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Q&A: Economic ‘Prophet’ Now Showing Classes How Theory Translates into Practice

By Guest PostMay 3, 2012Economyaleh tsyvinski, american goods, asia, China, economic, economic system, economist, Europe, france, Germany, global economy, globalization, Greece, ireland, italy, jackson institute, japanese economy, jeff garten, lessons of japan, macro debate, macroeconomics, michael marsland, minister of finance, morgan stanley asia, portugal, practice, prognosis, prophet, rick levin, school of management, som, spain, stephen roach, the next china, theory, united states, Wall Street, world economy, xiang huaicheng, yale

Stephen Roach is a respected authority on Asia — China in particular — and an often-cited and widely recognized prophet on the global economy.

Until recently chair of Morgan Stanley Asia and long the firm’s chief economist, Roach came to Yale in 2010 as a senior fellow in the newly inaugurated Jackson Institute for Global Affairs, with a joint appointment at the School of Management (SOM). This spring Roach announced he would be retiring from Morgan Stanley after 30 years with the firm to teach full time at Yale.

YaleNews recently met with the economist in his office to discuss his new career as a teacher and to get his prognosis on the future of the world economy. (more…)

‘Nightmare’ Economy Still a Source of Restless Nights, says Krugman

Paul Krugman. Image credit: Yale University

Nobel Prize-winning economist and New York Times columnist Paul Krugman had some generally dismal news for the near capacity audience that came to Sprague Hall on Tuesday for his Jackson Institute-sponsored town hall meeting.

The gathering, aimed at undergraduates, was held in conjunction with Krugman’s visit to Yale to receive the Henry E. Howland Memorial Prize, one of the highest honors that the University bestows.

Krugman was introduced by President Richard C. Levin; the two were briefly colleagues in Yale’s Department of Economics in the 1970s. He kicked off the Q&A with background on the current economic situation. (more…)

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Q&A: Economic ‘Prophet’ Now Showing Classes How Theory Translates into Practice

‘Nightmare’ Economy Still a Source of Restless Nights, says Krugman