Bio
Robert Hormats
Robert D. Hormats is under secretary for Economic, Energy, and Agricultural Affairs in the U.S. Department of State. Prior to his appointment in 2009, Hormats was vice chairman of Goldman Sachs International and a managing director of Goldman Sachs & Co. Hormats has served as US assistant secretary of state for economic and business affairs, ambassador and deputy US trade representative, and senior deputy assistant secretary for economic and business affairs at the Department of State.
He was a senior staff member on the National Security Council from 1969 to 1977, where he was senior economic advisor to Henry Kissinger, Brent Scowcroft, and Zbigniew Brzezinski. He was a recipient of the French Legion of Honor and Arthur Fleming Award. He is also a member of the Council on Foreign Relations. Hormats is the author of several books including The Price of Liberty.
Gillian Tett
Gillian Tett is the US managing editor of the Financial Times, where she leads the editorial development of the paper's US edition. During her nearly 20 years at the publication, she has served in a number of capacities including capital markets editor, deputy editor of the Lex column, Tokyo bureau chief, and a reporter in London. She won Journalist of the Year (2009) and Business Journalist of the Year (2008), both from the British Press Awards. In 2007 she was awarded the Wincott prize, the premier British award for financial journalism, for her capital markets coverage. She is the best-selling author of Fool’s Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe; and Saving the Sun: A Wall Street Gamble to Rescue Japan from its Trillion Dollar Meltdown, which won Financial Book of the Year at the inaugural Spear's Book Awards in 2009.
Encyclopædia Britannica Article
- political economy
Academic discipline that explores the relationship between individuals and society and between markets and the state, using methods drawn from economics, political science, and sociology. The term is derived from the Greek terms polis (city or state) and oikonomos (one who manages a household). Political economy is thus concerned with how countries are managed, taking into account both political and economic factors. The field today encompasses several areas of inquiry, including the politics of economic relations, domestic political and economic issues, the comparative study of political and economic systems, and the study of international political economy.
- political economy on britannica.com
© 2010 Encyclopædia Britannica, Inc.
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