Max Gillman serves as Hayek Professor of Economic History at the University of Missouri – St. Louis. He currently serves as Associate Editor for Economic Modelling, part time Research Professor at Corvinus University of Budapest and Senior Researcher at European Research University (ERUNI), a Research Associate at CERGE-EI, Prague, and at CERS-EI, Budapest, and was in 2024-2025 a Visiting Professor at the National Bank of Slovakia,. Previously he served as full professor at Cardiff Business School, UK, and at Central European University (CEU) in Budapest, where he also served as visiting professor at CEU until 2020. Recent past positions include Senior Fellow at the Corvinus Institute for Advanced Studies, visiting professor at the Bank of Finland, and earlier visiting positions include the Federal Reserve Bank of St. Louis, Loughborough University, UK, New York University, the Federal Reserve Bank of Minneapolis, University of Minnesota, Federal Reserve Bank of Atlanta, The University of Chicago, International Monetary Fund, Monash University, and Melbourne University. Teaching monetary economics and macroeconomics, he has published over 50 research articles in Economics journals, focusing on inflation, financial intermediation, monetary policy, real business cycles, public finance, oil prices, economic growth, development and human capital. Gillman has published four books: The Spectre of Inflation (Columbia U Press, 2023); Principles of Macroeconomics: an Evolutionary Approach (KendallHunt, 2017); Advanced Modern Macroeconomics: Analysis and Application (Pearson, 2011); Inflation Theory in Economics: Welfare, Velocity, Growth and Business Cycles (Routledge, 2009) ; and is Editor of Collected Papers in Monetary Theory, by Robert E. Lucas, Jr. (Harvard U Press, 2013).

Lisans, yüksek lisans ve doktora eğitimini İstanbul Üniversitesi İktisat Fakültesinden aldı. Kırıkkale, Eskişehir Osmangazi, Uluslararası Saraybosna, Türk Hava Kurumu, İstanbul Sabahattin Zaim ve İstanbul Üniversitelerinde öğretim üyesi ve yönetici olarak görev aldı. Başbakanlık Aile Araştırma Kurumunda uzman yardımcısı, Bankacılık Düzenleme ve Denetleme Kurumunda Başkan Yardımcısı, Rekabet Kurumunda İkinci Başkan, ÖSYM’de Başkan Yardımcısı, YÖK ve TÜBİTAK bünyesinde çeşitli kurul ve komisyonlarda başkan ve üye olarak görev yaptı. Türkiye’nin genel, mesleki ve akademik eğitim sistemini Avrupa çerçeveleriyle referanslayan Türkiye Referanslama Raporu yazım ekibi lideridir. Finansal sistem ve ekonomik kalkınma, sosyal politika, yoksulluk ve yükseköğrenim sisteminin reformasyonu başlıca ilgi alanlarıdır. Halen İstanbul Sabahattin Zaim Üniversitesinde öğretim üyesi olan Toprak, İstanbul Sosyal Girişim Derneği Başkanıdır.