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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. hausmann121_Artur WidakNurPhoto via Getty Images_applestoreasia Artur Widak/NurPhoto via Getty Images

    Trump’s $16 Trillion Trade Blind Spot

    Ricardo Hausmann identifies the fundamental flaw in the administration’s efforts to dismantle the postwar international order.
  2. roach176_Morris MacMatzenGettyImages_hamburg_port Morris MacMatzen/Getty Images

    A World Turned Inside Out

    Stephen S. Roach

    The geostrategic shock that has accompanied Donald Trump’s return to the White House is the functional equivalent of a full-blown crisis. It is likely to have a lasting impact on the US and Chinese economies, and the contagion is almost certain to spread throughout the world through cross-border trade and capital flows.

    likens Donald Trump’s reversal of America’s global leadership role to a full-blown crisis, similar to COVID-19.
  3. GettyImages-465335816

    Jorge Heine on the BRICS, active non-alignment, the US dollar, and more

    Jorge Heine urges the Organization of American States to demonstrate leadership in Haiti, shows how small countries can implement a foreign policy based on active non-alignment, calls on China and Europe to diversify the global monetary system, and more.
  4. fengler4_SIMON MAINAAFP via Getty Images_africadigitalbank Simon Maina/AFP via Getty Images

    Financial Inclusion Must Reach the Last Billion

    Wolfgang Fengler explains why economic growth alone is not enough to extend the ladder of opportunity to all.
  5. fofack31_Fred DufourGettyImages_usaid_bag_car Fred Dufour/Getty Images

    Dismantling USAID Could Boost African Self-Reliance

    Hippolyte Fofack

    US President Donald Trump’s dismantling of America’s foreign-aid program may be the wake-up call African leaders need. If necessity is the mother of invention, the end of USAID could galvanize African governments to confront their countries’ challenges head-on.

    sees opportunities to promote local growth following a massive reduction in foreign aid.
  6. brown118_Wakil KohsarGettyImages_afghan_girls_school Wakil Kohsar/Getty Images

    The Internal Challenge to Afghanistan’s Ban on Girls’ Secondary Education

    Gordon Brown explains why the country’s leadership crisis represents an opportunity to end gender apartheid.
  7. jmccarthy1_CRISTINA ALDEHUELAAFP via Getty Images_cocoaghana Cristina Aldehuela/AFP via Getty Images

    Central Banks Must Stem the Nature Crisis

    Julie McCarthy urges monetary authorities to use their tools to mitigate the financial risks of environmental disruption.
  8. dudley1_Justin TallisGettyImages_tether Justin Tallis/Getty Images

    The US Needs Stablecoin Legislation Now

    Bill Dudley explains why lawmakers need to move quickly to establish US leadership in digital assets and payments.
  9. krueger85_Justin SullivanGetty Images_UScarstrade Justin Sullivan/Getty Images

    Tariff Man Doubles Down

    Anne O. Krueger warns that the Trump administration’s trade restrictions will harm the very industries they aim to protect.

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