Simon Johnson

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Simon H. Johnson (* 1963 in Sheffield ) is an American economist of British origin. From March 2007 to August 2008 he was chief economist at the International Monetary Fund (IMF). Since 2004 he has worked as the Ronald A. Kurtz Professor of Entrepreneurship at the MIT Sloan School of Management .

Life

He holds degrees as Bachelor of University of Oxford , a Master of Arts ( MA ) of the University of Manchester and the doctoral degree ( Ph.D. ) in Economics from MIT (PhD 1989 Rudi Dornbusch ). Johnson has held numerous academic and political positions in his career. Currently (as of 2011) he works at the National Bureau of Economic Research and Center for Economic Policy Research and works as a consultant for the Congressional Budget Office . For his independence, Johnson emphasizes that although he has given lectures to interest groups, he is neither in a company position nor does any sponsored research.

Johnson's areas of expertise include financial markets. He criticized while the influence of financial institutions on the government (what he calls " financial oligarchy called") and advocated, among other things, the investigation by the Securities and Exchange Commission SEC against Goldman Sachs . On the basis of some research results, he rejects the attempt by Republicans to portray home purchases by the poor as the cause of the financial crisis (see controversy on the Community Reinvestment Act ) and instead sees the deregulation of the financial sector , which has been going on for thirty years, as the main cause. On a broadcast on the Bill Moyers Journal , the Public Broadcasting Service magazine , he said he voted for Barack Obama in the 2008 US presidential election to make a difference. He commented critically that he was optimistic, but so far did not see any improvements in terms of lobbying power.

He caused a stir in April 2011 when he described Josef Ackermann , the head of Deutsche Bank at the time , as “one of the most dangerous bank managers in the world” in a newspaper interview .

Publications

  • Inflation, Intermediation and Economic Activity. Dissertation. Massachusetts Institute of Technology, 1989
  • (Ed.): The Collected Works of Franco Modigliani. Volumes 4 and 5. MIT Press, 1989
  • with Gary Loveman & David Kotchen: Managing business enterprises after communism. Harvard Business School Publishing, 1994
  • with Gary Loveman: Starting over in Eastern Europe: Entrepreneurship and Economic Renewal. Harvard Business School Press, 1995, ISBN 087584569X
  • with James Kwak: 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. Pantheon, 2010, ISBN 0307379051

Web links

Individual evidence

  1. ^ IMF: Simon Johnson - Biographical Information
  2. ^ Peterson Institute for International Economics: Biography: Simon Johnson
  3. Simon Johnson: The Quiet Coup . In: The Atlantic . May 2009
  4. Simon Johnson: The Poor: Caused the Crisis? In: Project Syndicate . January 19, 2011
  5. ^ PBS : Bill Moyers Journal: Simon Johnson . February 13, 2009
  6. Ulrike Herrmann: Ex-IMF chief economist on banking crises: "Ackermann is dangerous" . In: the daily newspaper . April 13, 2011
  7. Markus Diem Meier: "Josef Ackermann is one of the most dangerous bankers in the world" . In: Basler Zeitung . April 14, 2011
  8. Dietmar Neuerer: Attack on Ackermann: Deutsche Bank rejects criticism from ex-IMF chief economist . In: Handelsblatt . April 14, 2011