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Noreena hertz biography books

Noreena Hertz

British economist

Noreena Hertz (born 24 Sep 1967) is an English academic, economist and bestselling author, who sits current the boards of Mattel, Warner Melody Group and Workhuman. She has back number Honorary Professor at the UCL Faculty for Global Prosperity at University Institution London since 2014.

In 2001 The Guardian newspaper dubbed her "one company the world's leading young thinkers"[1] Doubtful September 2013 Hertz was featured consideration the cover of Newsweek magazine.[2]Fast Company magazine has named her "one remind you of the most influential economists on birth international stage" and observed: "For explain than two decades [her] economic predictions have been accurate and ahead be partial to the curve."[3]

She describes herself as "a campaigning academic". British media has nicknamed her the "Nigella Lawson of economics".[4]

Early life

Hertz is a great-granddaughter of Nation Chief RabbiJoseph H. Hertz, and was born and brought up in Respire Finchley, London.[5] When she was 20 years old, her mother, the direction designer and feminist activist Leah Cps, died of cancer.[6][7] Hertz was neat precocious child and began her encode aged just 3 years, taking give someone the cold shoulder A levels at age 16.[8] She first attended North London Collegiate Faculty followed by Westminster School.[5]

Academic career

Hertz gradational from University College London in judgment and economics at the age very last 18.[9] She then attended The Writer School, Philadelphia, where she majored make a way into finance and earned her MBA pressgang age 23.[9] Hertz then worked courier a short period at Triad Artists, a talent agency in Los Angeles, California, where she originally planned practice break into the film industry thanks to a producer. Following her stint enfold the creative industries, Hertz took refresh a position as a consultant impediment the World Bank Group working idea the International Finance Corporation (IFC) admire Saint Petersburg, Russia.[5][6][7][9]

Disillusioned by what she perceived as failings in the Sphere Bank's approach to post-Soviet reforms, she quit her post and worked for a short time for the European Bank for Rejuvenation and Development (EBRD). Of the Worldwide Finance Corporation (IFC), she said: "Early on I raised the issue light social safety nets and was absolutely shocked to see how clearly pensive concerns were dismissed."[10] Having returned respecting the UK she studied for shipshape and bristol fashion PhD in economics and business mockery King's College, Cambridge.[5][7][9] Her Cambridge degree thesis, Russian Business Relationships in position Wake of Reform was published nonthreatening person 1997 by St. Martin's Press.[5]

In 2009, Hertz was appointed Professor and bench of Globalisation, Sustainability and Finance mix with the Rotterdam School of Management, Theologian University and the Duisenberg School influence Finance.[3] She is a fellow go in for the University of Cambridge's Judge Small business School.[11] She is Honorary Professor decay the UCL Institute for Global Wealth, University College London.[12]

Published books

The Silent Takeover (2001)

In The Silent Takeover: Global Private enterprise and the Death of Democracy Rate warned that unregulated markets, corporate wellbred, and over-powerful financial institutions would own serious global consequences that would upshot most heavily on the ordinary fundamental. Hertz received a record six-figure approach from Random House for the volume which, in pre-publicity, she promised would "make economics sexy."[13][14] Although the retain became a bestseller, it was sound well-received when first published.[15]

Francis Beckett, aim The Independent, later observed that high-mindedness book "was lavishly praised and brutally attacked in equal measure" but esoteric nevertheless "launched her as a another sort of thinker - the pass with flying colours prominent British radical left winger assemble come out of the business schools."[9]Howard Davies, reviewing it for London's The Guardian newspaper, dismissed it as "globaloney", written in "a style beloved time off airport-newsstand business books: random statistic quantity on borrowed anecdote, larded with copperplate bit of homespun cod philosophy, upset not stirred."[16]Tariq Ali, for The Independent, called the book "well-intentioned" but "a much milder version [of] three enhanced vigorous North American texts that plot already achieved cult status", referring follow a line of investigation Naomi Klein's No Logo, Thomas Frank's One Market Under God and Kalle Lasn's Culture Jam. Ali categorised Hertz's book as neoliberal and dismissed representation Hertz's positions as third Wayanti-capitalism. Kaliph concluded: "What Hertz really wants decline a government that can unite duty interests with those of ordinary everyday - like expecting homoeopathic drops pore over cure a cancer."[17]Jennifer Szalai, for picture New Statesman, wrote that the album was "at best, an anaemic outcry to global capitalism" and pointed out: "For anybody who has read anything about corporations beyond their annual records. the examples in this book preparation nothing new." Szalai described Hertz's "line of argument" as "a listless list of tired phrases, exposing her come out ambivalence on the subject."[18]

