Anatole Kaletsky

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Anatole Kaletsky (born June 1, 1952) is a journalist and economist based in the United Kingdom. He is Editor-at-Large and Principal Economic Commentator of The Times, where he writes a thrice-fortnightly column on economics, politics and financial markets.

He was named Newspaper Commentator of the Year in the BBC’s What the Papers Say awards for 1996. He has twice received the British Press Award for Specialist Writer of the Year, has won the Wincott Award for economic journalism administered by the Institute of Economic Affairs, and the First Cernobbio-Europe prize.

He has been an economic consultant since 1997, providing policy analysis and asset allocation advice to financial institutions, multinational companies and international organisations through his company, GaveKal, which is co-run with Louis and Charles Gave. He was elected to the governing Council of the Royal Economic Society in 1998.

Mr Kaletsky was born in 1952 in Moscow, USSR and also spent his childhood in Poland and Australia. He has lived in England and the US since 1966. Mr Kaletsky was educated at King's College at the University of Cambridge where he graduated with a first class honours degree in Mathematics and at Harvard University, where he was a Kennedy Memorial Scholar and gained a master's degree in Economics. He is married to Fiona Murphy, a documentary film producer and they have two sons, Misha and Sasha, and one daughter, Kitty. In 1976 he joined The Economist, writing about business and finance. Three years later he moved to the Financial Times, working in a variety of posts including New York Bureau Chief, Washington Correspondent, International Economics Correspondent and Moscow Correspondent.

Beginning in 1990 he was Economics Editor of The Times, responsible for all economic news and analysis, and resigning in 1996 to create his consultancy practice. He is the paper’s principal commentator on economic and financial affairs, and is now Editor-at-Large writing for The Times Comment pages on Thursdays and for the Times Business section on alternate Mondays. Like many economists, his predictions have surpassed by subsequent events, and this tendency was noted by the satirical magazine Private Eye. For example, Kaletsky wrote, "… I am one of the few economic commentators who has consistently made light of the anxieties about a “day of reckoning” for British homeowners and consumers …"[1] Predictions include that "the credit crunch seems to be ending" (June 2008)[citation needed] and that "there will be no US recession" (January 2008)[citation needed].

In 2010, Kaletsky suggested the emergence of a new form of capitalism, which he calls Capitalism 4.0. The book's writing was primarily influenced by the subprime mortgage crises of 2007 to 2009; and draws upon the pattern or the fallibility of capitalism. [2] In his book Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis, Kaletsky suggests that capitalism is "not a static set of institutions but an evolutionary system that reinvents and reinvigorates itself through crisis[3]."

References

  1. ^ Anatole Kaletsky Britain doesn't have to make things to boom 19 August 2004
  2. ^ Private Eye, 2 Oct - 15 Oct 2009, Issue No. 1246, p.9.
  3. ^ Kaletsky, A. (2010) Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis. NY; Perseus/Public Affairs


External links

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