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Martin Feldstein

Martin Feldstein

129 commentaries

Martin Feldstein was Professor of Economics at Harvard University and President Emeritus of the National Bureau of Economic Research. He chaired President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984. In 2006, he was appointed to President Bush's Foreign Intelligence Advisory Board, and, in 2009, was appointed to President Obama's Economic Recovery Advisory Board. He was also on the board of directors of the Council on Foreign Relations, the Trilateral Commission, and the Group of 30, a non-profit, international body that seeks greater understanding of global economic issues.

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  1. Will the US Capitulate to China?
    us china trade negotiations MANDEL NGAN/AFP/Getty Images
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    Will the US Capitulate to China?

    Feb 25, 2019 Martin Feldstein warns that any bilateral trade deal that fails to address theft of US companies' technology will be useless.

  2. There Is No Sino-American Trade War
    trump xi jinping NICOLAS ASFOURI/AFP/Getty Images

    There Is No Sino-American Trade War

    Jan 29, 2019 Martin Feldstein defends US import tariffs as an effective way to stop China's theft of American companies' technology.

  3. Why Is the Fed Still Raising Interest Rates?
    feldstein127_Spencer PlattGetty Images_stock market Spencer Platt/Getty Images

    Why Is the Fed Still Raising Interest Rates?

    Dec 27, 2018 Martin Feldstein sees three reasons for continuing to tighten monetary policy, despite slowing economic growth.

  4. How to Save Social Security Systems
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    How to Save Social Security Systems

    Nov 28, 2018 Martin Feldstein advocates a mixed system of fixed, tax-based benefits and variable, market-based returns.

  5. Falling Share Prices and the Outlook for the US Economy
    us traders Drew Angerer/Getty Images

    Falling Share Prices and the Outlook for the US Economy

    Oct 29, 2018 Martin Feldstein explains why the decline in household wealth implied by a more normal price-earnings ratio will mean recession.

  1. op_boccaletti3_Michele LapiniGetty Images_italyflood

    The New European Frontier

    Giulio Boccaletti

    Given this summer's climate-driven disasters, one might think that the European political system would be devising comprehensive adaptation plans. But, despite some steps in the right direction, Europeans are only just waking up to the constitutional implications of a changing physical environment.

    thinks a changing climate will force the European Union finally to embrace its political nature.
  2. james200_Sean GladwellGetty Images_worldconnection Sean Gladwell/Getty Images

    The Poverty of Anti-Capitalism

    Harold James considers recent arguments against markets, globalization, and growth, finding them to be deeply flawed.
  3. stiglitz314_ Drew AngererGetty Images_jeromepowell Drew Angerer/Getty Images

    How Not to Fight Inflation

    Joseph E. Stiglitz sees little upside and much downside to further monetary-policy tightening by the US Federal Reserve.
  4. slaughter95_Ritesh ShuklaGetty Images_modi Ritesh Shukla/Getty Images

    Who Is Part of the Free World?

    Anne-Marie Slaughter urges US President Joe Biden to abandon a phrase that is better left in the twentieth century.
  5. wagner16_ Leon NealGetty Images_nuclear fusion FREDERIC J. BROWN/AFP via Getty Images

    Realism About Techno-Optimism

    Gernot Wagner laments that public debate about climate solutions is long on political grandstanding and short on nuance.
  6. BQ china india Oleksii Liskonih via Getty Images

    PS Commentators Respond: Could the “Chinese Century” Belong to India?

    From demographics to trade to GDP growth, China is currently struggling precisely where India seems to be thriving. At a time when the global economy’s center of gravity is shifting to Asia, we asked PS commentators whether India’s rising star will soon outshine China’s.

  7. hausmann108_Kent Nishimura  Los Angeles Times via Getty Images_chipsandscienceact Kent Nishimura/Los Angeles Times via Getty Images

    Why Industrial Policy Is Back

    Ricardo Hausmann explains why economic theory has finally begun to catch up with centuries of economic practice.
  8. sherwin7_Spencer PlattGetty Images_jimjordanstopthesteal Spencer Platt/Getty Images

    Patriots in Name Only

    Richard K. Sherwin considers the implications of the Republican Party's challenge to the state's power to make and enforce law.
  9. khrushcheva163_Alexey FurmanGetty Images_zelensky Peter Turnley/Corbis/VCG via Getty Images

    Assassinated Are the Peacemakers?

    Nina L. Khrushcheva highlights the grave risks that Ukrainian President Volodymyr Zelensky would incur by negotiating with Russia.

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