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Lucrezia Reichlin

Lucrezia Reichlin

Writing for PS since 2014
39 commentaries
1 videos & podcasts

Lucrezia Reichlin, a former director of research at the European Central Bank, is Professor of Economics at the London Business School.

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  1. Will Crypto Save the Dollar?
    reichlin39_da-kukGetty Images_dollarcrypto da-kuk/Getty Images

    Will Crypto Save the Dollar?

    Jan 31, 2025 Lucrezia Reichlin asks whether the Trump administration's stablecoin strategy can preserve the greenback's global hegemony.

  2. Will the EU Heed Draghi’s Call for Integration?
    solana128_kamisoka_getty images_europe Kamisoka/Getty Images

    Will the EU Heed Draghi’s Call for Integration?

    Sep 26, 2024 Lucrezia Reichlin questions whether the bloc will be able to muster the necessary political will to secure its economic future.

  3. Can Central Banks Still Go Green?
    reichlin37_shomos uddinGetty Images_greencentralbank shomos uddin/Getty Images

    Can Central Banks Still Go Green?

    Jul 25, 2024 Lucrezia Reichlin argues that the return of inflation need not derail monetary policies geared toward addressing climate change.

  4. Inflation Targeting in an Age of Climate Change
    reichlin36_KIRILL KUDRYAVTSEVAFP via Getty Images_ecb KIRILL KUDRYAVTSEV/AFP via Getty Images)

    Inflation Targeting in an Age of Climate Change

    Jun 10, 2024 Lucrezia Reichlin urges central banks to devise frameworks for balancing their price-stability mandates with other objectives.

  5. Giorgia Meloni’s Surprising Success
    reichlin35_JOHN THYSAFP via Getty Images_meloni John Thys/AFP via Getty Images

    Giorgia Meloni’s Surprising Success

    Mar 29, 2024 Lucrezia Reichlin predicts that the Italian prime minister will have a lasting influence on European politics.

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  1. przybylski2_Alexander KoernerGetty Images_germanyarmy Alexander Koerner/Getty Images
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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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