Jeffrey E. Garten (born October 29, 1946) is an American economist, author, businessman, and former government official who is Dean

Emeritus ''Emeritus'' (; female: ''emerita'') is an adjective used to designate a retired chair, professor, pastor, bishop, pope, director, president, prime minister, rabbi, emperor, or other person who has been "permitted to retain as an honorary title ...

at the

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

, where he teaches a variety of courses on the global economy. 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. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate bu ...

and

Lehman Brothers Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, ...

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

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

'', ''

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 ...

'', ''

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...

'', ''

Newsweek ''Newsweek'' is an American weekly online news magazine co-owned 50 percent each by Dev Pragad, its president and CEO, and Johnathan Davis (businessman), Johnathan Davis, who has no operational role at ''Newsweek''. Founded as a weekly print m ...

'', ''

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

'', and ''

Harvard Business Review ''Harvard Business Review'' (''HBR'') is a general management magazine published by Harvard Business Publishing, a wholly owned subsidiary of Harvard University. ''HBR'' is published six times a year and is headquartered in Brighton, M ...

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

Business Week ''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 ...

''.

Early life and career

Garten was born to a

Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...

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, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...

, the

Korean War {{Infobox military conflict , conflict = Korean War , partof = the Cold War and the Korean conflict , image = Korean War Montage 2.png , image_size = 300px , caption = Clockwise from top:{ ...

, and Vietnam; and was awarded the

Distinguished Service Cross The Distinguished Service Cross (D.S.C.) is a military decoration for courage. Different versions exist for different countries. *Distinguished Service Cross (Australia) *Distinguished Service Cross (United Kingdom) *Distinguished Service Cross (U ...

in 1953 for his heroism in Korea's

Battle of Pork Chop Hill The Battle of Pork Chop Hill, known as Battle of Seokhyeon-dong Northern Hill ( zh, 石峴洞北山戰鬥) in China, comprises a pair of related Korean War infantry battles during April and July 1953. These were fought while the United Nations ...

. 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 earned his A.B. from

Dartmouth College Dartmouth College (; ) is a private research university in Hanover, New Hampshire. Established in 1769 by Eleazar Wheelock, it is one of the nine colonial colleges chartered before the American Revolution. Although founded to educate Native ...

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

Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consi ...

School of Advanced International Studies The Paul H. Nitze School of Advanced International Studies (SAIS) is a graduate school of Johns Hopkins University based in Washington, D.C., United States, with campuses in Bologna, Italy, and Nanjing, China. It is consistently ranked one of th ...

. He also served in the

United States Army The United States Army (USA) is the land service branch of the United States Armed Forces. It is one of the eight U.S. uniformed services, and is designated as the Army of the United States in the U.S. Constitution.Article II, section 2, ...

from 1968 to 1972, during the

Vietnam War The Vietnam War (also known by #Names, other names) was a conflict in Vietnam, Laos, and Cambodia from 1 November 1955 to the fall of Saigon on 30 April 1975. It was the second of the Indochina Wars and was officially fought between North Vie ...

, holding the rank of Lieutenant in the

82nd Airborne Division The 82nd Airborne Division is an airborne infantry division of the United States Army specializing in parachute assault operations into denied areasSof, Eric"82nd Airborne Division" ''Spec Ops Magazine'', 25 November 2012. Archived from tho ...

and Captain and aide-de camp to the commanding general of the

US Special Forces The United States Army Special Forces (SF), colloquially known as the "Green Berets" due to their distinctive service headgear, are a special operations force of the United States Army. The Green Berets are geared towards nine doctrinal mi ...

. In 1971 he was an advisor to the

Royal Thai Army The Royal Thai Army or RTA ( th, กองทัพบกไทย; ) 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 ...

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 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 of other na ...

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

. At Lehman, he specialized in sovereign debt restructuring 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 research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest bus ...

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 a decisive election victory over ...

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 sits on the board of directors for

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 " ...

Asset Management (which includes a number of mutual funds), and he 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 con ...

("the Board of Managers"), Calpine Energy Corporation, Alcan Inc., and

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

, and he served on the international advisory boards of

Toyota is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...

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 joint venture and general partnership between Warner Bros. Discovery Networks (which holds a 69% ownership stake of the network) and Nexstar Media Group ( ...

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

Emmy Award The Emmy Awards, or Emmys, are an extensive range of awards for artistic and technical merit for the American and international television industry. A number of annual Emmy Award ceremonies are held throughout the calendar year, each with the ...

s. She has also written ten best-selling cookbooks, including ''Cooking for Jeffrey'' in 2016. Garten and his wife live in

Southport, Connecticut Southport is a census-designated place (CDP) in the town of Fairfield, Connecticut. It is located along Long Island Sound between Mill River and Sasco Brook, where it borders Westport. As of the 2020 census, it had a population of 1,710. Settle ...

, and

East Hampton, New York The Town of East Hampton is located in southeastern Suffolk County, New York, at the eastern end of the South Shore of Long Island. It is the easternmost town in the state of New York. At the time of the 2020 United States census, it had a tot ...

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

Bibliography

* * * * * * *

References

External links

*
www.jeffreygarten.com
{{DEFAULTSORT:Garten, Jeffrey 1946 births Living people 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 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 Columbia Business School faculty Dartmouth College alumni Economists from Connecticut Economists from New York (state) Ford administration personnel Jewish American 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) The Blackstone Group 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