Financialization: The Economics of Finance Capital Domination

THOMAS PALLEY is an economist living in Washington DC, USA. He is currently an associate of the Economic Growth Program of the New America Foundation in Washington DC. He was formerly chief economist with the US - China Economic and Security Review Commission. Prior to joining the Commission he served as director of the Open Society Institute's Globalization Reform Project and as assistant director of Public Policy at the AFL-CIO. He is the author of Plenty of Nothing: The Downsizing of the American Dream and the Case for Structural Keynesianism, Princeton University Press (1998); Post Keynesian Economics: Debt, Distribution and the Macro Economy, Macmillan/St.Martins Press (1996) and From Financial Crisis to Stagnation: The Destruction of Shared Prosperity and the Role of Economics, Cambridge University Press (2012). He has published in numerous academic journals, and written for The Atlantic Monthly, American Prospect and Nation magazines. His numerous op-eds are posted on his website www.thomaspalley.com. Dr. Palley holds a B.A. degree from Oxford University, UK and a M.A. degree in International Relations and Ph.D. in Economics, both from Yale University.