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David Paul Goldman (born September 27, 1951) is an American economist, music critic, and author, best known for his series of online essays in the ''
Asia Times ''Asia Times'' (), formerly known as ''Asia Times Online'', is a Hong Kong-based English language news media publishing group, covering politics, economics, business, and culture from an Asian perspective. ''Asia Times'' publishes in English and ...
'' under the pseudonym Spengler with the first column published January 1, 2000. The pseudonym is an allusion to German historian
Oswald Spengler Oswald Arnold Gottfried Spengler (; 29 May 1880 – 8 May 1936) was a German historian and philosopher of history whose interests included mathematics, science, and art, as well as their relation to his organic theory of history. He is best known ...
, whose most famous work, ''
Decline of the West ''The Decline of the West'' (german: Der Untergang des Abendlandes; more literally, ''The Downfall of the Occident''), is a two-volume work by Oswald Spengler. The first volume, subtitled ''Form and Actuality'', was published in the summer of 191 ...
'' (1918), asserted that Western civilization was already dying. Goldman says that he writes from a
Judeo-Christian The term Judeo-Christian is used to group Christianity and Judaism together, either in reference to Christianity's derivation from Judaism, Christianity's borrowing of Jewish Scripture to constitute the "Old Testament" of the Christian Bible, or ...
perspective and often focuses on demographic and economic factors in his analyses; he says his subject matter proceeds "from the theme formulated by ranzRosenzweig: the mortality of nations and its causes, Western secularism, Asian
anomie In sociology, anomie () is a social condition defined by an uprooting or breakdown of any moral values, standards or guidance for individuals to follow. Anomie is believed to possibly evolve from conflict of belief systems and causes breakdown ...
, and unadaptable
Islam Islam (; ar, ۘالِإسلَام, , ) is an Abrahamic religions, Abrahamic Monotheism#Islam, monotheistic religion centred primarily around the Quran, a religious text considered by Muslims to be the direct word of God in Islam, God (or ...
." On March 14, 2015, Goldman and longtime ''Asia Times'' associate Uwe Von Parpart joined an investor group that took control of Asia Times HK Ltd. He became Deputy Editor (Business) at Asia Times in 2020. Goldman was global head of credit strategy at Credit Suisse 1999-2002, Global Head of Fixed Income Research for Bank of America 2002-2005, and Global Head of Fixed Income Research at Cantor Fitzgerald 2005-2008. He subsequently was a partner at Yunfeng Financial in Hong Kong, an investment bank later acquired by Jack Ma. He continues to advise CEOs and institutional investors. He is a regular contributor to Claremont Review of Books, Law and Liberty, Tablet Magazine, the Wall Street Journal, and First Things (where he was senior editor during 2009-2011).


Early life and education

Goldman was born in the United States, in a non-religious Jewish family. He earned his bachelor's degree at
Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
in 1973, and a master's degree in music theory at the
City University of New York The City University of New York ( CUNY; , ) is the Public university, public university system of Education in New York City, New York City. It is the largest urban university system in the United States, comprising 25 campuses: eleven Upper divis ...
. He studied economics at the
London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 millio ...
in 1976.


