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Jason Furman

Jason Furman

Writing for PS since 2017
11 commentaries
1 videos & podcasts

Jason Furman, a former chair of President Barack Obama’s Council of Economic Advisers, is Professor of the Practice of Economic Policy at Harvard University’s John F. Kennedy School of Government and Senior Fellow at the Peterson Institute for International Economics.

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  1. Why Is US Inflation Falling?
    furman11_Liu JieXinhua via Getty Images_gasprices Liu Jie/Xinhua via Getty Images

    Why Is US Inflation Falling?

    Aug 14, 2023 Jason Furman challenges the view that recent price and employment trends defy standard economic models.

  2. The Trussonomics Warning
    furman10_DANIEL LEALAFP via Getty Images_UKeconomy Daniel Leal/AFP via Getty Images

    The Trussonomics Warning

    Oct 4, 2022 Jason Furman explains why all policies intended to help one group must nowadays come at the expense of other groups.

  3. America’s Wage-Price Persistence Must Be Stopped
    furman9_ STEFANI REYNOLDSAFP via Getty Images_USemploymenthiring Stefani Reynolds/AFP via Getty Images

    America’s Wage-Price Persistence Must Be Stopped

    Aug 2, 2022 Jason Furman argues that the Federal Reserve should err on the side of doing too much, rather than too little.

  4. Will US Consumers Keep Spending?
    furman8_ANGELA WEISSAFP via Getty Images_consumer spending ANGELA WEISS/AFP via Getty Images

    Will US Consumers Keep Spending?

    May 31, 2022 Jason Furman explains why high inflation and declining real wages have not caused households to reduce their outlays.

  5. This Inflation Is Demand-Driven and Persistent
    furman7_ C Patrick van KatwijkBSR AgencyGetty Images_shippping ports Patrick van Katwijk/BSR Agency/Getty Images

    This Inflation Is Demand-Driven and Persistent

    Apr 20, 2022 Jason Furman emphasizes that all the stories about supply shortages cannot explain the economic big picture.

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  1. przybylski2_Alexander KoernerGetty Images_germanyarmy Alexander Koerner/Getty Images

    Europe’s Democrats Must Forge a Will to Fight

    Wojciech Przybylski & Goran Buldioski think European leaders' most urgent security task is to nurture citizens' resolve to defend their countries.
  2. mazzucato81_Tomas CuestaGetty Images_javiermileichainsaw Tomas Cuesta/Getty Images

    Governments Are Not Startups

    Mariana Mazzucato & Rainer Kattel

    By trying to running the state like a private business, Elon Musk and other anti-government types are creating a mess that someone else will have to clean up. Governments and businesses serve vastly different purposes, answer to different constituencies, and operate on entirely different timelines.

    explain why ongoing efforts to run the state like a business are doomed to fail.
  3. jkerry2_Ozgun TiranAnadoluGettyImages_black_sea Ozgun Tiran/Anadolu/Getty Images

    Dumping Biomass in the Ocean Is Not a Climate Solution

    James Kerry & Lisa Levin warn against the commercialization of unproven climate interventions like one targeting the Black Sea.
  4. eichengreen202_ Stefan Wermuth - WPA PoolGetty Images_churchillsterling Stefan Wermuth/WPA/Pool/Getty Images

    Sterling’s Past and the Dollar’s Future

    Barry Eichengreen

    US President Donald Trump says he wants to preserve the dollar's international role as a reserve and payment currency. If that's true, the history of pound sterling suggests he should be promoting financial stability, limiting the use of tariffs, and strengthening America's geopolitical alliances.

    applies three lessons from prewar Britain that the Trump administration appears determined to ignore.
  5. wei69_Alex WongGetty Images_trumptariffs Alex Wong/Getty Images

    Trump’s Misguided Tariff Formula

    Shang-Jin Wei criticizes the US administration's crude calculations, which disregard textbook macroeconomic principles.
  6. chellaney186_SAI AUNG MAINSAI AUNG MAINAFP via Getty Images_myanmarearthquake Sai Aung Main/AFP via Getty Images

    The US Must Change Course on Myanmar

    Brahma Chellaney outlines a policy approach that would promote stability, rather than perpetuating criminality and violence.
  7. fedyk10_Thierry MonasseGettyImages_ec_rearm_eu_annoucement Thierry Monasse/Getty Images

    Europe Must Move Faster to Defend Itself

    Anastassia Fedyk, et al. outline four steps European leaders can take to accelerate rearmament and mitigate the Russian threat.
  8. guzman19_Tomas CuestaGetty Images_milei Tomas Cuesta/Getty Images

    Will the IMF Get Played by Javier Milei?

    Martín Guzmán worries that the Fund will damage its credibility by issuing another politically motivated loan to Argentina.
  9. velasco158_Spencer PlattGetty Images_rustbelt Spencer Platt/Getty Images

    There Is No Method to Trump’s Tariff Madness

    Andrés Velasco sees no merit in any of the rationales the White House has advanced for launching a global trade war.

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