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William J. Baumol

William J. Baumol

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William Baumol was Professor of Economics and Director of the Berkeley Entrepreneurship Center at New York University.

  1. ocampo58_Spencer PlattGetty Images_wealthtax Spencer Platt/Getty Images

    Finishing the Job of Global Tax Cooperation

    José Antonio Ocampo

    Given the many loopholes and opportunities for tax arbitrage in today's global economy, much closer international cooperation will be needed to ensure that multinational corporations and the world's wealthiest people pay their fair share. Negotiations for this purpose are now underway, but developed countries must get on board.

    offers a blueprint for ongoing negotiations toward a new convention to tax multinationals and the wealthy.
  2. rogoff248_ Jemal CountessGetty Images for the Peter G. Peterson Foundation_debt Jemal Countess/Getty Images for the Peter G. Peterson Foundation

    The End of Magical Debt Thinking

    Kenneth Rogoff welcomes economists’ recent reassessment of the costs and benefits of public borrowing.
  3. patten165_Anastasia VlasovaGetty Images_ukraine war Anastasia Vlasova/Getty Images

    The West Must Not Let Putin Win

    Chris Patten implores the US and Europe to continue supporting Ukraine’s fight for freedom with weapons and aid.
  4. frankel159_ADEK BERRYAFP via Getty Images_indonesia currency ADEK BERRY/AFP via Getty Images

    The Election-Devaluation Cycle

    Jeffrey Frankel revisits the idea that emerging and developing economies are likely to prop up their currencies before a vote.
  5. sherwin12_MANDEL NGANAFP via Getty Images_trumpsupremecourt Mandel Ngan/AFP via Getty Images

    Trump’s Enablers on the Supreme Court

    Richard K. Sherwin

    Former US President Donald Trump's claim of absolute immunity from prosecution for "official acts" while he was in the White House is breathtaking in scope, as it could include ordering assassinations and coups. While the Supreme Court may not uphold Trump's expansive claim, its ruling will almost certainly give Trump what he wants.

    thinks the majority's support for broad immunity for former presidents rests on a dangerous premise.
  6. elerian167_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images

    Navigating Major Transitions in an Uncertain Economy

    Mohamed A. El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure.
  7. brosda1_Matt CardyGetty Images_social media news Matt Cardy/Getty Images

    Must Democratizing the Media Be Bad for Democracy?

    Carsten Brosda proposes a strategy to defend the digital public square against manipulation and algorithmic distortion.
  8. mazzucato66_Soumyabrata RoyNurPhoto via Getty Images_IndiaUPI Soumyabrata Roy/NurPhoto via Getty Images

    Central Banks in a Cashless World

    Mariana Mazzucato & David Eaves explain why policymakers should become more involved in shaping or creating digital-payments infrastructure.
  9. nsofor9_ Zhu Huanan  CFOTOFuture Publishing via Getty Images_hpv vaccine Zhu Huanan / CFOTO/Future Publishing via Getty Images

    Governments Must Step Up to Prevent Cervical Cancer

    Ifeanyi M. Nsofor urges policymakers worldwide to commit to administering the HPV vaccine as widely as possible.

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