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The lack of monetary discipline has become a hallmark of unfettered globalization. Central banks have failed to provide a stable underpinning to world financial markets and to an increasingly asset-dependent global economy.
Stephen S. Roach
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A garden is a grand teacher. It teaches patience and careful watchfulness; it teaches industry and thrift; above all it teaches entire trust.
Gertrude Jekyll
Stephen S. Roach
Creative Commons
Born:
September 16, 1945
(age 80)
Bio:
Stephen Samuel Roach is an American economist and serves as senior fellow at Yale University’s Jackson Institute for Global Affairs and a senior lecturer at Yale School of Management.
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