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Jeffrey Frankel

Jeffrey Frankel

Writing for PS since 2000
199 commentaries
2 videos & podcasts


Jeffrey Frankel, Professor of Capital Formation and Growth at Harvard University, previously served as a member of President Bill Clinton’s Council of Economic Advisers. He is a research associate at the US National Bureau of Economic Research.

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  1. Debt Restructuring for Commodity Exporters
    frankel146_Per-Anders PetterssonGetty Image_zambiacopper Per-Anders Pettersson/Getty Image

    Debt Restructuring for Commodity Exporters

    Apr 25, 2023 Jeffrey Frankel proposes a mechanism that would allow indebted governments to hedge against negative price shocks.

  2. Fifty Years of Floating Currencies
    frankel145_ Richard Baker  In Pictures via Getty Images_exchangerates Richard Baker/In Pictures via Getty Images

    Fifty Years of Floating Currencies

    Mar 20, 2023 Jeffrey Frankel explains why the shift toward exchange-rate flexibility after 1973 was not a policy failure, as many believed.

  3. The Crusade to Ban ESG Makes No Sense
    frankel144_ Joe RaedleGetty Images_rondesantis Joe Raedle/Getty Images

    The Crusade to Ban ESG Makes No Sense

    Feb 24, 2023 Jeffrey Frankel explains why US Republicans' attack on “woke capital” is misguided, dangerous, and ideologically incoherent.

  4. Why This Debt-Ceiling Fight Is Different
    frankel143_ Anna MoneymakerGetty Images_debt ceiling Anna Moneymaker/Getty Images

    Why This Debt-Ceiling Fight Is Different

    Jan 19, 2023 Jeffrey Frankel warns that the current partisan standoff in Washington may not end with a last-minute compromise.

  5. Is a Global Recession Really Around the Corner?
    frankel142_ Michael M. SantiagoGetty Images Michael M. Santiago/Getty Images

    Is a Global Recession Really Around the Corner?

    Dec 22, 2022 Jeffrey Frankel explains why the looming economic downturn is not inevitable and may not be as bad as many economists expect.

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  1. rajan83_Kevin DietschGetty Images_federalreserve Kevin Dietsch/Getty Images

    Not Buying Central Banks’ Favorite Excuse

    Raghuram G. Rajan shows why monetary policymakers must bear some of the blame for the latest banking-sector turmoil.
  2. op_reedlangen6_Chip SomodevillaGetty Images_supremecourt Chip Somodevilla/Getty Images

    The Lost Liberal Legal Imagination

    Nicholas Reed Langen

    Rather than seeing themselves as the arbiters of divine precepts, Supreme Court justices after World War II generally understood that constitutional jurisprudence must respond to the realities of the day. Yet today's conservatives have seized on the legacy of one of the few justices who did not.

    considers the complicated legacy of a progressive jurist whom conservatives now champion.
  3. fulford1_John MooreGetty Images_pandemic John Moore/Getty Images

    Saved by the Pandemic?

    Scott Fulford explains why its successful COVID-19 stimulus could help the US forge a path to financial stability for all.
  4. slaughter97_Miguel PereiraGetty Images_workingfromhome Miguel Pereira/Getty Images

    How Much Work Is Enough?

    Anne-Marie Slaughter & Autumn McDonald explain how the pandemic raised new questions – and some very old ones – for employers and employees.
  5. velasco137_JAVIER TORRESAFP via Getty Images_kast JAVIER TORRES/AFP via Getty Images

    How the Far Left Paves the Way for the Far Right

    Andrés Velasco

    In October 2022, Chileans elected a far-left constitutional convention which produced a text so bizarrely radical that nearly two-thirds of voters rejected it. Now Chileans have elected a new Constitutional Council and put a far-right party in the driver’s seat.

    blames Chilean President Gabriel Boric's coalition for the rapid rise of far right populist José Antonio Kast.
  6. skidelsky187_Getty Images_gpt-4 Getty Images

    Creeping Toward Dystopia

    Robert Skidelsky worries that even elected governments will appropriate emerging technologies in the name of national security.
  7. shoukry2_BOBB MURIITHIAFP via Getty Images_drought BOBB MURIITHI/AFP via Getty Images

    The Climate Loss and Damage Fund Is Coming

    Sameh Shoukry assesses recent efforts to implement a crucial initiative agreed at last year’s UN Climate Change Conference.
  8. wian29_Kevin FrayerGetty Images_chinagraduates Kevin Frayer/Getty Images

    China’s Youth Unemployment Problem

    Nancy Qian warns that diminishing opportunities for new graduates will have profound long-run macroeconomic implications.
  9. dezegher1_ AHMAD ZAMRONIAFP via Getty Images_deforestation AHMAD ZAMRONI/AFP via Getty Images

    How Can the New EU Regulation Achieve Deforestation-Free Supply Chains?

    Joann de Zegher explains why transaction-level records are crucial to curbing the destruction of the world’s forests.

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