Noreena Hertz

Professor Noreena Hertz (born 24 September 1967, London) is an English economist, author and campaigner.

In her 2002 book The Silent Takeover: Global Capitalism and The Death of Democracy, Hertz warned that unregulated markets, corporate greed, and over-powerful financial institutions would have serious global consequences that would impact most heavily on the ordinary citizen. Following the financial meltdown and recession of 2008-09, many commentators have described Hertz as insightful.^{[citation needed]}

Hertz's books have been published worldwide. Since the publication of The Silent Takeover in 2002, she has regularly appeared on television and radio programmes to discuss economics, politics, and globalisation.

Life and career

Noreena Hertz is a great-granddaughter of British Chief Rabbi Joseph H. Hertz, and was born and brought up in London, England. When she was 20 years old, her mother, the fashion designer and feminist activist Leah Hertz, died of cancer.

Hertz attended North London Collegiate School, Westminster School, and University College London, UK, where she earned her Bachelor's degree.^[1] She then attended the Wharton School of the University of Pennsylvania, U.S. where she earned her MBA, before gaining a PhD in Economics from the University of Cambridge (King's). At the invitation of a professor at Wharton,^{[citation needed]} she then went to Russia to work for the World Bank and played a role in setting up the Russian stock exchange and in advising the Russian government on its privatisation programmes. Her disenchanted and highly critical Cambridge doctoral thesis, "Russian Business Relationships in the Wake of Reform", dispelling the myth of Russia's successful transition to a market economy and questioning the bank's requirements, was published in 1996.

In 2000, the left-leaning UK newspaper The Observer described Hertz as 'one of the world's leading young thinkers'; in 2001 Management Today named her amongst the top 35 women under 35,^[2][3] and Vogue magazine named her 'one of the world's most inspiring women'.

In 2002 The Silent Takeover was published. Hertz then turned her attention to the Middle East Peace Process, where she headed a 40-member research team of Palestinians, Israelis, Jordanians and Egyptians. She was selected as a 'Young Global Leader of Tomorrow' by the World Economic Forum in 2004.

In 2005, Hertz was appointed a Fellow of the Judge Business School, University of Cambridge. That year IOU: The Debt Threat was published. A popular treatise on the dangers of irrational lending, it was publicly endorsed by Archbishop Desmond Tutu, Bob Geldof and Bono. During 2005, Hertz also served a 6 month professorship at the University of Utrecht in the Netherlands.

As of 2006, Hertz is a fellow and associate director of the Centre for International Business & Management (CIBAM),^[4] at Cambridge's Judge Business School.

In 2006, Hertz played a leading role in the development of (RED) - an innovative commercial model to raise money for AIDS victims in Africa. The singer Bono was also closely involved in the project and has described Hertz's writings as the inspiration for the (RED) project. That year she was appointed Fellow of the Centre for Global Governance at the London School of Economics.

In 2008, Hertz took up a Visiting Professorship at Rotterdam School of Management, Erasmus University, the business school of Erasmus University Rotterdam in the Netherlands. Harpers Bazaar chose her as "one of the most powerful women in Britain" and described her as "one of the greatest communicators of our generation."

In 2009, Hertz was appointed Professor of Globalisation, Sustainability and Finance at Rotterdam School of Management, Erasmus University^[5] and the Duisenberg School of Finance.^[6]

Personal life

Hertz is engaged to Danny Cohen, the controller of BBC One.

Books

Hertz has published several studies on globalization and Russia. She has written several popular books based on her experience at the World Bank, including:

• 1997: Russian Business Relationships in the Wake of Reform (ISBN 0-333-71083-5)
• 2002: The Silent Takeover : Global Capitalism and the Death of Democracy (ISBN 0-7432-3478-2)
• 2005: The Debt Threat : How Debt Is Destroying the Developing World (ISBN 0-06-056052-5)
• 2005: IOU: The Debt Threat and Why We Must Defuse It (ISBN 0-00-717899-9)

Politics

Hertz is considered to be on the centre-left, rather than the further left position of Naomi Klein, to whom she is sometimes compared.^{[citation needed]}

Campaigns

In April 2007 Hertz launched a campaign in Britain to alleviate the problems of low pay in nursing. She asked several hundred top-flight footballers and managers to contribute a day's pay to a hardship fund for nurses struggling in their first few years, and above all to draw public attention to the issue.^[7]

The Royal College of Nursing is collecting and administering the fund, and as of October 2007 began the distribution process.

External links

• Noreena Hertz's personal website (new)
• Noreena Hertz's TED Talk - "How To Use Experts - And When Not To" (new)
• Hertz interview with Bill Moyers
• Hertz essay on the future of capitalism, March 2009
• [3]

Footnotes

1. ^ Jardine, Cassandra (31 March 2001). "Adventures of a high flier". The Telegraph - Culture. Telegraph Media Group. http://www.telegraph.co.uk/culture/4722576/Adventures-of-a-high-flier.html. Retrieved 31 January 2011. 
2. ^ [1]^{[dead link]}
3. ^ [2]^{[dead link]}
4. ^ UK (2010-08-27). "Centre for International Business & Management (CIBAM) - Faculty & Research - Cambridge Judge Business School". Jbs.cam.ac.uk. http://www.jbs.cam.ac.uk/research/centres/cibam/index.html. Retrieved 2011-02-03. 
5. ^ http://www.rsm.nl
6. ^ "Duisenberg school of finance, the best finance school in europe - Home". Dsf.nl. http://www.dsf.nl. Retrieved 2011-02-03. 
7. ^ Triggle, Nick (2007-04-17). "Health | Footballers highlight nurse woes". BBC News. http://news.bbc.co.uk/1/hi/health/6563277.stm. Retrieved 2011-02-03. 

Persondata
Name	Hertz, Noreena
Alternative names
Short description
Date of birth	24 September 1967
Place of birth
Date of death
Place of death