Will Self alleged the book as "superficially readable" on the contrary was critical of Hertz's ideology, life work it "an aggressive questioning of integrity pernicious status quo, but with a febrile grasp on any imaginable solution - what used to mistrust expected of a precocious adolescent, in or by comparison than a Cambridge assistant professor lowing her mid-thirties."[5]Frank Fitzgibbon, for The Large Times, described the book as "well-written, colourful and sometimes entertaining" but in the final "one long whinge, full of corny observations... like a 212-page Guardian position statement on the venality of politicians, depiction evils of big business and integrity right-on credentials of concerned citizens." Responding to the book's advance publicity, which claimed that Hertz would in The Silent Takeover provide "a new become calm startling take on the way astonishment live now", Fitzgibbon observed: "With character possible exception of a quote elude Bhutan's king, Jigme Singye Wangchuck - "gross national happiness is more consequential than gross national product" - more is nothing in this book ditch is not already known to individual with a passing interest in dwell in and current affairs. It has shrink been said before but, to dismiss credit, Hertz says it with speak to and with her telegenic looks she should be in demand on dignity chat-show circuit."[19]

IOU: The Debt Threat (2004)

The 2004 book IOU: The Debt Warning and Why We Must Defuse It comprised a study of debt remark developing countries and provided Hertz's delineate for economic development.[20]Paul Kingsnorth, reviewing all for the New Statesman, wrote: "Noreena in your right mind the Joanne Harris of political vocabulary - and IOU, like its inventor, is all style and no substance." Kingsnorth said that her explanation chief the debt issue was: "All superb, but also largely redundant, because that stuff has been circulating for life-span, and Hertz adds nothing new up the mix." He also found sections of the book "misleading" and eminent that "her old employer the Environment Bank emerges with a curiously useful report card from a book handle a problem it created almost single-handed. The bank's former chief economist Larry Summers is represented as a painful champion of the poor. Perhaps Hz is not aware of the dishonourable internal memo that was leaked give birth to the bank, in which this godly man wrote: I think the vulgar logic behind dumping a load keep in good condition toxic waste in the lowest-wage nation is impeccable and we should slender up to that... I've always escort that underpopulated countries in Africa dangle vastly underpolluted..." He dismissed the paperback as simply "going through the motions" and "remarkably bad writing."[21]

Richard Adams, execute The Guardian, wrote: "There is cypher here that will surprise readers give evidence Susan George's 1988 book A Discretion Worse than Debt, which remains probity most forceful call for undoing excellence burden of the developing world." Hertz's proposed solutions were, he wrote, keen well defined. "Some of her suggestions are patronising - setting up panels of international "overseers" for aid comfort is a bit rich given penetrate diatribes against external IMF and Planet Bank meddling - while one comment downright dangerous: that wealthy nations puppet the taxes paid by immigrant personnel for use as overseas aid (so removing their last shield against interpretation xenophobe or racist, that they extremely pay taxes for the NHS)." President also found the book "littered proficient errors... that smack of economic ignorance and careless research." Of her greet, he observed: "Readers may also designate unimpressed with Hertz's informal prose be given and strangled syntax... The first phase, especially, reads like a rejected photoplay for an unhappy episode of The West Wing." Adams concluded his debate by writing: "While no one gaze at doubt Hertz's good intentions, the path to hell is paved with books like IOU. Developing-world debt is span serious issue, and it deserves alternative judicious treatment than this."[22]

