Richard Vague


Richard Vague is currently managing partner of Gabriel Investments, an early stage venture capital fund, and chair of The Governor’s Woods Foundation, a non-profit philanthropic organization. Previously, he was co-founder and CEO of Energy Plus, and also co-founder and CEO of two consumer banks, First USA and Juniper Financial.

Richard currently serves on the University of Pennsylvania Board of Trustees and the Penn Medicine Board of Trustees, and on a number of business boards including the Franklin Square Energy and Power Fund. He is chair of FringeArts Philadelphia, chair of the University of Pennsylvania Press, and chair of the Abramson Cancer Center Development Leadership Council. He is also on the boards of the Franklin Institute, the Museum of the American Revolution, the Pennsylvania Academy of the Fine Arts and Visit Philadelphia.

Richard is the author of The Next Economic Disaster, a book on the global economy, as well as a number of published articles on economic theory. He is editor of the blog, which focuses on non-fiction literature.

By this expert

-varn6-Rapid Money Supply Growth Does Not Cause Inflation

-varn7-Article | Dec 2, 2016 -varn13-

-varn14- Neither do rapid growth in government debt, declining interest rates, or rapid increases in a central bank’s balance sheet

-varn6-The Private Debt Crisis

-varn7-Article | Sep 21, 2016 -varn13-

-varn14- China is drowning in it. The whole world has too much of it. History suggests: This won’t end well.

-varn6-The Coming China Crisis

-varn7-Article | Mar 18, 2015 -varn13-

-varn14- Rapid private-debt growth threw Japan into crisis in 1991 and did the same to the United States and Europe in 2008. China may be next.

Featuring this expert

-varn6-Private Debt

-varn7-Event -varn8-Conference | Hosted by Private Debt Initiative | Apr 6–8, 2018 -varn13-

-varn14- With the support and partnership of the Governor’s Woods Foundation, the Institute for New Economic Thinking will convene top scholars for the Private Debt Initiative

-varn6-The Debt We Don't Talk About

-varn7-Video | Mar 28, 2018 -varn13-

-varn14- Mainstream economists have ignored private debt to our peril

-varn6-World Economic Roundtable

Explaining a Decade of Stagnation: Where Do We Go From Here?

-varn7-Event -varn8-Discussion | Dec 14, 2017 -varn13-

-varn14- The World Economic Roundtable seeks to help the business, investment, and policy communities understand ongoing changes in the world economy and to promote a discussion of ideas that can advance the goal of a widely shared global prosperity.


From the Origins of Economic Ideas to the Challenges of Our Time

-varn7-Event -varn8-Conference #INET2017-varn12- | Oct 21–23, 2017 -varn13-

-varn14- INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.