Jeffrey Frankel, a professor at Harvard University's Kennedy School of Government, previously served as a member of President Bill Clinton’s Council of Economic Advisers. He directs the Program in International Finance and Macroeconomics at the US National Bureau of Economic Research, where he is a member of the Business Cycle Dating Committee, the official US arbiter of recession and recovery.
The US political system has gone off the rails, a reality that is often blamed on gerrymandering, rising economic inequality, a campaign finance system that favors the wealthy and powerful, and slante… read more
Donald Trump has shaken up the way a campaign is run, how a nominee communicates with voters, and the Republican Party’s platform, with many of his positions deviating from GOP tradition. But, on tax … read more
Two political events that are attracting global attention these days – the vote in the United Kingdom to leave the EU and Donald Trump’s presidential campaign in the US – have much in common. Perhaps … read more
Hillary Clinton claims that the US economy does much better when a Democrat is in the White House. She's right, and the performance gap – for GDP growth, unemployment, budget deficits, and even equity… read more
At the G7 summit in Ise-Shima, Japan, developed-country leaders would do well to spend less time discussing currency wars, and more time discussing fiscal policy. After all, unlike monetary policy, wh… read more
Despite US President Barack Obama's string of major foreign-policy successes over the last 12 months – from the Iran nuclear agreement to restoring relations with Cuba – America's global leadership ro… read more
When it comes to the rise in economic inequality since the 1970s in the US and some other advanced economies, all measures of income distribution show an increase. And, while many competing explanatio… read more
To get financial regulation right, the US needs leaders with the experience and perseverance to identify the proper measures, push for their enactment, and implement them effectively. If voters are se… read more
With the Shanghai Stock Exchange Composite Index down more than 40% since last June, investors worldwide are watching the decline with growing concern, viewing it as evidence that China’s economy is g… read more
