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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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Although there exist many thousand subjects for elegant conversation, there are persons who cannot meet a cripple without talking about feet.
Ernest Bramah
Stephen S. Roach
Creative Commons
Born:
September 16, 1945
(age 79)
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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