David Smick

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David M. Smick

David M. Smick is a macroeconomic adviser to a select group of prominent global investment funds and a non-fiction author. He is the chairman and CEO of Johnson Smick International, a financial advisory firm in Washington, D.C. where he is in partnership with former Federal Reserve Vice Chairman Manuel H. Johnson.[1] Smick wrote an acclaimed book The World Is Curved on the financial perils of globalization, in response to The World Is Flat bestseller by Thomas Friedman. The book received positive reviews by the USA Today[2] and Forbes,[3] was called "astonishingly prescient" by David Brooks[4] and "clairvoyant" by David Ignatius.[5]

David Smick's most recent book is The Great Equalizer: How Main Street Capitalism Can Create an Economy for Everyone, published January 10, 2017, by PublicAffairs. The book reached number 8 on the New York Times hardcover nonfiction bestseller list [6] and was praised by both House Speaker Paul Ryan (R-WI) and former Obama Economic adviser Lawrence Summers. The book identified the conditions that lead to the unexpected rise of both 2016 Democratic primary candidate Bernie Sanders and Republican Donald Trump.

David Smick is the publisher and the founding editor of the quarterly magazine International Economy. He also published widely, including The New York Times, The Wall Street Journal and The Washington Post.[7]

According to a 2012 Washington Post column by Smick, the "globalization model" that has dominated economics in the late-20th century and early 21st century is "cracking up", with "no new model to replace it".[8]

Smick argues that industrialized world policymakers would be foolish to ignore the worldwide perils of today's subpar global economic growth rates.[9]

Books[edit]

  • The Great Equalizer: How Main Street Capitalism Can Create an Economy for Everyone (PublicAffairs, 2017).
  • The World Is Curved: Hidden Dangers to the Global Economy (Penguin Portfolio, 2008).

References[edit]