Rob Johnson

Involvement Social

Rob Johnson is the President of the Institute for New Economic Thinking (INET), which he co-founded with George Soros, William Janeway, and James Balsillie in 2009. From the outset, the founders envisioned INET as a globally engaged network that could lead the evolution of economic thought toward the interest of people and the planet. For over a decade Johnson has convened global initiatives with the greatest economic minds of our time, including conferences around the world, from Bretton Woods to Hong Kong; the Commission on Global Economic Transformation, in partnership with academics, business leaders, policymakers, and NGOs; the Young Scholars Initiative; new economic thinking curricula and online courses with leading scholars like Michael Sandel and Perry Mehrling; and groundbreaking research projects that challenge economic orthodoxy.

In 2020, when the world was at the onset of the COVID 19 pandemic, Johnson and the Institute for New Economic Thinking opened up a new channel, bringing leading thinkers to the table on his podcast/videocast, “Economics and Beyond with Rob Johnson.” The podcast draws on the expertise of the Commission on Global Economic Transformation, Nobel laureates, and economic experts associated with INET and beyond. Discussion topics range broadly, from the latest economic ideas, to the climate crisis and the pandemic, to the impact of music and the arts on public policy.

Johnson has also been an international investor and consultant to investment funds and philanthropic institutions on issues of strategy. He sits on the board of directors of both the Economic Policy Institute and the Campaign for America’s Future, serves on the external advisory council of Princeton University’s School of International and Public Affairs, and is the former President of the National Scholastic Chess Foundation. He served on the United Nations Commission of Experts on International Monetary Reform under the Chairmanship of Joseph Stiglitz, and has also taught as an adjunct professor at the Union Theological Seminary and at SIPA at Columbia University

Previously, Johnson was a Managing Director at Soros Fund Management where he managed a global currency, bond, and equity portfolio specializing in emerging markets. His focus was on emerging Asia with a particular focus on the development of China. Johnson has been a participant in many forums in China and is a frequent attendee of the China Development Forum in Beijing. Johnson began his private-sector career at Bankers Trust Company as a macro strategist and portfolio manager focused on the financial strategies of intra-European currency trading. At Soros Fund Management, Johnson was also a part of the famous team of speculators that broke the Bank of England in 1992, forcing the British pound out of the ERM.

Johnson served as Chief Economist of the U.S. Senate Banking Committee under the leadership of Chairman William Proxmire (D - Wisconsin) at the time of the 1987 stock market crash and the savings and loan crisis. Before this, he was Senior Economist of the U.S. Senate Budget Committee under the leadership of Chairman Pete Domenici (R - New Mexico).

Johnson is also a documentary film producer, whose credits include Amazing Grace (directed by Alan Elliott), the Oscar-winning Taxi to the Dark Side (directed by Alex Gibney), and Money-Driven Medicine (directed by Andrew Fredericks).

Related to his work as a documentary film producer are his ongoing efforts to bring technical economic issues to a wider and more general public by supporting the creation of economics courses, such as The Economics of Money & Banking, by Perry Mehrling, and fostering a cooperation agreement between the Pontifical foundation Scholas Occurrentes and the INET’s Commission on Global Economic Transformation.

Johnson also founded and ran a music organization under the name of Bottled Majic Music that made blues and roots music recordings on the Rooster Blues and Okra-Tone labels and evolved into music artist management and music documentary film production.

Johnson received a Ph.D. and M.A. in Economics from Princeton University and a B.S. in both Electrical Engineering and Economics from the Massachusetts Institute of Technology.

By this expert

Economic Policy Must Address Excessive Private Sector Leverage

Article | Nov 6, 2013

Adair Lord Turner, former Chairman of Great Britain’s Financial Services Authority and current Senior Fellow at the Institute for New Economic Thinking, will argue in a keynote address to the Federal Reserve Bank of Chicago on Thursday that central banks must be equipped in future to address the dangers of excessive private sector leverage, using both pre-emptive interest rate policy and macro-prudential policy tools.

Cyprus Fiasco Could Undermine the Euro Zone

Article | Oct 25, 2013

The rescue of Cyprus was a microcosm of how the nations of Europe have failed to work together to adequately address their ongoing financial crises.

We Can Do Better

Article | Oct 24, 2013

In the aftermath of the 2008 financial crisis, distrust in the financial sector was widespread. Even after the mess appeared to be cleaned up, the uncertainty over whether the worst was over remained real.

The Financial World Five Years after Lehman Brothers

Article | Sep 16, 2013

What have we learned about the American political economy from the crisis and its aftermath?

Featuring this expert

Tax the Rich

Video | Apr 14, 2021

“Patriotic people pay taxes.”

The Identity War

Video | Apr 7, 2021

Your identity is being used against you. Can economics help?

The Master Algorithm

Video | Mar 16, 2021

What’s the Future and Why It’s Up to Us

Rob Johnson joined the Background Briefing with Ian Masters

News Feb 25, 2021

Rob Johnson appeared on the Background Briefing with Ian Masters to discuss working with Trumpsters, the source of their anguish, and important pathways to healing

Offsite links

Will Trump’s White Working Class Voters Be Seduced and Abandoned?

Nov 21, 2016 Background Briefing with Ian Masters