Daniel Alpert

Senior Fellow in Financial Macroeconomics, Cornell University Law School
Managing Partner, Westwood Capital
Chapter Member: New York City SSN
Areas of Expertise:

About Daniel

Alpert is an American investment banker, think tank fellow, and author. He is best known for his writing on the credit bubble and the ensuing financial crisis of the 2000s, as well as his many articles and papers on the U.S. housing market, banking, regulatory matters and global macroeconomics. Alpert is founding Managing Partner of the New York-based investment bank Westwood Capital, LLC and its affiliates and a fellow of the New York-based Century Foundation, one of the nation’s oldest think tanks. Throughout his career, Alpert has been the senior banker responsible for client relationships and execution of debt and equity offerings that were the first of their kind at the time. Over the past 15 years, he has also provided and/or arranged for financing for, and advised both debtors and creditors of, a number of distressed companies – both inside and outside of bankruptcy. He has also provided expert testimony in the U.S. Bankruptcy Court in cases involving debtors involved in structured finance transactions.


No Jargon Podcast

In the News

Quoted by Dominic Rushe in "US Economy Adds 313,000 Jobs in Strong Monthly Display but Wage Growth Slows," The Guardian, March 9, 2018.
Quoted by Safiya Bashir in "US Job Growth Surges in February, Wage Growth Slows," The Investment Observer, March 9, 2018.
Opinion: "Steel Tariffs are a Great Start — but US Trade Policy Needs a Bigger Fix," Daniel Alpert, Business Insider, March 5, 2018.
Opinion: "Guns and Reconciliation in the Trump Era," Daniel Alpert (with Robert Hockett), The Hill, February 24, 2018.
Quoted by Christopher Rugaber in "Why Investors' Fear of High Inflation is Probably Overblown," The Pantagraph, February 8, 2018.
Quoted by David J. Lynch in "Main Street Has Been Watching Prices Rise for a While. Now Wall Street Has Taken Notice.," The Washington Post, February 6, 2018.
Quoted by Prashanth Perumal in "Only 'Aggressive' Infrastructure Spending Can Bring Back the Job Market," Business Insider, March 13, 2017.
Quoted by Chris Matthews in "The U.S. Economy is Finally at Full Employment," Fortune, February 5, 2016.
Guest on Bloomberg Business, July 6, 2015.
Quoted by Josh Zumbrun and Carolyn Cui in "Glut of Capital and Labor Challenge Policy Makers," Wall Street Journal, April 24, 2015.
Guest on Boom Bust, April 7, 2015.
Opinion: "The Housing Crisis Never Ended," Daniel Alpert, Business Insider, March 5, 2015.
Guest on Bloomberg, March 4, 2015.
Quoted by Jeff Voudrie in "Global Market Trends: Why Deflation is Still a Concern," See It Market, February 20, 2015.
Opinion: "No Economy is an Island: A More Rigorous Look under the Hood of the U.S. Economy," Daniel Alpert, EconoMonitor, February 16, 2015.
Guest on Boom Bust, January 21, 2015.
Quoted by Lauren Lyster in "Missing Economic Ingredient: Higher Paychecks," CBS News Money Watch, November 7, 2014.
Guest on The Daily Ticker, January 28, 2014.
Opinion: "The Rut We Can’t Get out Of," Daniel Alpert, New York Times, September 30, 2013.
Quoted by in "Executives from Biggest Subprime Lenders are Peddling Risky Mortgages Again," Huffington Post, September 11, 2013.
Opinion: "America Isn’t Creating the Jobs Workers Need to Keep Up with the Cost of Living," Daniel Alpert, Business Insider, September 9, 2013.
Opinion: "The Swiss Miss on Executive Pay," Daniel Alpert, Wall Street Journal, March 17, 2013.
Quoted by in "Student Debt, the New Home Equity Loan," Bloomberg Businessweek, March 27, 2012.


"2013 U.S. Jobs Report Card: After All is Said and Done, More was Said than Done," Westwood Capital, LLC, December 31, 2013.

Summarizes the state of U.S. employment and explains trends in job growth, unemployment, and the labor force participation rate for 2013.

"The New Sick-onomy? Examining the Entrails of the U.S. Employment Situation," Westwood Capital, LLC, June 30, 2013.

Takes a closer look at recent declining unemployment rates and finds that many factors are actually at play in what is truly a less-than-robust economic recovery; many newly-created jobs are in low-wage sectors or are part-time positions, and reductions in the labor force itself masquerade as reductions in the ranks of the unemployed.

"The Age of Oversupply: Confronting the Greatest Challenge to the Global Economy" (Penguin Portfolio, 2013).

Explores the effect of macroeconomic imbalances on advanced economies.

"The Way Forward," (with Nouriel Roubini and Robert Hockett), New America Foundation, September 30, 2011.

Provides a clear and concise explanation of the issues that gave rise to the global financial crisis.