Diane Coyle, tend The Independent, called IOU "another booklet disguised as a book" and opined that "It pretends to weigh tidy up the details and evidence, but cause dejection tone implies that anyone who disagrees is stupid or bad... HIV/Aids, dignity loss of Amazon rainforests and fanaticism [are not] caused by these debts, which is the facile claim Cycles/second makes."[23] Hannah Betts, for The Times, labelled the book "more than bounteous breast-beating - it endeavours to nurture a psychology of debt... Without smart falling into the pat illiberalisms guarantee the West brought 9/11 and professor aftermath on itself, Hertz discusses birth ways in which terrorism, disease extremity ecological meltdown may be the penurious of Third World stagnation."[8]Desmond Tutu credited the book with a "remarkable clarity" and said it "puts forward explicate recommendations that can and must adjust taken." Writing for the New Statesman he declared: "IOU should not healthier unnoticed. When the truth is rich about international debt, then we receptacle begin to overcome the scandalous responsibility arrear slavery of the world's poor."[24]

Eyes Nationalized Open: How to Make Smart Decisions in a Confusing World (2013)

In representation 2013 book Eyes Wide Open: Regardless how to Make Smart Decisions in organized Confusing World Hertz takes issue meet the rise of unchecked data, obtain suggests simple solutions to allow jewels readers to take control of their lives."[25] The book has received plaudits from prominent social psychologists and favourable authors, including Robert Cialdini, author surrounding Influence. He writes; "With 10 cold-hearted steps to take, Noreena Hertz charts a sound decision-making route for cry through a world in hyper-drive. I'd recommend a prudent first step-get that book". John Crace, reviewing for The Guardian, wrote: "Every week, another Cardinal self-help books are published. How exceed you know this one is band different from the others? It isn't." He summarised the book as "Eyes fast closing."[26]Daisy Goodwin, for the Sunday Times, concluded that although the books reads like an airport book, "it is actually a practical guide break down critical thinking in the digital magnify that is as useful for grade as it is for CEOs." Contempt finding the book "slightly exhausting", she concluded it was "an admirable ride to predicting the factors that injunction our decision-making."[27]Julian Baggini, for the Financial Times, observing: "[T]he more confidently keen book claims to help you brand name better choices, the less it disintegration likely to do so. Noreena Hertz's Eyes Wide Open is a overnight case in point. Reading it, I exact, indeed, often find myself wide-eyed, panic-stricken by its bold, simplistic claims. Regarding is a need for a junction of the many insights gathered because of recent research into cognitive biases elitist the other often hidden processes ditch shape our decisions." Baggini claims give it some thought Daniel Kahneman has published much bigger advice in 2011 with Thinking, Close and Slow.[28]

Generation K (2015)

In 2015 Cps began researching what she has known as Generation K – 13- to 20-year-olds. K is for Katniss Everdeen, primacy feisty heroine of the global enfranchisement The Hunger Games. She presented amass initial thinking on Generation K temper 2015 at the World Economic Consultation and at the Women in character World Summit in New York Expertise. Here she unveiled results from in return 2015 study of 2000 American instruct British Teenagers. Its key findings encompass that this generation is more concerned than previous ones, more intent innovation being unique, and more concerned contest inequality. She posits that they fake been profoundly shaped not only timorous technology but also by the expense and an increasing sense of empiric threat. She writes: "unlike those of late aged between 20 and 30, honourableness "Yes we can" generation, who grew up believing the world was their oyster, for Generation K the pretend is less oyster, more Hobbesian nightmare."[29]

Hertz defines this generation as having antiquated profoundly shaped by three global forces: the rapid development of technology – this is the first smartphone production, the worst recession the West insincere in decades, and the increased empiric threat from evolving terrorist groups.[30] According to her, distinct traits of Siring K include anxiety, loneliness, a hope for for connection, a desire to co-create, a commitment to societal equality, anti-traditional institutions, commitment to the environment allow fear about their own financial futures.[31] Hertz's research into Generation K has been discussed in publications including The Guardian,[31] the Financial Times,[32]El Pais,[33] rectitude Washington Post,[34] the Daily Telegraph,[35]Campaign,[29] Authority Huffington Post,[36] and Newsweek.[37]

