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Richard Vague

Involvement

Richard Vague is currently managing partner of Gabriel Investments, an early stage venture capital fund, and chair of The Governor’s Woods Foundation, a non-profit philanthropic organization. Previously, he was co-founder and CEO of Energy Plus, and also co-founder and CEO of two consumer banks, First USA and Juniper Financial.

Richard currently serves on the University of Pennsylvania Board of Trustees and the Penn Medicine Board of Trustees, and on a number of business boards including the Franklin Square Energy and Power Fund. He is chair of FringeArts Philadelphia, chair of the University of Pennsylvania Press, and chair of the Abramson Cancer Center Development Leadership Council. He is also on the boards of the Franklin Institute, the Museum of the American Revolution, the Pennsylvania Academy of the Fine Arts and Visit Philadelphia.

Richard is the author of The Next Economic Disaster, a book on the global economy, as well as a number of published articles on economic theory. He is editor of the blog delanceyplace.com, which focuses on non-fiction literature.

By this expert

Rapid Money Supply Growth Does Not Cause Inflation

Article | Dec 2, 2016

Neither do rapid growth in government debt, declining interest rates, or rapid increases in a central bank’s balance sheet

The Private Debt Crisis

Article | Sep 21, 2016

China is drowning in it. The whole world has too much of it. History suggests: This won’t end well.

The Coming China Crisis

Article | Mar 18, 2015

Rapid private-debt growth threw Japan into crisis in 1991 and did the same to the United States and Europe in 2008. China may be next.

Featuring this expert

INET Welcomes Two Governing Board Members

News Aug 7, 2018

Arminio Fraga and Richard Vague bring their economic expertise to INET

Private Debt

Event Conference | Hosted by Private Debt | Apr 6–8, 2018

With the support and partnership of the Governor’s Woods Foundation, the Institute for New Economic Thinking will convene top scholars for the Private Debt Initiative

The Debt We Don't Talk About

Video | Mar 28, 2018

Mainstream economists have ignored private debt to our peril

World Economic Roundtable

Explaining a Decade of Stagnation: Where Do We Go From Here?

Event Discussion | Dec 14, 2017

The World Economic Roundtable seeks to help the business, investment, and policy communities understand ongoing changes in the world economy and to promote a discussion of ideas that can advance the goal of a widely shared global prosperity.