Professor Martin Feldstein On Saturday, February 27th, 2016

Harvard Professor Martin Feldstein: Stopping America’s Federal Debt Explosion

The US Congressional Budget Office (CBO) has just delivered the bad news that the national debt is now rising faster than GDP and heading toward ratios that we usually associate with Italy or Spain. That confirms More...

Professor Martin Feldstein On Friday, January 29th, 2016

Harvard Professor Martin Feldstein: The Shortcomings of Quantitative Easing in Europe

CAMBRIDGE – Why has the US Federal Reserve’s policy of quantitative easing been so much more successful than the version of QE implemented by the European Central Bank? That intellectual question leads directly More...

Professor Martin Feldstein On Monday, December 28th, 2015

Harvard Professor Martin Feldstein: The Global Economy Confronts Four Geopolitical Risks

CAMBRIDGE – The end of the year is a good time to consider the risks that lie ahead of us. There are of course important economic risks, including the mispricing of assets caused by a decade of ultra-low More...

Professor Martin Feldstein On Wednesday, October 28th, 2015

Harvard Professor Martin Feldstein: Chile’s Uncertain Future

When I was in Chile earlier this month, I was impressed by the contrast between the palpable success of its long-standing free-market policies and the current agenda of its leftist president, Michelle Bachelet. More...

Professor Martin Feldstein On Tuesday, September 29th, 2015

Harvard Professor Martin Feldstein: The Chinese Economy and Fed Policy

Janet Yellen’s speech on September 24 at the University of Massachusetts clearly indicated that she and the majority of the members of the Federal Reserve’s Federal Open Market Committee intend to raise More...

Professor Martin Feldstein On Monday, August 31st, 2015

Harvard Professor Martin Feldstein: Will Americans Become Poorer?

CAMBRIDGE – Robert Gordon of Northwestern University has launched a lively and important debate about the future rate of economic growth in the United States. Although his book The Rise and Fall of American More...

Professor Martin Feldstein On Thursday, July 30th, 2015

Harvard Professor Martin Feldstein: Are US Middle-Class Incomes Really Stagnating?

 The challenge of raising the incomes of middle-class families has emerged as an important focus of the presidential election campaign in the United States. Everyone agrees that incomes at the top have surged More...

Harvard Professor Martin Feldstein: The Inflation Puzzle

The low rate of inflation in the United States is a puzzle, especially to economists who focus on the relationship between inflation and changes in the monetary base. After all, in the past, increases and More...

Professor Martin Feldstein On Tuesday, April 28th, 2015

Harvard Professor Martin Feldstein: America’s Risky Recovery

The United States’ economy is approaching full employment and may already be there. But America’s favorable employment trend is accompanied by a substantial increase in financial-sector risks, owing More...

Professor Martin Feldstein On Friday, March 27th, 2015

Harvard Professor Martin Feldstein: A Window on China’s New Normal

Every year at this time, China’s government organizes a major conference – sponsored by the Development Research Center, the official think tank of the State Council – that brings together senior Chinese More...

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