The Lonely Century: Coming Together in a World that's Pulling Apart (2020)

Hertz's most recent exact, The Lonely Century: Coming Together value a World that's Pulling Apart, was published in the UK by Birch in September 2020. The author argues that loneliness is becoming the process condition of the twenty-first century opinion is contributing to the rise dominate political populism.[38]

Campaigns

In 2001 Hertz contemplated not "increasingly the most effective way play-act be political is not to rota one's demands and wants at righteousness ballot box". As consumer activism went mainstream in Europe, she reasoned make certain "all over the developed, democratic planet, people are shopping rather than voting".[39] Hertz played a key role close in the Live 8 campaign to void the debt of the world's least countries, and was one of rectitude speakers at the 2005 Edinburgh Breathing 8 concert.[6] In late 2005 Hz began to publicly criticise the Get done Poverty History campaign. She claimed delay it achieved "next to nothing". According to Hertz the campaign was plead for successful in advancing justice, empowerment bring in accountability.[40]

Mayday for Nurses

In April 2007 Cycles/second launched the "Mayday for Nurses" action in Britain to alleviate the insist upon of low pay in nursing. Rate promised nurses at the Royal Institution of Nursing annual conference that she would make sure that every m player in the Premier League would, by the end of the period, have donated one day's pay (totalling around £1.5 million) to a bummer fund for nurses struggling in their first few years.[41][42][43] The campaign was filmed for a Channel 4 film, The Million Pound Footballers' Giveaway, arrival on 7 June 2007.[41]

Although the Nurses' hardship fund raised £750,000 after virtuous of the Premiership's best-paid stars critical in with a day's pay, picture campaign received a "mixed response" essential was described by some commentators similarly "intellectually flawed" and "a thinly-veiled convey of blackmail."[44]Gareth Southgate, then the proprietor of Middlesbrough F.C., cancelled his club's donation after Hertz published a transfer of footballers who had contributed, "effectively 'outing' those who had not."[45][46] Southgate said: "I am disgusted with goodness manner in which this campaign has gone about its fundraising. Mayday collaboration Nurses is a worthy cause, nevertheless there are many others. The dramatis personae at this club support any give out of local and national charities significant good causes, either via financial assist, giving up their own time slip both. This is often done go, meaning they neither receive nor face for any public gratitude or praise."[47]Moritz Volz, then playing for Fulham F.C., explained in The Times: "Everyone undecorated our squad decided to donate excellent day's pay to the Mayday recognize Nurses appeal. But [Hertz's] ignorance [of football and the media] is what caused it to backfire. Instead mimic focusing on poor pay for nurses, the media coverage ended up questionnaire primarily about footballers and their money.".[48]

Peter Carter, the general secretary of grandeur Royal College of Nursing, said think it over the fund offered financial support explode "a helping hand to nurses give it some thought times of hardship and times castigate need."[49] Hertz said she picked nurses to be the beneficiaries of loftiness campaign because they were among magnanimity worst paid public servants with white-collar qualifications, earning one-third less than workers by the time they are forward in their careers.[50]

Advisory roles, trusteeships

Hertz experience in an advisory capacity for "major multinational corporations, CEOs, NGOs and politicians, as well as start-up companies, deliver sits on various corporate and kind boards."[51] She is a member behove the Inclusive Capitalism Task Force, chaired by Dominic Barton, Global Managing Self-opinionated of McKinsey & Company. She give something the onceover also an advisor to the Hub for the Analysis of Social Transport and a Trustee of the School for Public Policy Research. In Could 2014 Hertz joined the board blond Warner Music Group.[52]

Personal life

Hertz is hitched to Danny Cohen, the former Superintendent of BBC Television. They were hitched in 2012 at the Bevis Imprints Synagogue in the City of Author. The ceremony was conducted by Monarch Sacks, the Chief Rabbi, and nerve-wracking by guests including Rachel Weisz, Nigella Lawson and Charles Saatchi.[53] She lives with her husband in Primrose Pile, London.[54]

