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Jeffrey Frankel

Jeffrey Frankel

Writing for PS since 2000
222 commentaries
2 videos & podcasts

Jeffrey Frankel, Professor of Capital Formation and Growth at Harvard University, served as a member of President Bill Clinton’s Council of Economic Advisers. He is a research associate at the US National Bureau of Economic Research.

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  1. Is Trump Engineering the Decline and Fall of the Dollar?
    frankel170_Anna MoneymakerGettyImages_trump_bessent Anna Moneymaker/Getty Images

    Is Trump Engineering the Decline and Fall of the Dollar?

    Mar 20, 2025 Jeffrey Frankel exposes fundamental flaws in the US administration’s vision for weakening the greenback.

  2. Trump’s Imaginary Victories
    frankel169_Alex WongGettyImages_trump_gulf_of_america Alex Wong/Getty Images

    Trump’s Imaginary Victories

    Mar 3, 2025 Jeffrey Frankel says that to call the US president a “transactional” leader is to ignore his utter lack of strategic thinking.

  3. A Retrospective on Trump’s First Year Back
    frankel168_Jabin BotsfordThe Washington Post via Getty Images_trumpmaga Jabin Botsford/The Washington Post via Getty Images

    A Retrospective on Trump’s First Year Back

    Jan 8, 2025 Jeffrey Frankel imagines the economic and geopolitical consequences we might be facing in January 2026.

  4. Can Trump’s Tariff Threats Save Dollar Hegemony?
    frankel167_erhui1979Getty Images_dollarfalling erhui1979/Getty Images

    Can Trump’s Tariff Threats Save Dollar Hegemony?

    Dec 17, 2024 Jeffrey Frankel warns that the US president-elect’s reckless rhetoric could undermine his stated objectives.

  5. Elon Musk’s $2 Trillion Fiscal Fantasy
    frankel166_JemalCountessGettyImages_national_debt Jemal Countess/Getty Images
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    Elon Musk’s $2 Trillion Fiscal Fantasy

    Nov 21, 2024 Jeffrey Frankel dives into the incoming US administration’s absurd claim that fresh tax cuts will not increase the deficit.

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  1. hausmann121_Artur WidakNurPhoto via Getty Images_applestoreasia Artur Widak/NurPhoto via Getty Images

    Trump’s $16 Trillion Trade Blind Spot

    Ricardo Hausmann identifies the fundamental flaw in the administration’s efforts to dismantle the postwar international order.
  2. roach176_Morris MacMatzenGettyImages_hamburg_port Morris MacMatzen/Getty Images

    A World Turned Inside Out

    Stephen S. Roach

    The geostrategic shock that has accompanied Donald Trump’s return to the White House is the functional equivalent of a full-blown crisis. It is likely to have a lasting impact on the US and Chinese economies, and the contagion is almost certain to spread throughout the world through cross-border trade and capital flows.

    likens Donald Trump’s reversal of America’s global leadership role to a full-blown crisis, similar to COVID-19.
  3. GettyImages-465335816

    Jorge Heine on the BRICS, active non-alignment, the US dollar, and more

    Jorge Heine urges the Organization of American States to demonstrate leadership in Haiti, shows how small countries can implement a foreign policy based on active non-alignment, calls on China and Europe to diversify the global monetary system, and more.
  4. fengler4_SIMON MAINAAFP via Getty Images_africadigitalbank Simon Maina/AFP via Getty Images

    Financial Inclusion Must Reach the Last Billion

    Wolfgang Fengler explains why economic growth alone is not enough to extend the ladder of opportunity to all.
  5. fofack31_Fred DufourGettyImages_usaid_bag_car Fred Dufour/Getty Images

    Dismantling USAID Could Boost African Self-Reliance

    Hippolyte Fofack

    US President Donald Trump’s dismantling of America’s foreign-aid program may be the wake-up call African leaders need. If necessity is the mother of invention, the end of USAID could galvanize African governments to confront their countries’ challenges head-on.

    sees opportunities to promote local growth following a massive reduction in foreign aid.
  6. brown118_Wakil KohsarGettyImages_afghan_girls_school Wakil Kohsar/Getty Images

    The Internal Challenge to Afghanistan’s Ban on Girls’ Secondary Education

    Gordon Brown explains why the country’s leadership crisis represents an opportunity to end gender apartheid.
  7. jmccarthy1_CRISTINA ALDEHUELAAFP via Getty Images_cocoaghana Cristina Aldehuela/AFP via Getty Images

    Central Banks Must Stem the Nature Crisis

    Julie McCarthy urges monetary authorities to use their tools to mitigate the financial risks of environmental disruption.
  8. dudley1_Justin TallisGettyImages_tether Justin Tallis/Getty Images

    The US Needs Stablecoin Legislation Now

    Bill Dudley explains why lawmakers need to move quickly to establish US leadership in digital assets and payments.
  9. krueger85_Justin SullivanGetty Images_UScarstrade Justin Sullivan/Getty Images

    Tariff Man Doubles Down

    Anne O. Krueger warns that the Trump administration’s trade restrictions will harm the very industries they aim to protect.

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