Jeffrey E. Garten (born 1946) is an American economist, author, businessman, and former government official who is Dean

Emeritus ''Emeritus/Emerita'' () is an honorary title granted to someone who retires from a position of distinction, most commonly an academic faculty position, but is allowed to continue using the previous title, as in "professor emeritus". In some c ...

at the

Yale School of Management The Yale School of Management (also known as Yale SOM) is the graduate school, graduate business school of Yale University, a Private university, private research university in New Haven, Connecticut. The school awards the Master of Business Admi ...

, where he teaches a variety of courses on

global economy The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, econ ...

. From 1996 to 2005 he was the dean of the school, and from 2005 to 2015 he was the Juan Trippe Professor in international trade, finance, and business. Before that, he was Undersecretary of Commerce for International Trade in the Clinton administration from 1993 to 1995, and had a career on Wall Street as a managing director for the

Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman ...

and

Lehman Brothers Lehman Brothers Inc. ( ) was an American global financial services firm founded in 1850. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merril ...

. He is the author of six books on the global political economy and numerous articles in ''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'', ''

The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...

'', ''

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...

'', ''

Newsweek ''Newsweek'' is an American weekly news magazine based in New York City. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century and has had many notable editors-in-chief. It is currently co-owned by Dev P ...

'', ''

Foreign Affairs ''Foreign Affairs'' is an American magazine of international relations and foreign policy of the United States, U.S. foreign policy published by the Council on Foreign Relations, a nonprofit organization, nonprofit, nonpartisan, membership or ...

'', and ''

Harvard Business Review ''Harvard Business Review'' (''HBR'') is a general management magazine published by Harvard Business Publishing, a not-for-profit, independent corporation that is an affiliate of Harvard Business School. ''HBR'' is published six times a year ...

''. From 1997 to 2005 he wrote a monthly column in ''

Business Week ''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in Septembe ...

''.

Early life and career

Garten was born to a

Jewish Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...

family. He is the son of Ruth (née Engelman) and Melvin Garten.The Oregonian: "A soldier's story about his wife: Mel Garten credits wife Ruth for his success" by Mike Francis
February 9, 2012 His father fought in

World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

, the

Korean War The Korean War (25 June 1950 – 27 July 1953) was an armed conflict on the Korean Peninsula fought between North Korea (Democratic People's Republic of Korea; DPRK) and South Korea (Republic of Korea; ROK) and their allies. North Korea was s ...

, and Vietnam; and was awarded the Distinguished Service Cross in 1953 for his heroism in Korea's Battle of Pork Chop Hill. His brother, Allan Garten, is a retired federal prosecutor in Portland, Oregon. Due to Melvin Garten's military career, the family moved frequently.

Education

Garten graduated from Phillips Andover in 1964, later earning his A.B. from

Dartmouth College Dartmouth College ( ) is a Private university, private Ivy League research university in Hanover, New Hampshire, United States. Established in 1769 by Eleazar Wheelock, Dartmouth is one of the nine colonial colleges chartered before the America ...

in 1968 and an M.A. (1972) and Ph.D. (1980) from the

Johns Hopkins University The Johns Hopkins University (often abbreviated as Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland, United States. Founded in 1876 based on the European research institution model, J ...

's School of Advanced International Studies. He also served in the

United States Army The United States Army (USA) is the primary Land warfare, land service branch of the United States Department of Defense. It is designated as the Army of the United States in the United States Constitution.Article II, section 2, clause 1 of th ...

from 1968 to 1972, during the

Vietnam War The Vietnam War (1 November 1955 – 30 April 1975) was an armed conflict in Vietnam, Laos, and Cambodia fought between North Vietnam (Democratic Republic of Vietnam) and South Vietnam (Republic of Vietnam) and their allies. North Vietnam w ...

, holding the rank of Lieutenant in the

82nd Airborne Division The 82nd Airborne Division is an Airborne forces, airborne infantry division (military), division of the United States Army specializing in Paratrooper, parachute assault operations into hostile areasSof, Eric"82nd Airborne Division" ''Spec Ops ...

and Captain and aide-de camp to the commanding general of the US Special Forces. In 1971 he was an advisor to the

Royal Thai Army The Royal Thai Army or RTA (; ) is the army of Thailand and the oldest and largest branch of the Royal Thai Armed Forces. History Origin The Royal Thai Army is responsible for protecting the kingdom's sovereignty. The army was formed in 187 ...

Career

Garten worked in the Nixon, Ford and Carter administrations in both the White House and at the

State Department The United States Department of State (DOS), or simply the State Department, is an executive department of the U.S. federal government responsible for the country's foreign policy and relations. Equivalent to the ministry of foreign affairs o ...

