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Michael R. Strain

Michael R. Strain

Writing for PS since 2022
33 commentaries

Michael R. Strain, Director of Economic Policy Studies at the American Enterprise Institute, is the author, most recently, of The American Dream Is Not Dead: (But Populism Could Kill It) (Templeton Press, 2020).

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  1. The Debt That Shall Not Be Named
    stain31_Jemal CountessGetty Images for the Peter G. Peterson Foundation_USdebt Jemal Countess/Getty Images for the Peter G. Peterson Foundation

    The Debt That Shall Not Be Named

    Sep 27, 2024 Michael R. Strain warns that both US presidential candidates are ignoring one of the most pressing issues facing the country.

  2. The Future of Conservatism
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    The Future of Conservatism

    Sep 9, 2024 Elizabeth Corey, et al. consider whether the populist “new right” in America, Europe, and elsewhere is here to stay.

  3. Harris Needs Her Own Economic Policy
    strain30_Peter ZayAnadolu via Getty Images_harris economy Peter Zay/Anadolu via Getty Images

    Harris Needs Her Own Economic Policy

    Aug 15, 2024 Michael R. Strain urges the Democratic nominee to take a new approach to addressing the problems confronting the US economy.

  4. The Fed Should Not Cut Interest Rates Yet
    strain29_ Bonnie CashGetty Images_powell Bonnie Cash/Getty Images

    The Fed Should Not Cut Interest Rates Yet

    Jul 17, 2024 Michael R. Strain argues that declaring victory over inflation, while tempting, would be to misread current economic conditions.

  5. Encouraging Work Is the Right Policy Response to AI
    strain28_MIKE NELSONAFP via Getty Images_gregboyle Mike Nelson/AFP via Getty Images

    Encouraging Work Is the Right Policy Response to AI

    Jun 25, 2024 Michael R. Strain explains why the advent of highly capable machines cannot deliver human flourishing.

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    Can Europe Create an Innovation Economy?

    Philippe Aghion, et al. explain what EU member states must do to stop falling further behind the United States economically.
  2. krueger52_FREDERIC J. BROWNAFP via Getty Images_shipping port us FREDERIC J. BROWN/AFP via Getty Images
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    Trump’s Proposed Tariffs Are a Gift to the Rich

    Simon Johnson cites research showing that middle-class US households would foot the bill.
  3. imweber7_Dave ReedeDesign Pics EditorialUniversal Images Group via Getty Images_grain storage Dave Reede/Design Pics Editorial/Universal Images Group via Getty Images
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    Building a Buffer Against Food-Price Shocks

    Isabella M. Weber, et al. urge Brazil and South Africa, as successive G20 presidents, to devise a new stabilization playbook.
  4. benami215_IBRAHIM HAMSAFP via Getty Images_gazawar Ibrahim Hams/AFP via Getty Images
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    Nothing New on the Middle Eastern Front

    Slavoj Žižek sees developments in the year since October 7, 2023, as the logical realization of long-standing potentialities.
  5. james222_Win McNameeGetty Images)_debate Win McNamee/Getty Images)
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    Trump’s Tariffs Are an Opportunity for Harris

    Harold James urges the Democratic presidential candidate to reject the new consensus against free trade.
  6. milani6_MENAHEM KAHANAAFP via Getty Images_israeliranmissiles Menahem Kahana/AFP via Getty Images
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    A Dangerous Dance for Israel and Iran

    Abbas Milani sees both countries walking a tightrope to maintain deterrence without provoking a full-blown war.
  7. haldar38_ERNESTO BENAVIDESAFP via Getty Images)_fujimori ERNESTO BENAVIDES/AFP via Getty Images)
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    The Bloody Path of Alberto Fujimori’s Neoliberalism

    Antara Haldar assesses the former Peruvian president’s legacy of free-market reform and death-squad dictatorship.
  8. benami218_JALAA MAREYAFP via Getty Images_lebanon israel iran JALAA MAREY/AFP via Getty Images
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    The Middle East’s Deadly Dream Palaces

    Shlomo Ben-Ami traces the delusions of Arab, Iranian, and Israeli leaders that have kept the region mired in violence.
  9. op_sonin1_ILYA PITALEVSPUTNIKAFP via Getty Images_russiamilitaryproduction Ilya Pitalev/Sputnik/AFP via Getty Images
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    Making Sense of Russia’s War Economy

    Konstantin Sonin

    Despite the apparent resilience of Russia's economy, Vladimir Putin’s full-scale war against Ukraine comes at a high economic cost. Not only does it require today’s Russians to live a worse life than they otherwise would have done; it also condemns future generations to the same.

     explains the apparent resilience of growth and employment in the face of increasingly tight sanctions.

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