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Martin Feldstein

Martin Feldstein

129 commentaries

Martin Feldstein was Professor of Economics at Harvard University and President Emeritus of the National Bureau of Economic Research. He chaired President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984. In 2006, he was appointed to President Bush's Foreign Intelligence Advisory Board, and, in 2009, was appointed to President Obama's Economic Recovery Advisory Board. He was also on the board of directors of the Council on Foreign Relations, the Trilateral Commission, and the Group of 30, a non-profit, international body that seeks greater understanding of global economic issues.

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  1. Will the US Capitulate to China?
    us china trade negotiations MANDEL NGAN/AFP/Getty Images
    Free to read

    Will the US Capitulate to China?

    Feb 25, 2019 Martin Feldstein warns that any bilateral trade deal that fails to address theft of US companies' technology will be useless.

  2. There Is No Sino-American Trade War
    trump xi jinping NICOLAS ASFOURI/AFP/Getty Images

    There Is No Sino-American Trade War

    Jan 29, 2019 Martin Feldstein defends US import tariffs as an effective way to stop China's theft of American companies' technology.

  3. Why Is the Fed Still Raising Interest Rates?
    feldstein127_Spencer PlattGetty Images_stock market Spencer Platt/Getty Images

    Why Is the Fed Still Raising Interest Rates?

    Dec 27, 2018 Martin Feldstein sees three reasons for continuing to tighten monetary policy, despite slowing economic growth.

  4. How to Save Social Security Systems
    retire garden maus182/Getty Images

    How to Save Social Security Systems

    Nov 28, 2018 Martin Feldstein advocates a mixed system of fixed, tax-based benefits and variable, market-based returns.

  5. Falling Share Prices and the Outlook for the US Economy
    us traders Drew Angerer/Getty Images

    Falling Share Prices and the Outlook for the US Economy

    Oct 29, 2018 Martin Feldstein explains why the decline in household wealth implied by a more normal price-earnings ratio will mean recession.

  1. COP29 Financial Inclusion is Climate Action Event Thumbnail

    PS Events: COP29 Live From Baku Session 2

    PS editors present our second session from COP29, Financial Inclusion is Climate Action.
  2. pisaniferry149_ThierryMonasseGettyImages_vonderleyen_green_industry Thierry Monasse/Getty Images

    The EU Needs a Strong Clean Industrial Deal

    Jean Pisani-Ferry, et al. tout a strategy that combines decarbonization with measures to boost competitiveness and social cohesion.
  3. ggray1_DanielBeloumouOlomoGettyImages_neonatal_ward_cameroon Daniel Beloumou Olomo/Getty Images

    The World’s Babies Need Antibiotics, Not Just Vaccines

    Glenda Gray urges the international community to help African countries prevent infant deaths from treatable infections.
  4. bp how trump won Photo by Joe Raedle/Getty Images

    How Trump Did It

    Not only did Donald Trump win last week’s US presidential election decisively – winning some three million more votes than his opponent, Vice President Kamala Harris – but the Republican Party he now controls gained majorities in both houses on Congress. Given the far-reaching implications of this result – for both US democracy and global stability – understanding how it came about is essential.

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    The Big Picture

  6. pistor38_Beata ZawrzelNurPhoto via Getty Images_capitalismprotest Beata Zawrzel/NurPhoto via Getty Images

    Capitalism Is Driving Democracy’s Death Spiral

    Katharina Pistor argues that the financialization of the global economy has come at the expense self-governance.
  7. anheier26_Markus Lenhardtpicture alliance via Getty Images_reichstag Markus Lenhardt/picture alliance via Getty Images

    What Germany’s Next Government Must Do

    Helmut K. Anheier argues that whoever wins the upcoming snap election must make progress in four key areas.
  8. op_yhuang2_BRENDAN SMIALOWSKIAFP via Getty Images_trumpmaga Brendan Smialowski/AFP via Getty Images

    To Win Back Voters, Democrats Should Let Trump Be Trump

    Yasheng Huang

    By voting for Republican candidates, working-class voters effectively get to have their cake and eat it, expressing conservative moral preferences while relying on Democrats to fight for their basic economic security. The best strategy for Democrats now will be to permit voters to face the consequences of their choice.

    urges the party to adopt a long-term strategy aimed at discrediting the MAGA ideology once and for all.
  9. basu107_JimWatsonGettyImages_steelworkers_trump1 Jim Watson/Getty Images

    What If Trump Keeps His Promises?

    Kaushik Basu warns that the president-elect’s proposed trade policies will erode America’s competitiveness.

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