. He then went on to Wall Street, becoming a managing director of Lehman Brothers and, later, the

. At Lehman, he specialized in sovereign

debt restructuring Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continu ...

in Latin America. He also lived in Tokyo and directed and expanded the Asian investment banking business for that firm, including overseeing some of the largest international corporate restructurings of the era. At Blackstone he worked in the financial advisory and mergers and acquisitions arena. Garten founded the Eliot Group, an investments firm, in 1990, and was its first chairman. He then taught at

Columbia Business School Columbia Business School (CBS) is the business school of Columbia University, a Private university, private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and one of ...

from 1992 to 1993. From July 1993 to September 1995, Garten was Undersecretary of Commerce for International Trade in the

Clinton administration Bill Clinton's tenure as the 42nd president of the United States began with his first inauguration on January 20, 1993, and ended on January 20, 2001. Clinton, a Democrat from Arkansas, took office following his victory over Republican in ...

where he focused his efforts on trade and investment deals in "Big Emerging Markets" such as China, India, Indonesia, Brazil, Mexico, and Turkey. Afterward, from 1996 to 2005, Garten was dean of the Yale School of Management after which he stayed on to teach full-time. His courses have included "Leading A Global Company", "Wall Street and Washington", "Managing Global Catastrophes", and "The Future of Global Finance", and he has led study trips for students to China, Singapore, the United Arab Emirates, and the United Kingdom. In 2006, Garten and a colleague, David Rothkopf, set up Garten Rothkopf in Washington to provide strategic advice for global companies, international organizations and governments. In 2016 the firm was sold to The Slate Group, a subsidiary of Graham Holdings, Inc. Garten is a trustee of The International Rescue Committee. Previously, he was a director of

Aetna Aetna Inc. ( ) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, ...

, CarMax, Inc.,

Standard & Poor's S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is co ...

and several mutual funds belonging to Credit Suisse Asset Management, ("the Board of Managers"), Calpine Energy Corporation, Alcan Inc., and

The Conference Board The Conference Board, Inc. is a 501(c)(3) organization, 501(c)(3) non-profit business membership and research organization. It counts over 1,000 public and private corporations and other organizations as members, encompassing 60 countries. Th ...

, and he served on the international advisory boards of

Toyota is a Japanese Multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is the List of manuf ...

and the Chicago Climate Exchange.

Personal life

Garten has been married to the former Ina Rosenberg since 1968. Ina Garten hosts

Food Network Food Network is an American basic cable channel owned by Television Food Network, G.P., a unit of Warner Bros. Discovery, who manages and operates it as a division of the Warner Bros. Discovery U.S. Networks Group. The channel airs both televi ...

's '' Barefoot Contessa,'' for which she has won six

Emmy Award The Emmy Awards, or Emmys, are an extensive range of awards for artistic and technical merit for the television industry. A number of annual Emmy Award ceremonies are held throughout the year, each with their own set of rules and award categor ...

s. She has also written thirteen best-selling cookbooks, including ''Cooking for Jeffrey'' in 2016. Garten and his wife live in East Hampton, New York.

Activities at Yale

Garten has been teaching a number of courses at the Yale School of Management: * "The Future of Global Finance" * "Managing Global Catastrophes" * "Wall Street and Washington: Markets, Policies, and Politics" * "Understanding Global Financial Centers" * "Leading a Global Company" He has led the following International Study Trips with Yale students: * Singapore: ''Public-Private Governance'', 2007, 2008 * New York, London, Dubai, Hong Kong: ''What Makes a Competitive Financial Center?'', 2008, 2009 * Shanghai, Beijing, Hong Kong: ''China in the Global Financial Market'', 2010, 2011, 2012

Books

* * * * * * *

References

External links

*
www.jeffreygarten.com
{{DEFAULTSORT:Garten, Jeffrey 20th-century American businesspeople 20th-century American economists 20th-century American male writers 20th-century American non-fiction writers 21st-century American businesspeople 21st-century American economists 21st-century American male writers 21st-century American non-fiction writers American macroeconomists * American business writers American economics writers American expatriates in Japan American foreign policy writers American male journalists American male non-fiction writers Carter administration personnel Clinton administration personnel Ford administration personnel Columbia Business School faculty Dartmouth College alumni Economists from Connecticut Economists from New York (state) Jewish American economists Jewish American journalists Jewish American non-fiction writers Lehman Brothers people Members of the United States Army Special Forces Nixon administration personnel Paul H. Nitze School of Advanced International Studies alumni People from East Hampton (town), New York People from Southport, Connecticut Phillips Academy alumni Place of birth missing (living people) Blackstone Inc. people United States Army officers United States Army personnel of the Vietnam War United States Department of State officials United States Under Secretaries of Commerce Writers from Connecticut Writers from New York (state) Yale School of Management faculty Under Secretaries of Commerce for International Trade 1946 births Living people