Op-eds

2024

"Mass Flourishing and Economic Dynamism," Finance and Development Magazine, September, 2024. 



2022

"Right Values and Wrong Ones for an Economy of Dynamism," Horizonte Cubano, May 18, 2022. (Spanish translation.)


 

2021

"Recovering Prosperity," with Mohammad Salhut, Project Syndicate, September 28, 2021.

 


2020

"The Economic Case for Biden," Project Syndicate, September 21, 2020.


"Poverty as Injustice," Project Syndicate, August 28, 2020.


"The Robot Question," Project Syndicate, August 6, 2020.


 "What's the Matter with South America," with Juan Vicente Sola, Project Syndicate, July 17, 2020.


 "Beating the Coronavirus is the Best Stimulus," with Roman Frydman, Wall Street Journal, April 7, 2020.


"Insuring the Survival of Post Pandemic Economics," with Roman Frydman, Project Syndicate, March 23, 2020.

 


2019

"Dynamism, Innovation, and Germany’s Future," Project Syndicate, November 22, 2019.


"How Flourishing Arose With Modern Values," Thrive Global, May 1, 2019.


"The Three Revolutions Economics Needs," Project Syndicate, January 23, 2019. Chinese translation, Sina Finance, March 13, 2019.


"Innovators shine light on the path," China Daily, January 8, 2019.

 


2018

"The Fantasy of Fiscal Stimulus," Wall Street Journal, October 30, 2018.


"The Need for a Global Patent Market," with Eskil Ullberg, Project Syndicate August 6, 2018.


"Innovation in the times of quality growth," ChinaDailyUSA, March 23, 2018.


"Will China Out-Innovate the West?," Project Syndicate, March 5, 2018.


"Economic Policymaking in the Age of Trump," Project Syndicate, January 26, 2018.

 


2017

"Saving the Environment and the Economy," Project Syndicate, December 21, 2017.


"Why it’s impossible to predict the effect of the tax bill on investment and growth," with Roman Frydman, MarketWatch, December 20, 2017.


"Nothing Natural About the Natural Rate of Unemployment," Project Syndicate, November 2, 2017.


"This Thing Called the American Dream," Project Syndicate, August 28, 2017. French translation, Le Monde, September 13, 2017.


"Give Us Grassroots Innovation," Axios Expert Voices, July 17, 2017.


"Trump, Corporatism, and the Dearth of Innovation," Project Syndicate, January 17, 2017. Spanish translation, El Tiempo, March 19, 2017.

 


2016

"Hard Truths About Easy Money," The Wall Street Journal, September 8, 2016.


A Good Economy for China,” Project Syndicate, June 17, 2016. Russian translation, Economics and Mathematical Methods, April 19, 2017.


"Supply Side, Demand Side, or Innovation Side?," Project Syndicate, May 19, 2016.


“Two Kinds of Economic Life,” Tencent, June 7, 2016.

 


2015

"The Foundations of Greece's Failed Economy," Project Syndicate, September 4, 2015.


"What Greece Needs to Prosper," Project Syndicate, August 6, 2015.


"What Is Wrong with the West's Economies?," The New York Review of Books, July 23, 2015.


"Why Debt Relief Won't Solve Greece's Problems," Huff Post, July 13, 2015.


"Europe, Remake Thyself!," Politico Europe, April 30, 2015.


"Europe, America and China Have the Same Economic Problem," Boao Review, March 23, 2015.


"Europe is a continent that has run out of ideas," Financial Times, March 3, 2015.

 


2014

"Teaching Economic Dynamism," Project Syndicate, September 2, 2014.


“L'Histoire de l’Occident: Métamorphose ou déclin?,”La Vie-Le Monde, June 25, 2014.


Free Innovators from the State’s Deadening Hand,” Financial Times, January 31, 2014.

 


2013

"Meno Innovazione, piu disuguaglianza," Il Sole, July 24, 2013.


"Central Banking Needs Rethinking," with Amar Bhide, Wall Street Journal, July 17, 2013


"Less Innovation, More Inequality," New York Times Opinionator, February 25, 2013.


 


2012

"Germany is right to ask for austerity," Financial Times, July 20, 2012.


"Blaming Capitalism for Corporatism," with Saifedean Ammous, Project Syndicate, January 31, 2012.


"How we can avoid another Mediterranean Crisis," Financial Times, January 11, 2012

 


2011

"Corporatist economies in North Africa and the West,” Deutchland Financial Times, August 24, 2011.


"More Harm than Good: How the IMF's business model sabotages properly functioning capitalism," with Amar Bhidé, Newsweek, July 11, 2011.


"The Corporatist Threat to the Arab Spring," Le Monde, May 25, 2011; Project Syndicate, May 31, 2011.


"Tunisians set off on the road from serfdom," with Saifedean Ammous, Financial Times, January 25, 2011.


"Who Killed the Economy," Newsweek, January 23, 2011.

 


2010

"The Economy Needs a Bit of Ingenuity," The New York Times, August 7, 2010.


Economic Justice and the Spirit of Innovation,” First Things 196 (October 2009): 27-31. Trans. Chinese 21CN Business Herald, 2010.


