A superb economist, indeed
Latest update:
Andrei Shleifer, born Feb 20, 1961, Moscow. Professor of Economics at
Harvard University. His current classes:
http://scholar.harvard.edu/shleifer/classes
Kids, this is just incredible:
"Andrei Shleifer headed a Harvard project under the auspices of the
Harvard Institute for International Development (HIID) that invested
U.S. government funds in the development of Russia's economy."
"In 1997, the U.S. Agency for International Development (USAID)
canceled most of its funding for the Harvard project after
investigations showed that top HIID officials Andre Schleifer and
Johnathan Hay had used their positions and insider information to
profit from investments in the Russian securities markets. Among other
things, the Institute for a Law Based Economy (ILBE) was used to
assist Schleifer's wife, Nancy Zimmerman, who operated a hedge fund
which speculated in Russian bonds.
In August 2005, Harvard University, Shleifer and the Department of
Justice reached an agreement under which the university paid $26.5
million to settle the five-year-old lawsuit. Shleifer was also
responsible for paying $2 million worth of damages, though he did not
admit any wrongdoing."
& despite of that he still teaches at Harvard. Who cares the dude is a
criminal for he did so much for the New Keynesian economics!
Tags: untagged
Authors: ag