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Martin Feldstein

Martin Feldstein

129 commentaries

Martin Feldstein was Professor of Economics at Harvard University and President Emeritus of the National Bureau of Economic Research. He chaired President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984. In 2006, he was appointed to President Bush's Foreign Intelligence Advisory Board, and, in 2009, was appointed to President Obama's Economic Recovery Advisory Board. He was also on the board of directors of the Council on Foreign Relations, the Trilateral Commission, and the Group of 30, a non-profit, international body that seeks greater understanding of global economic issues.

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  1. Will the US Capitulate to China?
    us china trade negotiations MANDEL NGAN/AFP/Getty Images
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    Will the US Capitulate to China?

    Feb 25, 2019 Martin Feldstein warns that any bilateral trade deal that fails to address theft of US companies' technology will be useless.

  2. There Is No Sino-American Trade War
    trump xi jinping NICOLAS ASFOURI/AFP/Getty Images

    There Is No Sino-American Trade War

    Jan 29, 2019 Martin Feldstein defends US import tariffs as an effective way to stop China's theft of American companies' technology.

  3. Why Is the Fed Still Raising Interest Rates?
    feldstein127_Spencer PlattGetty Images_stock market Spencer Platt/Getty Images

    Why Is the Fed Still Raising Interest Rates?

    Dec 27, 2018 Martin Feldstein sees three reasons for continuing to tighten monetary policy, despite slowing economic growth.

  4. How to Save Social Security Systems
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    How to Save Social Security Systems

    Nov 28, 2018 Martin Feldstein advocates a mixed system of fixed, tax-based benefits and variable, market-based returns.

  5. Falling Share Prices and the Outlook for the US Economy
    us traders Drew Angerer/Getty Images

    Falling Share Prices and the Outlook for the US Economy

    Oct 29, 2018 Martin Feldstein explains why the decline in household wealth implied by a more normal price-earnings ratio will mean recession.

  1. mueller47_VLADIMIR SIMICEKAFP via Getty Images_robertfico Vladimir Simicek/AFP via Getty Images

    Democracies Are Not “Backsliding”

    Jan-Werner Mueller thinks the language commonly used to describe the shift toward authoritarianism is hampering solutions.
  2. varoufakis107_Thomas LohnesGetty Images_christinelagarde Thomas Lohnes/Getty Images

    Christine Lagarde’s Gifts to Populists

    Yanis Varoufakis worries that the European Central Bank's blunders have revived the far right's political fortunes.
  3. rodrik213_James WakibiaSOPA ImagesLightRocket via Getty Images_kenyasolar James Wakibia/SOPA Images/LightRocket via Getty Images

    Bridging the Climate-Development Gap

    Dani Rodrik & Ishac Diwan explain how to free up fiscal space for sustainable development in many low- and middle-income countries.
  4. sheng141_XinhuaMao Siqian via Getty Images_hong kong Xinhua/Mao Siqian via Getty Images

    Lower Transaction Costs for Greater Innovation

    Andrew Sheng & Xiao Geng highlight the link between access to global markets and investment in research and development.
  5. Ashoka_Say-More_Ghersi-via-GettyRF

    Ashoka Mody on Indian corruption, growth, jobs, and more

    Ashoka Mody explains the roots of the lack of accountability in India, highlights shortcomings in human capital and gender equality, casts doubt on the country’s ability to assume a Chinese-style role in manufacturing, and more.
  6. chowdhury1_BIJU BOROAFP via Getty Images_india flooding BIJU BORO/AFP via Getty Images

    Why India’s Women Are More Vulnerable to Disasters

    Joyita Roy Chowdhury & Prarthna Agarwal Goel call attention to gender inequalities that exacerbate the effects of floods and other natural catastrophes.
  7. spence164_Thierry MonasseGetty Images_eu integration Thierry Monasse/Getty Images

    Europe in the Age of Industrial Policy

    Michael Spence

    While China and the US take advantage of scale to pursue large-scale investment in critical sectors, the EU struggles to follow suit, owing to its decentralized fiscal structures and rules limiting government subsidies to industry. A new EU-level investment program is urgently needed.

    advocates a federal investment program, funded by EU sovereign-debt issuance and administered centrally.
  8. brown99_Elke ScholiersGetty Images_g20 Elke Scholiers/Getty Images

    Fixing Global Governance

    Gordon Brown explains how to make the G20 and the Bretton Woods institutions fit for purpose once again.
  9. stark9_DANIEL ROLANDAFP via Getty Images_ecb DANIEL ROLAND/AFP via Getty Images

    The EU Needs Fiscal Union

    Lucrezia Reichlin laments the pro-cyclical bent of the European Commission’s proposed reforms to fiscal rules.

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