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Chang-Tai Hsieh

Chang-Tai Hsieh

5 commentaries

Chang-Tai Hsieh is Professor of Economics at the University of Chicago Booth School of Business.

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  1. Taiwan’s Fatal Attractions
    hsieh5_SAM YEHAFP via Getty Images_pompeo in taiwan SAM YEH/AFP via Getty Images

    Taiwan’s Fatal Attractions

    Apr 1, 2022 Chang-Tai Hsieh thinks the island’s eagerness for diplomatic recognition is undermining its security.

  2. Bury the US-China Trade Agreement
    hsieh4_FREDERIC J. BROWNAFP via Getty Images_USChinatradewar Frederic J. Brown/AFP via Getty Images

    Bury the US-China Trade Agreement

    Feb 16, 2022 Chang-Tai Hsieh thinks the failure to implement fully the 2020 “phase one” deal is cause for celebration.

  3. Countering Chinese Industrial Policy Is Counterproductive
    hsieh3_STRAFP via Getty Images_semiconductor china

    Countering Chinese Industrial Policy Is Counterproductive

    Sep 15, 2021 Chang-Tai Hsieh argues that US economic strategy is failing to address the unique challenge posed by China.

  4. The Necessity of a Global Debt Standstill that Works
    hsieh2_ERIC BARADATAFP via Getty Images_worldbankbuildinglogo Eric Baradat/AFP via Getty Images

    The Necessity of a Global Debt Standstill that Works

    Apr 23, 2020 Patrick Bolton, et al. say any repayment freeze to help emerging economies withstand COVID-19 must include all private creditors.

  5. The COVID-19 Default Time Bomb
    gourinchas1_ALFREDO ESTRELLAAFP via Getty Images_mexicocoronaviruslockdownquarantine Alfredo Estrella/AFP via Getty Images

    The COVID-19 Default Time Bomb

    Apr 9, 2020 Pierre-Olivier Gourinchas & Chang-Tai Hsieh call for a comprehensive debt moratorium to free up funds for developing countries to fight the pandemic.

  1. afrasmussen17_TOFIK BABAYEVAFP via Getty Images_armeniaazerbaijanconflict Tofik Babayev/AFP via Getty Images
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    The Other Conflict on Europe’s Doorstep

    Anders Fogh Rasmussen warns that Azerbaijan may be preparing to renew its military aggression against neighboring Armenia.
  2. varoufakis101_Justin SullivanGetty Images_svb Justin Sullivan/Getty Images
    3

    Let the Banks Burn

    Yanis Varoufakis

    The banking system we take for granted is unfixable. The good news is that we no longer need to rely on any private, rent-seeking, socially destabilizing network of banks, at least not the way we have so far.

     shows why the current private system is unfixable – and why we don’t need to tolerate it anymore.
  3. roach151_ TIMOTHY A. CLARYAFP via Getty Images)_svb collapse TIMOTHY A. CLARY/AFP via Getty Images)
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    How China Benefits from Another US Banking Crisis

    Stephen S. Roach thinks America’s latest financial trouble will reinforce a narrative of terminal national decline.
  4. op_schell1_Andrea VerdelliGetty Images_xijinping Andrea Verdelli/Getty Images
    7

    Xi Jinping’s Chinese Tragedy

    Orville Schell interviewed by Irena Grudzińska Gross

    Like Vladimir Putin, China's leader is so steeped in a narrative of victimhood and fearful of appearing weak that it is hard to imagine him ever leading China out of the mess he has created. He could well be remembered as the leader who squandered history's most remarkable economic success story.

     about the country's increasingly worrisome trajectory, both at home and abroad.
  5. zizek16_ Frank Rumpenhorstpicture alliance via Getty Images_chatbot Frank Rumpenhorst/picture alliance via Getty Images
    3

    Artificial Idiocy

    Slavoj Žižek fears that the rise of powerful chatbots will spell the death of irony and nuance in human thought.
  6. kabubomariara1_Per-Anders Pettersson Contributor Getty Images_research africa Per-Anders Pettersson / Contributor Getty Images
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    Localizing Development Research

    Julia Kaufman & Jane Wanjiku Mariara explain why funders should be providing more long-term resources to researchers in developing countries.
  7. eeckhout1_Feature ChinaFuture Publishing via Getty Images_digitalrenminbi Feature China/Future Publishing via Getty Images
    1

    The Simplest Fix for Banking

    Jan Eeckhout explains how central bank digital currencies would end bank runs and banks' excessive risk-taking.
  8. chellaney161_ARUN SANKARAFP via Getty Images_blinken lavrov ARUN SANKAR/AFP via Getty Images
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    America’s Interest in Ending the Ukraine Crisis

    Brahma Chellaney explains why prolonging the conflict risks realizing the West’s worst geopolitical nightmare.
  9. krueger61_Tom WilliamsCQ-Roll Call, Inc via Getty Images_Intelsemicronductors Tom Williams/CQ-Roll Call, Inc via Getty Images
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    America’s Industrial Policy Is Counterproductive

    Anne O. Krueger laments that the Biden administration is adding red tape to an inefficient subsidy program.

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