Kenneth Rogoff

Kenneth Rogoff  link Amazon Twitter Website (Economist, chess player)
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Born	March 22, 1953 Rochester, New York,USA
Nationality	US
Ethnicity	Jewish
Alma mater	Yale University, MIT
Spouse	Evelyn Brody
Interests	bitcoin, cash
Chief Economist of the International Monetary Fund 2001-3, Jackson Hole and WEF AGM regular.

Kenneth Rogoff is a US economist. A Jackson Hole and WEF/AGM regular and proponent of austerity, he is one of the most quoted economists in the New York Times and Wall Street Journal.

Rogoff was caught using incomplete data in his studies. Dylan Gyauch-Lewis pointed out that:

In 2010, Rogoff co-wrote, with Carmen Reinhart, a paper titled 'Growth in a Time of Debt' that came to define the acceptable boundaries of fiscal policy in the 2010s. And, while Rogoff has complained about being dismissed as an austerity-peddler, the fact remains that he and Reinhart became the go-to citation for governments when they slashed welfare spending and imposed sharp cost controls. The analysis that Rogoff and Reinhart lean on was flawed from the start, however, and, for anyone without an Ivy League professorship, their oversight probably would have been career-ending. Despite efforts to substantiate his claims about the relationship between debt and growth rates in more recent work, huge methodological and theoretical issues remain. That Rogoff continues to be treated as a credible voice on economic issues is a striking indictment of our media ecosystem.

Early life and education

Rogoff grew up in a Jewish family in Rochester, New York. His father was a professor of radiology at the University of Rochester. At sixteen Rogoff dropped out of high school to concentrate on chess. He won the United States Junior Championship in 1969 and spent the next several years living primarily in Europe and playing in tournaments there. However, at eighteen he made the decision to go to college and pursue a career in economics rather than to become a professional player.

Rogoff received a B.A. and M.A. from Yale University in 1975, and a PhD in Economics from the Massachusetts Institute of Technology in 1980.

Career

Early in his career, Rogoff was an economist at the International Monetary Fund (IMF), and at the Board of Governors of the Federal Reserve System.

Rogoff was the Charles and Marie Robertson Professor of International Affairs at Princeton University. In 1998 he joined the faculty at Harvard University, and later was appointed as the Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard. He also was Chief Economist of the International Monetary Fund from 2001–2003. He then was Maurits C. Boas Chair of International Economics at Harvard.

In 2002, Rogoff was in the spotlight because of a dispute with Joseph Stiglitz, former chief economist of the World Bank and 2001 Nobel Prize winner. After Stiglitz criticized the IMF in his book, Globalization and Its Discontents, Rogoff replied in an open letter. He is also a regular contributor to George Soros' media organization Project Syndicate since 2002.

Cashless society

Kenneth Rogoff published a book that claims that $100 bills enable tax evasion and crime while thwarting aggressive monetary policy.

References

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