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Mohamed A. El-Erian

Mohamed A. El-Erian

Writing for PS since 2010
159 commentaries

Mohamed A. El-Erian, President of Queens’ College at the University of Cambridge, is a professor at the Wharton School of the University of Pennsylvania and the author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse (Random House, 2016).

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  1. Simplifying a Complicated Global Economy
    elerian159_ Kevin DietschGetty Images_fed Kevin Dietsch/Getty Images

    Simplifying a Complicated Global Economy

    Aug 17, 2023 Mohamed A. El-Erian thinks much will depend ultimately on the US Federal Reserve’s performance over the next six months.

  2. Finding Growth in a Fractured World
    elerian158_WANG ZHAOAFP via Getty Images_chinaeconomy Wang Zhao/AFP via Getty Images

    Finding Growth in a Fractured World

    Jul 20, 2023 Mohamed A. El-Erian outlines several steps that governments could take to prevent stagnation and enhance their citizens’ well-being.

  3. Why the Fed Is Hard to Predict
    elerian157_Alex WongGetty Images_jeromepowell Alex Wong/Getty Images

    Why the Fed Is Hard to Predict

    May 30, 2023 Mohamed A. El-Erian thinks the US central bank's biggest problem is not the economy but rather its own institutional shortcomings.

  4. The Fed’s Credibility Problem
    elerian156_Drew AngererGetty Images_jeromepowell Drew Angerer/Getty Images

    The Fed’s Credibility Problem

    Apr 3, 2023 Mohamed A. El-Erian thinks the central bank's multiplying failures have done serious damage to its reputation and effectiveness.

  5. Fragmented Globalization
    elerian155_masha_taceGetty Images_fragmentedworld masha_tace/Getty Images

    Fragmented Globalization

    Mar 8, 2023 Mohamed A. El-Erian sees in the recent retrenchment of trade a profound shift rather than an end to cross-border flows.

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  1. khrushcheva171_MIKHAIL METZELPOOLAFP via Getty Images_putinkim Mikhail Metzel/Pool/AFP via Getty Images
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    Putin and Kim’s Cartoon Summit

    Nina L. Khrushcheva thinks that Russia's recent meeting with North Korea was intended primarily as a warning to the South.
  2. haykel18_MANDEL NGANAFP via Getty Images_mbs Mandel Ngan/AFP via Getty Images
    1

    Saudi Arabia’s New Nationalism

    Bernard Haykel explains the reasoning behind the Kingdom's ongoing domestic- and foreign-policy transformation.
  3. wagner22_Lukas SchulzeGetty Images_pollution Lukas Schulze/Getty Images
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    The Green Growth Mindset

    Gernot Wagner sees doctrinaire debates about capitalism as irrelevant or even deleterious to the decarbonization effort.
  4. mallochbrown17_GIANLUIGI GUERCIAAFP via Getty Images_africawomenpolitics Gianluigi Guercia/AFP via Getty Images
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    Africa Is the Future of Multilateralism

    Mark Malloch-Brown explains why the continent should be at the forefront of efforts to bring about international reforms.
  5. op_yi2_PEDRO PARDOAFP via Getty Images_chinahousing Pedro Pardo/AFP via Getty Images
    3

    A Chinese Bubble Long in the Making

    Yi Fuxian

    The Chinese government is very good at covering up small problems, but these often pile up into much bigger ones that can no longer be ignored. The current real-estate bubble is a case in point, casting serious doubts not just on the wisdom of past policies but also on China's long-term economic future.

     traces the long roots of the country's mounting economic and financial problems.
  6. bp industrial policy Photo by Scott Olson/Getty Images
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    Industrial Policy Is Back

    From semiconductors to electric vehicles, governments are identifying the strategic industries of the future and intervening to support them – abandoning decades of neoliberal orthodoxy in the process. Are industrial policies the key to tackling twenty-first-century economic challenges or a recipe for market distortions and lower efficiency?

  7. fischer208_DrAfter123Getty Images_AIhuman DrAfter123/Getty Images
    1

    Is AI a Master or Slave?

    Joschka Fischer wonders whether humanity can even hope to maintain control in an era of “mega-crisis.”
  8. haldar25_BettmannGetty Images_friedmanreagan Bettmann/Getty Images
    9

    Laying Chicago Economics to Rest

    Antara Haldar

    From breakthroughs in behavioral economics to mounting evidence in the real world, there is good reason to think that the economic orthodoxy of the past 50 years now has one foot in the grave. The question is whether the mainstream economics profession has gotten the memo.

     looks back on 50 years of neoclassical economic orthodoxy and the damage it has wrought.
  9. delong254_ Samuel CorumGetty Images_january6riot Samuel Corum/Getty Images
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    America’s Broken Civic Bargain

    J. Bradford DeLong worries that Republicans have abandoned one of the core principles that sustains a democracy over time.

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