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George P. Shultz

George P. Shultz

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George P. Shultz was US Secretary of State (1982-89), Secretary of the Treasury (1972-74), Secretary of Labor (1969-70), and a fellow at the Hoover Institution. 

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  1. America’s Excessive Government Spending Must Stop
    shultz2_Liu JieXinhua via Getty Images_federal reserve Liu Jie/Xinhua via Getty Images

    America’s Excessive Government Spending Must Stop

    Feb 23, 2021 George P. Shultz, et al. argue that US policymakers' fiscal recklessness is creating grave economic and national-security risks.

  2. Lessons from Crises Past
    shultz1_Tayfun CoskunAnadolu Agency via Getty Images_nystockexchangeusflagmarket Tayfun Coskun/Anadolu Agency via Getty Images

    Lessons from Crises Past

    Apr 8, 2020 George P. Shultz, et al. urge policymakers confronting the COVID-19 pandemic to keep markets functioning and private incentives strong.

  1. wagner12_ ArterraUniversal Images Group via Getty Images_melting polar ice Arterra/Universal Images Group via Getty Images
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    The High Stakes of Climate-Risk Accounting

    Gernot Wagner & Tom Brookes show why economists can no longer ignore the need for a far more comprehensive set of welfare indicators.
  2. elerian151_ Scott OlsonGetty Images_inflation Scott Olson/Getty Images
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    The Cost of the Fed’s Challenged Credibility

    Mohamed A. El-Erian interprets the latest market tumult as the price of delaying monetary-policy tightening for too long.
  3. roach143_Drew AngererGetty Images_jerome powell Drew Angerer/Getty Images
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    Core Dangers for the Fed and China

    Stephen S. Roach

    Just as a fixation on core inflation can mislead central banks, as it has done with the US Federal Reserve, the power of a “core leader” like China’s Xi Jinping is a recipe for misdirected and ultimately unsustainable policy regimes. The very notion of a core adds a false sense of precision when addressing complex problems.

     thinks the US central bank and Chinese governance share a conceptual weakness leading to major policy blunders.
  4. haldar13_Jens Büttnerpicture alliance via Getty Images Jens Büttner/picture alliance via Getty Images
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    Amazon’s Satanic Mills

    Antara Haldar sees recent unionization efforts as a welcome response to an unethical and inhumane business model.
  5. asadullah12_SAEED KHANAFP via Getty Images_malaysia migration SAEED KHAN/AFP via Getty Images
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    Asia’s Captive Market for Migrant Labor

    M. Niaz Asadullah highlights how an entrenched alliance of politicians, bureaucrats, and business elites is exploiting workers.
  6. sheng129_ROSLAN RAHMANAFP via Getty Images_asean cooperation ROSLAN RAHMAN/AFP via Getty Images
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    In Search of a Development Plan for Asia

    Andrew Sheng & Xiao Geng argue that bottom-up institutions – not top-down strategies – are the key to regional integration.
  7. emmott_Antonio MasielloGetty Images_meloni Antonio Masiello/Getty Images
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    Giorgia Meloni’s Moment

    Bill Emmott sees little difference between the Brothers of Italy’s program and that of recent right-wing governments.
  8. strain5_(Kent Nishimura Los Angeles Times via Getty Images_school Kent Nishimura / Los Angeles Times via Getty Images
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    America’s Education Emergency

    Michael R. Strain calls for urgent action to make up for pandemic learning loss in light of dismal new test scores.
  9. velasco129_DANIEL LEALAFP via Getty Images_kwasi kwarteng DANIEL LEAL/AFP via Getty Images
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    God Save the Pound?

    Andrés Velasco explains why sterling is plummeting when economic theory says it should be soaring.

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