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Curated by Project Syndicate

Honoring Ronald McKinnon

10 commentaries

Ronald McKinnon, a former professor at Stanford University and a renowned specialist on monetary policy and international trade and finance, passed away earlier this month. In his honor, Project Syndicate has compiled a list of commentaries that explore the impact of his work.

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  1. American-Made Financial Repression
    dollars in peoples hands Laura/Flickr

    American-Made Financial Repression

    Oct 24, 2014 Andrew Sheng & Xiao Geng argue that the dollar's global dominance has gone from benefit to burden for China.

  2. The 4% Non-Solution
    DollarFinanceEconomyUS_Images_of_money_flickr Flickr

    The 4% Non-Solution

    Jun 5, 2014 Kenneth Rogoff examines two ways to beat the zero bound on nominal interest rates.

  3. China’s Currency Conundrum

    China’s Currency Conundrum

    Apr 11, 2014 Ronald McKinnon warns that foreign pressure for renminbi appreciation risks triggering inflows of "hot" money.

  4. The Federal Reserve in a Time for Doves
    pa1297c.jpg Paul Lachine

    The Federal Reserve in a Time for Doves

    Aug 2, 2013 Kenneth Rogoff on the need for some unorthodoxy from the new head of the US Fed.

  5. Transatlantic Trade Goes Global
    dr4584c.jpg Dean Rohrer

    Transatlantic Trade Goes Global

    Jul 16, 2013 Michael J. Boskin

  6. The Unloved Dollar Standard

    The Unloved Dollar Standard

    Jan 23, 2013 Ronald McKinnon

Our Pick

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    Navigating Major Transitions in an Uncertain Economy

    Mohamed A. El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure.
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    Must Democratizing the Media Be Bad for Democracy?

    Carsten Brosda proposes a strategy to defend the digital public square against manipulation and algorithmic distortion.
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    Central Banks in a Cashless World

    Mariana Mazzucato & David Eaves explain why policymakers should become more involved in shaping or creating digital-payments infrastructure.
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    Governments Must Step Up to Prevent Cervical Cancer

    Ifeanyi M. Nsofor urges policymakers worldwide to commit to administering the HPV vaccine as widely as possible.
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    The Perils of Retirement in America

    Teresa Ghilarducci

    The US retirement system is failing American workers. But after decades of pushing fake fixes – especially forcing people to work longer – US policymakers have an opportunity to make real progress in bolstering Americans' economic security in old age.

     proposes a Grey New Deal that would boost economic security for all US workers in old age.
  6. nishtar8_AMAURY HAUCHARDAFP via Getty Images_africavaccine Amaury Hauchard/AFP via Getty Images
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    Fifty Years of Immunization Success Call for 50 More

    Sania Nishtar touts the remarkable results of global collaboration on routine vaccination and foresees continued progress.
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    Trump on Trial

    From a long list of criminal indictments to unfavorable voter demographics, there is plenty standing between presumptive GOP nominee Donald Trump and a second term in the White House. But a Trump victory in the November election remains a distinct possibility – and a cause for serious economic concern.

  8. woods56_Alex WongGetty Images_georgieva Alex Wong/Getty Images
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    The IMF Chose the Right Leader the Wrong Way

    Ngaire Woods thinks the Fund’s process for selecting its managing director is woefully out of step with today’s world.
  9. bildt122_Mikhail SvetlovGetty Images_trumpputin Mikhail Svetlov/Getty Images
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    Trump Is Putin’s Only Hope Now

    Carl Bildt considers the implications of Ukraine finally receiving the Western military aid it has been waiting for.

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