My Hedlin is an economist studying the private process of money creation by commercial banks. She did her doctoral studies at the European University Institute in Italy and was a fellow at the Edmond J. Safra Centre for Ethics at Tel Aviv University in Israel prior to joining the Edmond & Lily Safra Center for Ethics at Harvard. Additionally, she holds a Bachelor in Business Administration and a Master in Economics from Stockholm School of Economics, as well as a Bachelor and a Master in Civil Engineering from the Royal Institute of Technology, Sweden.   

In her dissertation, My shows that to understand modern banking, economic theory must acknowledge commercial banks not only as credit institutions, but no less than as the primary creators of money in our present-day society. Her work reveals that commercial banks' creation of money can have a significant effect on society by lowering the price of credit, which in turn has not only far-reaching economic consequences (eg firm investment, levels of household debt and bank leverage) but no less raises questions of broader social concern, such as intergenerational fairness and (non)democratic governance. During her year at the Edmond & Lily Safra Center for Ethics, My plans to study the interconnectedness between private and public creation of money; that is, how the private process of money creation by commercial banks is influenced by, as well as influences, the public process of money creation by central banks — and how their joint interaction affects society at large. My will be a joint fellow with Tel Aviv University.