He earned a PhD in Economics from University of Paris 1 Panthéon-Sorbonne, where he later became a lecturer and served as Vice-President (1994-1999). Later he was appointed Professor and Head of Economics Department at Galatasaray University in Istanbul from 2002 onward; now Professor Emeritus at Galatasaray University and Sciences Po Paris. He is the Co-Founder and Editorial Director of Turkey’s publishing house, İletişim Yayınları (founded 1982), and editorial board member of the sociopolitical journal Birikim.