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Curated by Project Syndicate

Honoring Ronald McKinnon

10 commentaries

Ronald McKinnon, a former professor at Stanford University and a renowned specialist on monetary policy and international trade and finance, passed away earlier this month. In his honor, Project Syndicate has compiled a list of commentaries that explore the impact of his work.

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  1. American-Made Financial Repression
    dollars in peoples hands Laura/Flickr

    American-Made Financial Repression

    Oct 24, 2014 Andrew Sheng & Xiao Geng argue that the dollar's global dominance has gone from benefit to burden for China.

  2. The 4% Non-Solution
    DollarFinanceEconomyUS_Images_of_money_flickr Flickr

    The 4% Non-Solution

    Jun 5, 2014 Kenneth Rogoff examines two ways to beat the zero bound on nominal interest rates.

  3. China’s Currency Conundrum

    China’s Currency Conundrum

    Apr 11, 2014 Ronald McKinnon warns that foreign pressure for renminbi appreciation risks triggering inflows of "hot" money.

  4. The Federal Reserve in a Time for Doves
    pa1297c.jpg Paul Lachine

    The Federal Reserve in a Time for Doves

    Aug 2, 2013 Kenneth Rogoff on the need for some unorthodoxy from the new head of the US Fed.

  5. Transatlantic Trade Goes Global
    dr4584c.jpg Dean Rohrer

    Transatlantic Trade Goes Global

    Jul 16, 2013 Michael J. Boskin

  6. The Unloved Dollar Standard

    The Unloved Dollar Standard

    Jan 23, 2013 Ronald McKinnon

  1. goldberg28_DENIS BALIBOUSEPOOLAFP via Getty Images_wto Denis Balibouse/Pool/AFP via Getty Images

    Why Have Developing Countries Soured on Multilateralism?

    Pinelopi Koujianou Goldberg traces the roots of dissatisfaction to advanced economies' use of bodies like the World Trade Organization.
  2. stiglitz331_serggnGetty Images_techregulation serggn/Getty Images

    A Big Defeat for Big Tech

    Joseph E. Stiglitz

    Tech companies know that if there is an open, democratic debate about data security, consumers’ concerns about digital safeguards will win out. And while the industry's lobbyists tried to ensure that no such debate could ever occur, one of their more cynical moves has now been exposed and thwarted.

    details how the industry tried to slip extraordinary protections against regulation into US trade agreements.
  3. zizek27_Giles ClarkeGetty Images_jimmycherizier Giles Clarke/Getty Images

    Haiti’s Proud Boys

    Slavoj Žižek

    If we measure a failed state by the cracks in the edifice of its power, reflected in brewing ideological civil wars, deadlocked assemblies, and increasingly insecure public spaces, we must recognize that the United States is not so unlike Haiti. Both have given rise to violent gangs with political ambitions.

    warns that rich Western democracies are not immune to politically motivated gang violence.
  4. hedegaard11_y Dursun AydemirAnadolu via Getty Images_parliament elections Dursun Aydemir/Anadolu via Getty Images

    Unity Is Europe’s Greatest Asset

    Connie Hedegaard emphasizes the importance of stability amid persistent economic and geopolitical crises.
  5. qian34_PEDRO PARDOAFP via Getty Images_immigration PEDRO PARDO/AFP via Getty Images

    The Truth About US Immigration

    Nancy Qian warns that overheated campaign-season rhetoric is dangerously polarizing and ultimately self-defeating.
  6. mueller51_ David McNewGetty Images_gop trump David McNew/Getty Images

    The Zombification of Political Parties

    Jan-Werner Mueller argues that Donald Trump’s capture of the GOP’s organizational machinery recalls authoritarian tactics elsewhere.
  7. basu100_David Dee DelgadoGetty Images_newyork David Dee Delgado/Getty Images

    The Economic Consequences of Legal Behavior

    Kaushik Basu highlights the potential benefits of emphasizing adherence to the spirit of laws, if not their letter.
  8. brown106_KOLA SULAIMONAFP via Getty Images_nigeriaschool Kola Sulaimon/AFP via Getty Images

    For Nigeria’s Schools, Safety Must Come First

    Gordon Brown writes that the latest mass abduction of students underscores the dilemma facing parents throughout the country.
  9. owoo1_disabled iStock / Getty Images Plus

    Give Women with Disabilities a Chance

    Nkechi S. Owoo explains what is needed to protect and empower one of the world’s most vulnerable demographic groups.

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