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Barry Eichengreen

Barry Eichengreen

Writing for PS since 2003
189 commentaries
1 videos & podcasts

Barry Eichengreen, Professor of Economics and Political Science at the University of California, Berkeley, is a former senior policy adviser at the International Monetary Fund. He is the author of many books, including In Defense of Public Debt (Oxford University Press, 2021).

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  1. The Middle Truth in the Inflation Muddle
    eichengreen187_ Alex WongGetty Images_jeromepowell Alex Wong/Getty Images

    The Middle Truth in the Inflation Muddle

    Feb 14, 2024 Barry Eichengreen explains why the Federal Reserve's critics are wrong about monetary policy's role in recent years.

  2. Is Joe Biden Really the New Jimmy Carter?
    eichengreen186_Bettmann  Contributor_biden carter Bettmann / Contributor

    Is Joe Biden Really the New Jimmy Carter?

    Jan 9, 2024 Barry Eichengreen sees a key difference between the incumbent and the last one-term Democratic US president.

  3. Developing Countries’ Never-Ending Debt Crisis
    eichengreen185_TIMOTHY A. CLARYAFP via Getty Images_interest rates TIMOTHY A. CLARY/AFP via Getty Images

    Developing Countries’ Never-Ending Debt Crisis

    Dec 14, 2023 Barry Eichengreen worries that creditors, especially major sovereigns like China, are losing their grip on the problem.

  4. Certain Uncertainty in the US Bond Market
    eichengreen184_(Kent Nishimura  Los Angeles Times via Getty Images_treasury Kent Nishimura / Los Angeles Times via Getty Images

    Certain Uncertainty in the US Bond Market

    Nov 9, 2023 Barry Eichengreen thinks that investors who are piling back into US Treasuries could be in for a rude awakening.

  5. The New Industrial Politics
    eichengreen183_Drew AngererGetty Images_chipsandscienceact Drew Angerer/Getty Images

    The New Industrial Politics

    Oct 9, 2023 Barry Eichengreen thinks state intervention to promote specific industries in particular places has been only partly vindicated.

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  1. spence170_Biplov BhuyanHindustan Times via Getty Images_wsupreme court india Biplov Bhuyan/Hindustan Times via Getty Images

    Making Sense of Society

    Michael Spence

    A 2022 book argues that the only effective responses to government or market deficiencies come from civil society. When society is “malfunctioning” – for example, owing to deep polarization or fragmentation – that response mechanism is disrupted, and can even stop working altogether.

    considers why a healthy civil society is crucial to good governance and inclusive prosperity.
  2. haldar31_Sefa KaracanAnadolu AgencyGetty Images_navalny Sefa Karacan/Anadolu Agency/Getty Images

    Shock Therapy Killed Navalny

    Antara Haldar argues that while Vladimir Putin bears responsibility, so do the economic policies that put him in power.
  3. rbrooks1_Markus Scholzpicture alliance via Getty Images_germanyshipping Markus Scholz/picture alliance via Getty Images

    Putin’s Silk Road Around Sanctions

    Robin Brooks & Simon Johnson urge Europe and the G7 to stop the re-export of Western goods to Russia from Central Asia and the Caucasus.
  4. thallinger3_Sean GallupGetty Images_fossil fuels Sean Gallup/Getty Images

    To Fight Climate Change, End Fossil-Fuel Subsidies

    Günther Thallinger & Ludovic Subran urge policymakers to recognize the true costs of a policy that harms the planet and does not help the poor.
  5. saputra2_ADITYA AJIAFP via Getty Images_world bank mangrove ADITYA AJI/AFP via Getty Images

    Banking on the World Bank’s Knowledge

    Wempi Saputra identifies three areas in which the organization’s client countries could use more guidance.
  6. mazzucato63_Matt CardyGetty Images_kids using social media Matt Cardy/Getty Images

    The Algorithm and Its Discontents

    Mariana Mazzucato & Ilan Strauss

    Deploying algorithms to maximize user engagement is how Big Tech firms maximize shareholder value, with short-term profits often overriding longer-term business objectives. Now that AI is poised to supercharge the platform economy, new rules and governance structures are urgently needed to safeguard the public.

    propose five principles to ensure that the digital economy serves the public good before short-term profit.
  7. reedlangen6_Leon NealGetty Images_UKsupremecourt Leon Neal/Getty Images

    Judgment Days for Democracy

    Nicholas Reed Langen suspects that judges will play an increasingly central role in protecting democracy against populist assaults.
  8. lawson2_JEKESAI NJIKIZANAAFP via Getty Images_cash transfer JEKESAI NJIKIZANA/AFP via Getty Images

    A Global Cash-Transfer Fund Could End Extreme Poverty

    Cina Lawson & Rory Stewart show that the conditions are ripe for deploying lump-sum payments to the world’s poorest people.
  9. roach162_Kevin DietschGetty Images_christopherwray Kevin Dietsch/Getty Images

    The Drums of US-China Cyber War

    Stephen S. Roach worries that irrational Sinophobia has become America's new bipartisan political orthodoxy.

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