate degree in economics, Jonathan had the renowned William Landes as a professor. Together with another professor, Richard Posner, the pair wrote seminal articles on economic analysis on legal issues, and the topic lit a fire within Jonathan. When Landes offered him a job at one of his firms, he accepted the position upon graduation. Later, Jonathan obtained and M.B.A., joined the U.S. Air Force as a pilot, but never lost his interest in economics. After completing active duty, he returned to Chicago, joined Lexecon Inc (now Compass Lexecon) and now has over three decades of experience working as a professional expert economist.
Jonathan graduated from The University of Chicago with his B.A. (Economics and Mathematics), M.B.A. (Finance and Accounting), and Ph.D. (Business Economics). After about ten years at Lexecon, Jonathan joined Chicago Partners as a Principal, where he remained until 2007. In 2007, after more than a decade straight as Principal at Chicago Partners, Analysis Group recruited Jonathan to establish its office in Chicago. Then, in 2012, he stepped into the role of Chief Economist for the Office of the Attorney General for the state of New York. After leaving that role in 2013, driven by a catastrophic child birth involving his wife and son, Jonathan returned to Chicago to care for his family.
Jonathan later commenced work through his newly-formed firm Chicago Economics Corp, where he works to this day as an expert economist and testifies regularly in courts and other proceedings. Jonathan is frequently supported by the expert economics professionals at Compass Lexecon, where he serves as a Senior Consultant, He also is supported by others from time to time.
Throughout his career, Jonathan has testified as an expert witness for a number of high-profile cases, including a criminal LIBOR matter, the Enron Litigation, Ponzi scheme cases, the Winstar cases for the Department of Justice, and the Commonwealth Puerto Rico during its financial distress litigation.
In his spare time, Jonathan likes to stay up-to-date with the latest industry happenings through several niche publications. His favorites to read are the American Economics Review, The Journal of Law and Economics, and the Journal of Finance.
When it comes to Economics, Jonathan Arnold has a general approach and philosophy for the work he does: look at the underlying empirical data, because empirical analysis and results will always give you the true story, not an abstract theory.
Outside of his career, Jonathan Arnold is a family man who loves spending time with his family. His wife, Stephanie Arnold, is an accomplished author and writer of the massively popular 37 Seconds. Together, they have three beautiful children with whom they love spending as much time as possible.
For the latest from Jonathan on Economics, please visit his blog!