Andrew Smithers founded Smithers & Co in 1989. Before that he ran S G Warburg’s successful asset management business for many years (now part of BlackRock). A regular financial commentator and columnist, and author of many academic publications, he co-authored Valuing Wall Street with Stephen Wright (published March 2000). He wrote Wall Street Revalued: Imperfect Markets and Inept Central Bankers (published July 2009), and is also the author of Chapter 6, “Can We Identify Bubbles and Stabilize the System?” in The Future of Finance, published by the LSE in September, 2010.
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Andrew Smithers responds to Lance Taylor’s rebuttal.
Financial commentator Andrew Smithers responds to Lance Taylor’s INET working paper. You may also read Taylor’s response to Smithers’s comment here.