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Mohamed A. El-Erian

Mohamed A. El-Erian

Writing for PS since 2010
157 commentaries

Mohamed A. El-Erian, President of Queens’ College at the University of Cambridge, is a professor at the Wharton School of the University of Pennsylvania and the author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse (Random House, 2016).

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  1. Why the Fed Is Hard to Predict
    elerian157_Alex WongGetty Images_jeromepowell Alex Wong/Getty Images

    Why the Fed Is Hard to Predict

    May 30, 2023 Mohamed A. El-Erian thinks the US central bank's biggest problem is not the economy but rather its own institutional shortcomings.

  2. The Fed’s Credibility Problem
    elerian156_Drew AngererGetty Images_jeromepowell Drew Angerer/Getty Images

    The Fed’s Credibility Problem

    Apr 3, 2023 Mohamed A. El-Erian thinks the central bank's multiplying failures have done serious damage to its reputation and effectiveness.

  3. Fragmented Globalization
    elerian155_masha_taceGetty Images_fragmentedworld masha_tace/Getty Images

    Fragmented Globalization

    Mar 8, 2023 Mohamed A. El-Erian sees in the recent retrenchment of trade a profound shift rather than an end to cross-border flows.

  4. There Is More Inflation Complexity Ahead
    elerian154_Brendan Smialowski-PoolGetty Images_jeromepowell Brendan Smialowski/Pool/Getty Images

    There Is More Inflation Complexity Ahead

    Feb 9, 2023 Mohamed A. El-Erian assesses the likely trajectory of the American economy and warns of simplistic “soft landing” narratives.

  5. Another Annus Horribilis for the Fed
    elerian153_Sarah Silbiger-PoolGetty Images_jerome powell Sarah Silbiger-Pool/Getty Images

    Another Annus Horribilis for the Fed

    Dec 19, 2022 Mohamed A. El-Erian reflects on the US central bank’s compounding mistakes, and suggests how it can shape up in the new year.

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  1. haldar21_Getty Images Getty Images

    Revisiting the Behavioral Revolution in Economics

    Antara Haldar assesses the legacy of the intellectual challenge to the view that rational self-interest guides our actions.
  2. varoufakis104_Andrew LichtensteinCorbis via Getty Images_amazonunion Andrew Lichtenstein/Corbis via Getty Images

    New AI Germ Busters Can Also Bust Unions

    Yanis Varoufakis shows how an AI-driven biomedical breakthrough could rob workers of what little power they have left.
  3. james206_anilakkusGetty Images_globalization anilakkus/Getty Images

    Globalization’s Warring Narratives

    Harold James examines the analytical disagreements that are hampering management of an unavoidable phenomenon.
  4. op_nagymohacsi2_Namthip MuanthongthaeGetty Images_CBDC Namthip Muanthongthae/Getty Images

    The Digital Economy’s New Monetary Imperative

    Piroska Nagy Mohácsi

    In a rapidly digitalizing world, central banks are staring down a future in which they may lack the tools necessary to manage crises, and in which they may no longer be able to protect their monetary sovereignty. They should recognize that digital currency is a source of institutional salvation.

    thinks governments must embrace central bank digital currencies or risk a fundamental loss of control.
  5. pisaniferry145_ Thierry MonasseGetty Images_eu green deal Thierry Monasse/Getty Images

    Europe’s Climate Quandary

    Jean Pisani-Ferry assesses the inevitable trade-offs the European Union must confront in achieving its clean-energy targets.
  6. basu92_Win McNameeGetty Images_samaltmanopenaisenate Win McNamee/Getty Images

    Governing the Unknown

    Kaushik Basu suggests a few principles to guide policymakers as they try to keep up with rapidly advancing technologies.
  7. oyebanji2_ PIUS UTOMI EKPEIAFP via Getty Images_lassa fever PIUS UTOMI EKPEI/AFP via Getty Images

    Fast-Tracking a Lassa Fever Vaccine

    Oyeronke Oyebanji outlines what West African governments can learn from the development and distribution of the COVID-19 jab.
  8. schleussner1_David McNewGetty Images_heatwave David McNew/Getty Images

    Climate Science Beats Climate Fatalism

    Carl-Friedrich Schleussner, et al. show that the more ambitious 1.5º target for global warming is still feasible – and more necessary than ever.
  9. benami202_Burak KaraGetty Images_erdogan Burak Kara/Getty Images

    Turkey’s Pragmatic Islamist

    Shlomo Ben-Ami expects Recep Tayyip Erdoğan’s latest electoral victory to have little impact on Turkish foreign policy.

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