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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. Rodrik_Say-More_Rawf8-via-GettyRF

    Kishore Mahbubani on the US-China rivalry, Asian security risks, and more

    Kishore Mahbubani offers advice to Western diplomats attempting to engage with Asia, identifies risks to the region’s stability, highlights Singapore’s lessons for developing-country leaders, and more.
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    Tracking Air Quality the Right Way

    Soumya Swaminathan & Christa Hasenkopf call for an authoritative global accounting of the world’s single greatest external risk to human health.
  3. buchholz19_Tayfun CoskunAnadolu Agency via Getty Images_aukus Tayfun Coskun/Anadolu Agency via Getty Images

    Countries That March Together Should Trade Together

    Todd G. Buchholz urges the next US president to distinguish good from bad actors, rather than raise tariffs haphazardly.
  4. op_roubini1_GettyImages_USChinamoneysewedtogether Getty Images

    Resetting US-China Economic Relations

    Barry Eichengreen

    The implications of the deepening Sino-American rift are far-reaching, because several of the world’s most pressing economic problems can be solved only with contributions from both countries. And, to address global challenges, active cooperation between the two economic powers is indispensable.

    hopes that political will on both sides catches up with the opporunities for cooperation that now exist.
  5. gros189_Sean GallupGetty Images_germanypowerlines Sean Gallup/Getty Images

    The Improving Economics and Worsening Geopolitics of Clean Energy

    Daniel Gros warns that political obstacles are preventing the widespread uptake of low-cost green technologies.
  6. rajan94_Arvind YadavHindustan Times via Getty Images_indiasemiconductor Arvind Yadav/Hindustan Times via Getty Images

    Industrial Policy’s Deceptive New Clothes

    Raghuram G. Rajan

    If the new "industrial strategy" is offering ideas for better public governance, it is useful. But it becomes positively dangerous when it turns to the private sector, where state interventions inevitably undermine competition, disrupt price signals, and dampen the motivation to innovate.

    sees little reason to support the case for renewed government interventions in the private sector.
  7. frankel128_ plus49Construction PhotographyAvalonGetty Images_emissions plus49Construction PhotographyAvalonGetty Images

    A New Trilemma Haunts the World Economy

    Dani Rodrik weighs the trade-offs between combating climate change, global poverty, and rich countries’ middle-class decline.
  8. hamada66_ Mario TamaGetty Images Mario Tama/Getty Images)

    The Choice Confronting American Voters

    Koichi Hamada warns that electing a president who refuses to accept defeat could jeopardize not only US democracy.
  9. bremmer32GettyImages-1233025699_AW Getty Images

    Climate Security and Geopolitics

    Ian Bremmer

    Although multilateral efforts to address climate change are not well served by deepening geopolitical rivalries or the apparent trend toward global economic fragmentation, that doesn’t mean governments have abandoned the pursuit of net-zero emissions. Instead, the process has become more competitive – and more complex.

    considers the international political dynamics of current energy, trade, and environmental policies.

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