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William H. Janeway

William H. Janeway

27 commentaries

William H. Janeway is a distinguished affiliated professor in economics at the University of Cambridge and author of Doing Capitalism in the Innovation Economy (Cambridge University Press, 2018).

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  1. In AI We Trust?
    op_janeway18_DrAfter123Getty Images_AI DrAfter123/Getty Images

    In AI We Trust?

    Feb 21, 2025 William H. Janeway explains why even cutting-edge innovations are not immune to the world’s inherent unpredictability.

  2. False Economies
    op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images

    False Economies

    Jan 17, 2025 William H. Janeway highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.

  3. The Rise of Mesoeconomics
    op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    May 17, 2024 William H. Janeway explains how a long-neglected field of economic study can be applied to today's most pressing policy challenges.

  4. Is Techno-Monopoly Inevitable?
    op_janeway15_AMY OSBORNEAFP via Getty Images_googlecampus Amy Osborne/AFP via Getty Images

    Is Techno-Monopoly Inevitable?

    Apr 5, 2024 William H. Janeway assesses a new theory of “technological market power” and its effects on the modern economy.

  5. The Political Economy of Technology
    op_janeway14_DrAfter123Getty Images_AIsociety DrAfter123/Getty Images

    The Political Economy of Technology

    Aug 25, 2023 William H. Janeway reviews the 2024 Nobel laureate economists Daron Acemoglu and Simon Johnson's recent work on innovation and economic development.

  1. weglarczyk1_Justin TallisGettyImages_europe_security_summit Justin Tallis/Getty Images
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    Europe, United, Will Never Be Defeated!

    Bartosz Węglarczyk identifies the main obstacle to the development of an effective defense strategy in the absence of US support.
  2. strain37_Spencer PlattGettyImages_trump_stock_market Spencer Platt/Getty Images
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    Why Is Trump Undermining the US Economy?

    Michael R. Strain

    Although Donald Trump got off to a good start, with equity prices hitting all-time highs in anticipation of pro-growth policies, investor confidence has vanished, tanking the stock market. With the president deliberately undermining the foundations of US prosperity, one must ask why he is doing it, and what could stop him.

     offers three explanations for a set of policies that have sent investor confidence into a tailspin.
  3. berglof40_Geoff RobinsGettyImages_trade_tariffs_cars Geoff Robins/Getty Images
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    How to Lose a Decade

    Erik Berglöf & Nahom Ghebrihiwet warns that a trade war will harm economic growth and decarbonization, with developing countries hit hardest.
  4. tharoor200_Jim WatsonGettyImages_trump_modi_trade Jim Watson/Getty Images
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    Will Trump’s Tariffs Derail India’s Economy?

    Shashi Tharoor

    The US administration’s plan to impose “reciprocal” import tariffs could severely curtail key Indian exports, including chemicals, metals, auto parts, and pharmaceuticals, leading to job losses and undermining fiscal stability. India has little choice but to lower its own tariffs while negotiating improved access to the US market.

     urges policymakers to brace for the impact – known and unknown – of the US administration’s trade policies.
  5. hamada69_The Washington PostGettyImages_trump_speech The Washington Post/Getty Images
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    Countering Trump’s Politics of Fear

    Koichi Hamada calls for a new set of policies that responds to, rather than dismisses, US voters’ legitimate fears.
  6. galen5_Andrew HarnikGetty Images_trumpcongress Andrew Harnik/Getty Images
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    Where Are the Democrats?

    Reed Galen lambasts the party for sitting by and watching America implode, in the misguided hope of winning the midterms.
  7. moyo34_Spencer PlattGetty Images_NYSE Spencer Platt/Getty Images
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    Signs of a US Recession

    Dambisa Moyo catalogues several indicators suggesting that the world's largest economy is headed for a slump.
  8. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images
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    Trump’s Trade War

    Less than two months into his second presidency, Donald Trump has imposed sweeping tariffs on America’s three largest trading partners, with much more to come. This strategy not only lacks any credible theoretical foundations; it is putting the US on a path toward irrevocable economic and geopolitical decline.

  9. ruf1_MANAURE QUINTEROAFP via Getty Images_data center Manaure Quintero/AFP via Getty Images
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    Why Frugal AI Alone Won’t Fix AI’s Energy Problem

    Boris Ruf explains why shifting the responsibility for reducing AI’s carbon footprint to end users is counterproductive.

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