J. Paul Horne

About J. Paul Horne

J. Paul Horne has been an active independent international market economist since retiring in 2001 as a managing director and European equity market economist at Salomon Smith Barney/Citigroup in London.

Based in Paris from 1975 to 1998, he was chief international economist of Smith Barney, member of the firm’s Investment Policy Committee and board member of the firm’s European subsidiary and international fixed income asset management group. Between 1970 and 1975, he represented the Rockefellers’ IBEC financial services group in Rome and Brussels. After graduating from St. Paul’s School and Yale University (B.A.), he was an economic-financial correspondent for Newsweek and The Times (London) based in Rome.

Paul is a board member of the Global Interdependence Center in Philadelphia, the USA Foundation of the American Library in Paris, on the Editorial Board and forecasting panel of the National Association for Business Economics (NABE in Washington, DC), the Committee for the Republic in Washington, D.C. and is on the Editorial Board of The European Institute’s European Affairs. He is a member of France’s Société d’Economie Politique and AFEDE association of business economists, The Conference Board’s Council of Alumni Economists and the National Economists Club. He is a member of The University Club (New York), the Metropolitan Club (Washington) and the Cercle de l’Union Interalliée (Paris).

Mr. & Mrs. Horne live in Virginia and Paris. He can be reached at horne.jp@verizon.net.

Latest Articles

Observations on Growing Financial Stresses Around the US Dollar, and Productivity

Observations on Growing Financial Stresses Around the US Dollar, and Productivity GIC Board Member, J. Paul Horne The Financial Times points to growing financial stresses around the USD which could involve key central banks. Today’s…

J. Paul Horne comments on receiving the GIC Global Citizen 2024 award

GIC College of Central Bankers Symposium – New York Athletic Club – Dec. 3, 2024 I am most honored, and more than a little surprised to receive the GIC’s esteemed Global Citizen award, especially when…

Macron Winning His Gamble?

French President Emmanuel Macron named Michel Barnier on Sept. 6 to be his new prime minister even though he does not yet have a majority of National Assembly deputies. I continue, nevertheless, to believe Macron…

France At A Turning Point

French president Macron threw down the electoral gauntlet to what looks like a large majority of voters who seem to prefer the extreme right or left to his centrist coalition. He hopes the French will,…

How to Pay for Climate Change?

The following essay on “How to pay for climate change” was written by J. Paul Horne, a member of the GIC’s board of directors, at the invitation of David R. Kotok, founder of Cumberland Advisors and GIC board member. It triggered various responses including the subsequent point and counterpoint with Bob Bunting, a member of the GIC and CEO of The Climate Adaptation Center in Sarasota, FL which has made presentations to the GIC. The link to the IEA’s new global energy analysis of climate change is included at the end of this report.

The GIC invites further comments about climate change.

Why the dollar is the world’s reserve currency

In response to Nouriel Roubini’s recent op-ed on why the USD was threatened by the likes of China, Russia and Saudi Arabia, GIC Board Member, Paul Horne published a letter in the financial times.

America has to end its toxic tax debate

Paul Horne, GIC Board Member and Active Independent International Market Economist, penned a letter in Financial Times in response to a recent Market Insights column, “A painful era of ‘spend but don’t tax’ faces investors.”

French Politics in 2022

GIC Board Member, J. Paul Horne, an Independent International Market Economist, wrote about France’s 2022 elections and the current political-economic-fiscal situation.

Will US Treasury yields hurt private equity boom?

GIC Board Member, J Paul Horne discusses Federal Reserve Strategy and Private Equity, originally in a letter to the Financial Times on August 31, 2020.

College of Central Bankers series: Court’s implicit rejection of basic EU tenet would give cause for concern

GIC Board Member, J Paul Horne’s report on the EU and the European Central Bank was published by The Financial Times and is used with permission.

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