Nomi Prins
Nomi Prins | |
|---|---|
| Born | Upstate New York, United States |
| Education | Bachelor's degree in mathematics with minor in music (State University of New York at Purchase); Master of Science in statistics (New York University); PhD in International Strategic Studies (Federal University of Rio Grande do Sul) |
| Occupation(s) | Economist, author, journalist, speaker |
| Known for | Work on Wall Street and the US economy; advocacy for Glass–Steagall Act reinstatement and financial regulation reform |
Nomi Prins is an American economist, author, journalist, and speaker who focuses on Wall Street and the United States economy.
Prior to her career in journalism, Prins held prominent positions within the financial sector. She worked as managing director at Goldman Sachs, served as senior managing director at Bear Stearns in London, acted as a senior strategist at Lehman Brothers, and began her career as an analyst at Chase Manhattan Bank. Between 2002 and 2016, she was a Distinguished Senior Fellow at the Demos think tank. Prins is a proponent of reinstating the Glass–Steagall Act and advocates for reforms in financial regulation. Additionally, she contributed to Senator Bernie Sanders' advisory panel on Federal Reserve reform.
Early life
Nomi Prins was born in Upstate New York as the eldest child in her family. Her father, Jack Prins, was employed by IBM and had previously been a mathematics instructor at a local college.
Education
Prins obtained a bachelor's degree in mathematics with a minor in music from the State University of New York at Purchase. She earned a Master of Science degree in statistics from New York University. Later, she completed her PhD in International Strategic Studies with a focus on International Political Economy at the Federal University of Rio Grande do Sul in Brazil.
Finance
Prins launched her finance career as an analyst at Chase Manhattan Bank before advancing to senior strategist at Lehman Brothers. In 1993, she moved to London to join Bear Stearns as senior managing director, heading the international analytics division. Subsequently, she held the position of managing director at Goldman Sachs prior to leaving Wall Street. From 2002 until 2016, Prins was a Distinguished Senior Fellow at the US-based think tank Demos.
She has delivered presentations on enhancing banks’ roles in supporting the real economy at institutions such as the Federal Reserve, International Monetary Fund, and World Bank. Prins has also provided testimony before the U.S. Senate concerning the increasing influence of private equity firms and Wall Street practices affecting workers and consumers.
Author
Prins is the author of All the Presidents' Bankers: The Hidden Alliances that Drive American Power, which explores over one hundred years of interactions between nineteen U.S. presidents and key banking figures, analyzing their effects on both domestic and foreign policies. She also wrote It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street, a book revealing insider perspectives.
Her writings have been featured in major outlets including The New York Times, Fortune, Mother Jones, and The Guardian. Prins contributes monthly to Tom Dispatch, where she examines connections between Wall Street and Washington. Her most recent publication, Permanent Distortion (October 2022), investigates how central bank monetary policies influence global markets and economic strategies while emphasizing the widening gap between Wall Street and the real economy. Furthermore, Bold Type Books published her work titled Collusion.
Works
- Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever – Public Affairs (10/11/22): .
- Collusion: How Central Bankers Rigged the World – Nation Books (5/1/18): . Analyzes central bankers’ control over global markets and economic policymaking.
- All the Presidents' Bankers: The Hidden Alliances that Drive American Power – Nation Books (4/8/14): .
- It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street – John Wiley & Sons (9/22/09); ; .
- Other People's Money: The Corporate Mugging of America – New Press (8/1/06); ; . Explores corporate corruption, political collusion, and Wall Street deception. Named among Best Books of 2004 by The Economist, Barron's, and The Library Journal.
- Jacked: How "Conservatives" are Picking your Pocket (whether you voted for them or not) – Polipoint Press (9/1/06); ; . Documents economic debates across America.
- Black Tuesday – CreateSpace (2011) – . A historical novel centered on the 1929 stock market crash.
Additional reading
External resources
- Official site
- C-SPAN
- Articles with short description
- Articles with hCards
- No local image but image on Wikidata
- Year of birth missing (living people)
- Living people
- American financial analysts
- American financial authors
- American financial commentators
- American alternative journalists
- American whistleblowers
- Journalists from New York City
- New York University Stern School of Business alumni
- State University of New York at Purchase alumni
- Women financial analysts
- 21st-century American journalists
- 21st-century American non-fiction writers
- 21st-century American women writers
- American women non-fiction writers
- Writers from Poughkeepsie, New York
- Goldman Sachs people
- Bear Stearns people