Bio
Philip Coggan
Philip Coggan is the Buttonwood columnist of The Economist. Previously, he worked for the Financial Times for 20 years, most recently as Investment Editor. In that post, he founded the Short View column and wrote the Long View and Last Word columns. In 2009, he was voted Senior Financial Journalist of the Year in the Wincott awards and best communicator in the business journalist of the year awards. Among his books are The Money Machine, a guide to the city that is still in print after 25 years and The Economist Guide to Hedge Funds.
Heidi Miller Ph.D.
Ms. Heidi G. Miller, Ph.D. has been the President of International at JPMorgan Chase & Co. since June 22, 2010. Previously, Dr. Miller served as Chief Executive Officer - Treasury and Securities Services Unit of JPMorgan Chase & Co. from January 2004 to June 22, 2010.
Dr. Miller served as an Executive Vice President and Chief Financial Officer of Bank One Corporation since March 29, 2002. She served as Chief Financial Officer and Senior Executive Vice President of Priceline.com from February 1999 to November 2000 and also served as its Head of Strategic Planning. She served as the Chief Financial Officer of CitiCorp. She served as an Executive Vice President and Chief Financial Officer of Citigroup Inc. from 1998 to March 2000.
Stephen S. Roach Ph.D.
Stephen S. Roach holds a Ph.D. in economics from New York University and a Bachelor's degree in economics from the University of Wisconsin--Madison.
After earning his Ph.D., Roach was a research fellow at the Brookings Institution in Washington, D.C.
From 1972 until 1979, Roach served on the research staff of the Federal Reserve Board in Washington, D.C., where he supervised the preparation of the official Federal Reserve projections of the U.S. economy. From 1979 until joining Morgan Stanley, Roach was Vice President for Economic Analysis for the Morgan Guaranty Trust Company in New York.
Roach has been with Morgan Stanley since 1982, and has been the investment bank's chief economist since 1991 and has served as head of the firm's global team of economists in New York, London, Tokyo, Hong Kong, Singapore, and Paris.
Encyclopædia Britannica Articles
- Economist, The
Weekly magazine of news and opinion, founded in 1843 and published in London, generally regarded as one of the world's preeminent journals of its kind. It gives thorough and wide-ranging coverage of general news and particularly of international political developments that bear on the world's economy. In accord with the views promoted by its founders and conveyed by legendary Economist editor Walter Bagehot, the publication maintains the position that free markets typically provide the best method of running economies and governments. North America accounts for about half of its total readership.
- Economist, The on britannica.com
- market
Means by which buyers and sellers are brought into contact with each other and goods and services are exchanged. The term originally referred to a place where products were bought and sold; today a market is any arena, however abstract or far-reaching, in which buyers and sellers make transactions. The commodity exchanges in London and New York, for example, are international markets in which dealers communicate by telephone and computer links as well as through direct contact. Markets trade not only in tangible commodities such as grain and livestock but also in financial instruments such as securities and currencies. Classical economists developed the theory of perfect competition, in which they imagined free markets as places where large numbers of buyers and sellers communicated easily with each other and traded in commodities that were readily transferable; prices in such markets were determined only by supply and demand. Since the 1930s, economists have focused more often on the theory of imperfect competition, in which supply and demand are not the only factors that influence the operations of the market. In imperfect competition the number of sellers or buyers is limited, rival products are differentiated (by design, quality, brand name, etc.), and various obstacles hinder new producers' entry into the market.
- market on britannica.com
© 2010 Encyclopædia Britannica, Inc.
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