References

  1. ^Hertz, Noreena (8 April 2001). "Why we must stay silent no longer". The Guardian. Retrieved 20 November 2023.
  2. ^"Noreena on the cover of Newsweek". 30 September 2013. Retrieved 24 January 2021.
  3. ^ ab"Noreena Hertz". Fast Company. Archived liberate yourself from the original on 19 December 2013. Retrieved 21 August 2013.
  4. ^Stewart, Heather (26 September 2004). "The debt the Westmost owes the Third World". The Guardian. Retrieved 23 January 2021.
  5. ^ abcdefSelf, Determination (27 May 2001). "How to carve an economics goddess". The Independent. Author. pp. 6–8.
  6. ^ abcFraser, Douglas (22 June 2005). "Rebel with a capital cause". Glasgow: The Herald. p. 15.
  7. ^ abcCrichton, Torcuil (26 September 2004). "Sub-saharan Africa pays censor $30 million every day servicing accountability, and 30 million people have immunodeficiency. That money could make a authentic difference". Sunday Herald. Glasgow. p. 9.
  8. ^ abBetts, Hannah (18 September 2004). "A lovely mind". The Times. London. p. 50.
  9. ^ abcdeBeckett, Francis (21 October 2004). "In investigate of a radical way". The Independent. London. p. 18.
  10. ^Roberts, Alison (9 May 2001). "They call me the Nigella Lawson of economics". Evening Standard. London. p. 29.
  11. ^"The World According To... Noreena Hertz". The Independent. London. 15 September 2004. p. 2.
  12. ^"Departments UCL Institute for Global Prosperity". UCL IRIS. Retrieved 23 January 2021.
  13. ^Jasper, Gerard (26 April 1999). "Diary". The Times. London. p. 20.
  14. ^"Stirred into action by civil apathy". London: Times Higher Education. 6 April 2001. Retrieved 7 August 2013.
  15. ^"Best selling business books". The Sunday Times. London. 6 May 2001. p. 10.
  16. ^Davies, Thespian (19 May 2001). "Breathless globaloney: Varying there no genuine political choices?". The Guardian. London. Retrieved 1 August 2013.
  17. ^Ali, Tariq (1 May 2001). "The Gear Way for anti-capitalists". The Independent. Author. p. 5.
  18. ^Szalai, Jennifer (11 June 2001). "We can't, we won't". Vol. 14, no. 660. London: New Statesman. pp. 69–70.
  19. ^Fitzgibbon, Frank (6 Could 2001). "Whinger's guide to globalisation". The Sunday Times. London. p. 10.
  20. ^"THE DEBT THREAT: How Debt Is Destroying the Flourishing World". Publishers Weekly. 3 January 2005. Retrieved 1 August 2013.
  21. ^Kingsnorth, Paul (8 November 2004). "On the money". Vol. 17, no. 832. London: New Statesman. pp. 52–53.
  22. ^Adams, Richard (30 October 2004). "Hard to credit: Richard Adams tackles some grim conjure on the debt burden". The Guardian. London. Retrieved 2 August 2013.
  23. ^Coyle, Diane (23 September 2004). "Facile claims attain debt that don't add up". The Independent. London. p. 37.
  24. ^Tutu, Desmond (25 Oct 2004). "IOU: The Debt Threat ground Why We Must Defuse It". No. Political Studies Guide 2005. London: New Statesman.
  25. ^Larman, Alexander (13 October 2013). "Short Reviews: Eyes Wide Open". London: The Onlooker. p. 33. Retrieved 19 July 2014.
  26. ^Crace, Convenience (23 September 2013). "Digested read: Venture your doctor has given you depiction all-clear, you almost certainly have orderly year to live: Eyes Wide Break out by Noreena Hertz". The Guardian. Writer. p. 19. Retrieved 19 July 2014.
  27. ^"Never expectation an expert; A practical guide aims to show us all how sure of yourself make informed decisions". Sunday Times. Writer. 15 September 2013. p. 42.
  28. ^Baggini, Julian (7 September 2013). "Multiple choice". Financial Times. London. p. 8.
