| Steven M. Fazzari |
Media Assistance:
 Shula Neuman Director, News and Information, Olin Business School and Department of Economics sneuman@wustl.edu (314) 935-5202 |
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| Fazzari |
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| We haven't yet hit bottom Recession's root cause is consumer debt, expert says (http://news-info.wustl.edu/tips/page/normal/11430.html) March 31, 2008 --
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| Tip of the iceberg? Americans' love of spending money - especially on credit - could be bad news for the economy (http://news-info.wustl.edu/tips/page/normal/10054.html) Sept. 17, 2007 --
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| Money makes the world go 'round Challenges for dollar, euro in global economy is focus of St. Louis conference, May 25 (http://news-info.wustl.edu/news/page/normal/7208.html) May 18, 2006 -- What challenges does globalization present for industrialized economies, such as the United States and the European Union? How will fluctuations in dollar and euro exchange rates affect economic growth, inflation and interest rates? Will globalization influence the role of the dollar and the euro in international financial systems? These are a few of the questions to be explored May 25 as high-ranking international finance policymakers from the European Union and the United States join scholars for a conference on "The Euro and the Dollar in a Globalized Economy" at Washington University in St. Louis. |
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| Consumer Debt, Not Housing Bubble, May Be Root of Economic Woes
ConsumerAffairs.com April 2, 2008 -- WUSTL's Steven Fazzari, economics professor, comments on rising consumer indebtedness and it's role in the economic slowdown. Fazzari sees fundamental changes in the economy that are reducing the effectiveness of consumer spending as an economic driver. |
| In time of tumult, obscure economist gains currency
The Wall Street Journal Aug. 20, 2007 -- The recent market turmoil is rocking investors around the globe. But it is raising the stock of one person: a little-known economist named Hyman Minsky, whose views have suddenly become very popular. Minsky, who taught economics at WUSTL and died more than a decade ago, spent much of his career advancing the idea that financial systems are inherently susceptible to bouts of speculation that, if they last long enough, end in crises. At a time when many economists were coming to believe in the efficiency of markets, Mr. Minsky was considered somewhat of a radical for his stress on their tendency toward excess and upheaval. Former WUSTL economics professor Laurence Meyer and current economics professor Steven Fazzari comment. |
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