Economist Kenneth Rogoff. He is Thomas D. Cabot Professor of Public Policy at Harvard University, Cambridge, Massachusetts. Formerly, he served as the chief economist and a director of the International Monetary Fund. He is coauthor, with Carmen Reinhart, of This Time Is Different: Eight Centuries of Financial Folly (Princeton University). www.Economics.Harvard.edu/faculty
As stocks, gold and even junk bonds soared in 2009 and the economy began to recover, one pillar of the…