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Simon Johnson
Economist, MIT
Simon Johnson is a Professor of Entrepreneurship at MIT Sloan School of Management. He is a co-founder of the economic blog BaselineScenario.com, and the former Chief Economist at the International Monetary Fund. He is the co-author, with James Kwak, of "13 Bankers," a recent book that assesses the U.S. financial sector's role in the economic crisis.
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WASHINGTON, DC – There are two leading views about the world’s financial system. The first, heard mostly from executives at leading global banks and their allies, is that the system […]
3 min
The economist remembers a famous Theodore Roosevelt quote: “Fear the emergence of a financial aristocracy.”
1 min
Because of structural changes, crises could now become more frequent, and the most obvious source of danger now is in emerging markets.
3 min
The system of beliefs and incentives caused the financial crisis, says Simon Johnson.
2 min
A core group of bankers have become so powerful they can do enormous damage to society—and they really don’t care.
6 min
At a White House gathering in early 2009, the administration bailed out the banking system without addressing the problems on Wall Street that caused the financial meltdown.
15 min
A conversation with MIT professor and Peter Institute for International Economics senior fellow.