Career

From 1976 to 1982, Goldman was responsible for economic publications in the
Lyndon LaRouche Lyndon Hermyle LaRouche Jr. (September 8, 1922 – February 12, 2019) was an American political activist who founded the LaRouche movement and its main organization the National Caucus of Labor Committees (NCLC). He was a prominent conspiracy ...
movement. Goldman has described himself during that period as a radical and an atheist. After leaving the LaRouche movement, he became a conservative, and worked for the
Reagan Ronald Wilson Reagan ( ; February 6, 1911June 5, 2004) was an American politician, actor, and union leader who served as the 40th president of the United States from 1981 to 1989. He also served as the 33rd governor of California from 1967 ...
administration and later on
Wall Street Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for t ...
. He also advised the Office of Net Assessment of the US Department of Defense during the tenure of Andrew Marshall. Since 1984, Goldman has been employed as an economist and CEO of investment funds and investment policies in senior positions in bodies such as
Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...
, Bank of America, Cantor Fitzgerald, Asteri Capital, and SG Capital. After leaving Wall Street, he became an editor for ''
First Things ''First Things'' (''FT'') is an ecumenical and conservative religious journal aimed at "advanc nga religiously informed public philosophy for the ordering of society". The magazine, which focuses on theology, liturgy, church history, religio ...
'' magazine. In September 2013, Goldman became a Managing Director and head of the Americas division of the Reorient Group investment bank based in
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
. He left Reorient in early 2016. As an economist, Goldman published hundreds of articles and studies on various economic subjects, in professional journals as well as journals and dailies such as ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'', ''
Commentary Commentary or commentaries may refer to: Publications * ''Commentary'' (magazine), a U.S. public affairs journal, founded in 1945 and formerly published by the American Jewish Committee * Caesar's Commentaries (disambiguation), a number of works ...
'', and ''
Bloomberg Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
''. He was a columnist for ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' from 1994 to 2001. Alongside his work as an economist and analyst, he has published articles in musicology journals and other publications and written several books. Between 2002 and 2011, Goldman served as a member of the board of directors of
Mannes School of Music Mannes School of Music is a music conservatory in The New School, a private research university in New York City. In the fall of 2015, Mannes moved from its previous location on Manhattan's Upper West Side to join the rest of the New School cam ...
, where he was formerly a teacher. He is a Washington Fellow of the Claremont Institute, Senior Fellow at the
London Center for Policy Research Herbert Ira London (March 6, 1939 – November 10, 2018) was an American conservative activist, commentator, author, and academic. London was the president of the Hudson Institute from 1997 to 2011. He was a frequent columnist for ''The Washingt ...
, and a member of the Board of Advisors of Sino-Israel Government Network and Academic Leadership (SIGNAL).


Media

According to the ''
Claremont Review of Books The ''Claremont Review of Books'' (''CRB'') is a quarterly review of politics and statesmanship published by the conservative Claremont Institute. A typical issue consists of several book reviews and a selection of essays on topics of conservatis ...
''
the "Spengler" columns
in the ''Asia Times'' have attracted readership in the millions. Goldman concealed his identity under the "Spengler" pseudonym until 2009, when he revealed his identity in the Asia Times article

and the First Things articl
"Confessions of a Coward"
Goldman regularly appears as a guest on
CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...
's '' Larry Kudlow Program'', where he has been an outspoken critic of
Federal Reserve The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...
efforts to resuscitate the American economy. In "Dumb and Dumber", a widely commented upon piece for ''
Tablet Tablet may refer to: Medicine * Tablet (pharmacy), a mixture of pharmacological substances pressed into a small cake or bar, colloquially called a "pill" Computing * Tablet computer, a mobile computer that is primarily operated by touching the s ...
'' magazine in May 2013, Goldman argued how both Republican and Democratic foreign policy elite in the United States have wrongly put their faith in the so-called
Arab Spring The Arab Spring ( ar, الربيع العربي) was a series of Nonviolent resistance, anti-government protests, Rebellion, uprisings and Insurgency, armed rebellions that spread across much of the Arab world in the early 2010s. It began in T ...
. In Goldman's view, economic and demographic realities could condemn many Arab states to state failure. In "Deplorably, Trump is going to win", published in ''Asia Times'' about two months before the
2016 U.S. Presidential Election The 2016 United States presidential election was the 58th quadrennial United States presidential election, presidential election, held on Tuesday, November 8, 2016. The Republican Party (United States), Republican ticket of businessman Donald ...
, Goldman correctly predicted Donald Trump would win the presidency. In "Why Russia won't invade Ukrainistan," published three days before the
Russian invasion of Ukraine On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An ...
in ''Asia Times'', Goldman incorrectly predicted that Russia wouldn't invade Ukraine.


Works


Books

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Journal articles

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Notes


External links

* http://lyndonlarouche.org/goldman.htm (Article challenging Goldman's version of his history with the LaRouche movement ) * {{DEFAULTSORT:Goldman, David P. Pseudonymous writers American political writers American male non-fiction writers American columnists Jewish American writers Living people 1951 births 21st-century American Jews