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Mohamed A. El-Erian

Mohamed A. El-Erian

Writing for PS since 2010
170 commentaries

Mohamed A. El-Erian, President of Queens’ College at the University of Cambridge, is a professor at the Wharton School of the University of Pennsylvania and the author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse (Random House, 2016) and a co-author (with Gordon Brown, Michael Spence, and Reid Lidow) of Permacrisis: A Plan to Fix a Fractured World (Simon & Schuster, 2023).

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  1. Analytical Volatility Is Worse than Market Whiplash
    elerian171_Michael M. SantiagoGetty Images_ Michael M. Santiago/Getty Images

    Analytical Volatility Is Worse than Market Whiplash

    Aug 30, 2024 Mohamed A. El-Erian considers why economic forecasters have been responding so dramatically to each data release.

  2. Beware of the Fed’s Contrived Consensus
    elerian170_OLIVIER DOULIERYAFP via Getty Images_fed Olivier Douliery/AFP via Getty Images

    Beware of the Fed’s Contrived Consensus

    Aug 8, 2024 Mohamed A. El-Erian thinks the US central bank could learn something from the Bank of England's more transparent process.

  3. The Factors Behind US Investor Confidence
    elerian169_Spencer PlattGetty Images_nyse Spencer Platt/Getty Images

    The Factors Behind US Investor Confidence

    Jul 25, 2024 Mohamed A. El-Erian thinks an accommodative monetary policy is becoming increasingly important for US investors.

  4. The Growth Agenda for the United Kingdom
    el-erian168_Christopher FurlongGetty Images_keirstarmereconomy Christopher Furlong/Getty Images

    The Growth Agenda for the United Kingdom

    Jun 26, 2024 Mohamed A. El-Erian offers a broad outline of what it will take for the Labour Party to achieve its economic-policy goals.

  5. Navigating Major Transitions in an Uncertain Economy
    elerian167_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images

    Navigating Major Transitions in an Uncertain Economy

    Apr 26, 2024 Mohamed A. El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure.

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  1. bremmer35_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_biden zelensky ANDREW CABALLERO-REYNOLDS/AFP via Getty Images

    Ukraine Needs Security Guarantees

    Ana Palacio views NATO as the only institution that can credibly safeguard the country’s sovereignty in the long term.
  2. bremmer35_getty images_ai governance Getty Images

    AI Is a Rare Bright Spot for Global Governance

    Ian Bremmer & Marietje Schaake

    A new Global Digital Compact rests on the insight that while AI can be a game-changing technology, managing its far-reaching potential requires a new global infrastructure and robust mechanisms to manage the risks. At a time when multilateralism is faltering, global cooperation remains possible.

    herald a new global compact that aims to manage the technology’s risks and unlock its potential.
  3. Renminbi bank notes Si Wei/Xinhua via ZUMA Wire

    What US Interest-Rate Cuts Mean for China

    Andrew Sheng & Xiao Geng point out that the Federal Reserve’s monetary easing gives Chinese policymakers room to fight deflation.
  4. dahn1_Mark WilsonGetty Images_USfederalreserve Mark Wilson/Getty Images

    Enjoy the Soft Landing

    J. Bradford DeLong marvels at the continued strength of the US economy following rapid monetary-policy tightening.
  5. gros190_ANDER GILLENEAAFP via Getty Images_solar panels ANDER GILLENEA/AFP via Getty Images

    Policymakers’ Green-Tech Fantasy

    Daniel Gros refutes the widespread belief that renewables-related industries could form the foundation of a major economy.
  6. stiglitz331_serggnGetty Images_techregulation serggn/Getty Images

    Marietje Schaake on our tech overlords, antitrust, data protection, and more

    Marietje Schaake warns that Big Tech’s outsize influence threatens democracy, suggests what Western leaders can learn from Chinese technology governance, urges governments to use public procurement to influence the trajectory of digital technology, and more.
  7. fischer211_MAHMUD HAMSAFP via Getty Images_israel MAHMUD HAMS/AFP via Getty Images

    Capitalizing on the Weakening of Hamas and Hezbollah

    Dennis Ross

    The massive losses suffered by Hezbollah and Hamas – and the weakening of Iran’s so-called “axis of resistance” – needs to be seen in strategic terms. Put simply, it creates an opening to transform for the better not just Gaza and Lebanon but also much of the region.

    thinks Israel’s decimation of Iran’s proxies in Gaza and Lebanon must be viewed in strategic terms.
  8. buruma218_ JACK GUEZAFP via Getty Images_crisis israel JACK GUEZ/AFP via Getty Images

    Warrior Nations of the Middle East

    Ian Buruma shows how shame and humiliation have shaped national identities that countenance further killing.
  9. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images

    What Would Victory in Ukraine Look Like?

    Joseph S. Nye, Jr. considers what kind of peace settlement Ukraine might be able to accept in the near term.

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