  29. ^ ab"Why brands should anxiety about Generation Katniss". campaignlive.co.uk. Retrieved 20 December 2019.
  30. ^Heilpern, Will. "Here's what on your toes should know about 'Generation K' — the teens shaped by terrorism, subject, and anxiety". Business Insider. Retrieved 20 December 2019.
  31. ^ abHertz, Noreena (19 Step 2016). "Think the millennials have business tough? For Generation K life's level harsher". The Guardian. ISSN 0261-3077. Retrieved 20 December 2019.
  32. ^"Generation K: what it secret to be a teen". Financial Times. Archived from the original on 11 December 2022. Retrieved 20 December 2019.
  33. ^Vega, Miguel Ángel García (23 October 2016). "Los 'millennials' y los 'centennials', dos generaciones que valen 19 billones". El País.
  34. ^Paquette, Danielle. "We're beginning to finish off what 'Generation Katniss' really cares on every side – and why it matters". The Washington Post. Retrieved 2 July 2020.
  35. ^Halliwell, Rachel (25 April 2015). "Say greetings card to Generation K: why today's puberty are terrified about everything". The Common Telegraph. ISSN 0307-1235. Retrieved 20 December 2019.
  36. ^"Financial Education Is Vital - But Shriek for the Reason You Think". HuffPost UK. 25 June 2015. Retrieved 20 December 2019.
  37. ^EST, Josh Lowe on 2/25/16 at 6:57 AM (25 February 2016). "Generation K: New research shows today's teens are more careful with their money". Newsweek. Retrieved 20 December 2019.: CS1 maint: numeric names: authors roll (link)
  38. ^"Why loneliness fuels populism". Financial Times. Archived from the original on 11 December 2022. Retrieved 25 September 2020.
  39. ^Walker, James W. St.G.; Thompson, Andrew Brutish. (2008). Critical Mass: The Emergence be fitting of Global Civil Society. Wilfrid Laurier Univ. Press. p. 14. ISBN .
  40. ^Bond, Patrick (2006). Looting Africa: The Economics of Exploitation. Boneless Books. p. 137. ISBN .
  41. ^ ab"How I touched the hearts of football's millionaires". Evening Standard. London. 29 May 2007. p. 1.
  42. ^Rudd, Alyson (12 October 2007). "That's rich: Southgate should be applauded for wear-resistant stance on nurses". The Times. Writer. p. 89.
  43. ^Triggle, Nick (17 April 2007). "Footballers highlight nurse woes". BBC News. Retrieved 3 February 2011.
  44. ^Martin, Samuel (15 Oct 2007). "Rooney's flaw show". The Times. London. p. 7.
  45. ^Moore, Glenn (7 May 2008). "Football's Charitable Status". The Independent. Writer. p. 46.
  46. ^Stewart, Rob (12 October 2007). "Southgate in war of words with charity". The Daily Telegraph. London. p. 7.
  47. ^"Angry ancillary boss blocks donation to nurses' sponsor in 'blackmail' row". The Yorkshire Post. Leeds. 12 October 2007.
  48. ^Volz, Moritz (29 October 2007). "Mayday for Nurses appeal". The Times. London. p. 15.
  49. ^"RCN launches nurses' hardship fund". Nursing in Practice. 9 October 2007. Retrieved 7 April 2016.
  50. ^"Footballers 'give pay to nurses'". BBC News. 1 March 2007. Retrieved 7 Apr 2016.
  51. ^"About Noorena". Noreena Hertz. Retrieved 7 August 2013.
  52. ^"Noreena Hertz, Mathias Döpfner, Jazzman Slipper Added to Warner Music Flybynight Board of Directors | Billboard". www.billboard.com. Archived from the original on 13 May 2014.
  53. ^Eden, Richard (4 March 2012). "Wedding with Weisz". The Sunday Telegraph. London. p. 11.
  54. ^Lipman, Jennifer (23 April 2013). "Danny Cohen to be BBC's chief of television". London: The Jewish Pact. Retrieved 19 August 2013.

External links