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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
    Free to read

    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. delaney1_Jose JimenezGettyImages_bahamas_dorian Jose Jimenez/Getty Images

    Turning the Financial Tide for Small Island States

    Maya Delaney & Aminath Shauna tout the potential of green and blue bonds to protect critical ecosystems and build economic resilience.
  2. brown116_Timur MatahariGettyImages_indonesia_free_school_meals Timur Matahari/Getty Images

    School Meals Provide Food for Thought – and Fuel for Development

    Gordon Brown & Kevin Watkins tout universal nutrition programs in lower-income countries to mitigate a lost decade for poor children.
  3. karl3_Apu GomesGetty Images_LAfires Apu Gomes/Getty Images

    A House Gutted by Fire

    Terry Lynn Karl blames the inferno now consuming Los Angeles County squarely on greenhouse-gas emissions.
  4. op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images

    False Economies

    William H. Janeway

    For decades, an efficiency-centered “economic style” has dominated public policy, overriding the concerns for fairness that animated the New Deal and Lyndon B. Johnson’s Great Society. Now, Americans must brace for economic governance that delivers neither efficiency nor fairness, only chaos.

    highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.
  5. bq trump institutions Photo by Brendan McDermid-Pool/Getty Images

    Can US Institutions Withstand Trump 2.0?

    While some observers doubt that US President-elect Donald Trump poses a grave threat to US democracy, others are bracing themselves for the destruction of the country’s constitutional order. With Trump’s inauguration just around the corner, we asked PS commentators how vulnerable US institutions really are.

  6. wagner31_Westend61Getty Images_climatependulum Westend61/Getty Images

    The Climate Policy Pendulum

    Gernot Wagner notes that green technologies retain their many advantages, regardless of national political developments.
  7. strain35_Christina HouseGettyImages_commencement_ceremony Christina House/Getty Images

    Could High-Skill Immigration Increase Under Trump?

    Michael R. Strain argues that the recent kerfuffle over foreign workers underscores the president-elect’s pragmatic instincts.
  8. posner38_Viktor SidorovGettyImages_un_flag Viktor Sidorov/Getty Images

    What Happened to International Law?

    Eric Posner sees the web of treaties, conventions, and institutions as another victim of the anti-globalization backlash.
  9. palacio165_Picture AllianceGettyImages_eu_flags Picture Alliance/Getty Images

    Europe’s Year of Fundamental Choices

    Ana Palacio considers the complex array of internal and external challenges the European Union must confront in 2025.

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