Mark Zandi

Mark Zandi

PA, US
Chief Economist and Co-founder of Moody's Economy.com

A trusted adviser to policymakers and influential source of economic analysis to businesses, journalists and the public, Mark Zandi has frequently testified before Congress and has advised the Obama administration as well as Senator John McCain's presidential campaign. His clear and articulate explanations of complex economic and financial phenomena have made him a sought-after speaker at client briefings and conferences, a nonpartisan consultant to government officials, and a valued source of facts and analysis for major news media outlets. As chief economist and cofounder of Moody's Economy.com, Dr. Zandi directs the firm's research and consulting activities for businesses, government agencies, and other entities in the U.S. and around the globe. His recent research has focused on the determinants of mortgage foreclosure and personal bankruptcy, analyzed the economic impact of various tax and government spending policies, and assessed the appropriate policy response to bubbles in asset markets. He is the author of Financial Shock, a critically acclaimed exposé of the financial crisis. His forthcoming book, Paying the Price, provides a roadmap for meeting the nation's daunting fiscal challenges.

A trusted adviser to policymakers and influential source of economic analysis to businesses, journalists and the public, Mark Zandi has frequently testified before Congress and has advised the Obama administration as well as Senator John McCain's presidential campaign. His clear and articulate explanations of complex economic and financial phenomena have made him a sought-after speaker at client briefings and conferences, a nonpartisan consultant to government officials, and a valued source of facts and analysis for major news media outlets. As chief economist and cofounder of Moody's Economy.com, Dr. Zandi directs the firm's research and consulting activities for businesses, government agencies, and other entities in the U.S. and around the globe. His recent research has focused on the determinants of mortgage foreclosure and personal bankruptcy, analyzed the economic impact of various tax and government spending policies, and assessed the appropriate policy response to bubbles in asset markets. He is the author of Financial Shock, a critically acclaimed exposé of the financial crisis. His forthcoming book, Paying the Price, provides a roadmap for meeting the nation's daunting fiscal challenges.

Financial Shock: Could It Happen Again?

How could a once-obscure lending category unleash the worst financial crisis since the Great Depression? How did the effects of the U.S. subprime mortgage crisis spread around the globe? Faulty reasoning and greed created an environment that led up to the crisis, and laxity allowed it to spread. To avoid a recurrence, homeowners, investors and policymakers would do well to examine not only specific missteps, but also the deeper forces behind the crisis, including homeowner psychology,...
Educational / Informative

The Great Recession: A Changed Landscape

Everything about the economic downturn that began in December 2007 has been out of the ordinary. The same will be true of the recovery. The excesses that led to the worst U.S. recession since the Great Depression mean that markets as well as the regulatory environment will emerge substantially altered. Consumer spending, saving habits, credit markets, the composition of the labor force, global trade dynamics-all have been deeply rattled by global financial and economic developments. How and...
Educational / InformativeInspirational / Life-changing

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