"Der Staat kann den Wohlstand gezielt fordern," Handelsblatt, March 10, 2010.


"Don't Look to Europe, The U.S. Needs Rehab Capitalism," CNBC, January 26, 2010.

 


2009

"The Road to Prosperity and Sound Markets," Project Syndicate, December 8, 2009.


"A fruitless clash of economic opposites," Financial Times, November 2, 2009.


“Getting Serious about Job Creation: Part 1,” with Aaron Edlin, The Economists’ Voice, Berkeley Electronic Press, April 27, 2009.


"Uncertainty bedevils the best system," Financial Times, April 15, 2009.


"Rewarding Work, Hopes for the Obama Presidency," The Wall Street Journal, January 21, 2009.

 


2008

"Does Capitalism Have a Future?," Project Syndicate, December 1, 2008.


"The Right Way to Rebuild Georgia," with Garciana del Castillo, Real Clear World, November 12, 2008.


“Die Finanzarchitektur der Zukunft,” Der Spiegel, November 10, 2008.


Beware the Smothering of Economic Dynamism,” Forbes, November 10, 2008.


"Keynes had no sure cure for slumps," Financial Times, November 4, 2008.


"Dear Mr. President" By Katie Paul Comment, Newsweek October 21, 2008.



"We must not rely only on the rosiest ratings," with Roman Frydman and Michael Goldberg, Financial Times, October 19, 2008.


"We Need to Recapitalize the Banks," The Wall Street Journal, October 1, 2008.


"In search of a more dynamic economy," Financial Times, June 21, 2008.


"Our Uncertain Economy," The Wall Street Journal, March 14, 2008.


A Strategy to Help Afghanistan Kick its Habit,” with Graciana del Castillo, Financial Times, January 4, 2008.

 


2006

Le monde occidental et les deux capitalisms,” Le Figaro, June 23, 2006.


Global Change Needs Flexibility, Not a Fixed Rule,” Financial Times, May 24, 2006.


Subsidies that Save,Project Syndicate, April 2006. 

 


2005

Remedies for New Orleans,” The Wall Street Journal, October 10, 2005.


Classical Theory vs. the Real World,” with Amar Bhidé, The Wall Street Journal, July 25, 2005.


Evidence-based Economics,” Project Syndicate, January, 2005.

 


2004

The Way We Live Now,” The Wall Street Journal, December 28, 2004.


Crash. Bang. Wallop.,” The Wall Street Journal, January 5, 2004.

 


2003

False Hopes for the Economy—and False Fears,” The Wall Street Journal, June 3, 2003.


The Dynamism of Nations,” Project Syndicate, December 2003-January 2004. 

 


2002

European myths, European realities,” Project Syndicate, December 2002-January 2003. 


"Portents of a darkening outlook: falling equities and a weakening dollar herald economic slowdown," Financial Times, July 31, 2002.


Capitalism, Top to Bottom,” The Wall Street Journal, February 1, 2002.


“Lack of Entrepreneurship in Argentina,” Financial Times, January 11, 2002.

 


2001

“Tanti privati ma poco capitalismo,” Il Sole/24 Ore, Rome, June 28, 2001.


Structural Booms,Project Syndicate, April 2001. Trans. “Les cycles économiques ne sont pas morts,” Les Echos, May 29, 2001; “I paesi che puntellano le economie non beneficiano dei momenti di boom,” La Repubblica, April 9, 2001.


The Economic Case Against Bush's Tax Cut,” Project Syndicate, February 19 2001. Trans. “Die geplanten US-Steuersenkungen sind fragwürdig,Die Welt, March 3, 2001.


“The Unproven Case for Tax Cuts,” Financial Times, February 2, 2001.


 

2000 

Subsidize Wages: a Commentary on the ‘Universal Basic Income’,Boston Review, no. 25, October-November 2000.


‘Der Filz dämpft den Aufschwung,’ CASH 34, August 25, 2000.


“IMF Seems to Have Lost Sight of Rationale for Capitalism,” Financial Times, August 25, 2000.


“Europe’s Stony Grounds for the Seeds of Growth,” Financial Times, August 9, 2000.


Nairu is still a valid model,” Australian Financial Review, July 26, 2000.


Low Inflation, Low Unemployment: What Gives?The Wall Street Journal, April 7, 2000.

 


1999

‘Le génie du capitalisme,’ in the series ‘Idées d’Ete,’ Le Soir 1, July 16, 1999.


A Crisis of Corporatism -- Not Capitalism,” The Wall Street Journal, March 25, 1999.

 


1998

 “Direct Low-wage Tax Credits to Employers,” Financial Times, February 23, 1998.

 


1997

“Quids in if You Work,” Financial Times, October 31, 1997.


Refitting the West’s Winning Economic Model,” Project Syndicate, March 1997. 

 


1996

Scapegoating the Natural Rate,” The Wall Street Journal, August 6, 1996.


“Subsidize Employment,” Policy Options/Options Politique 17 (July/August, 1996): 5-9.

 


1994

“Le Chomage Structurel: Causes et Remèdes,” Le Figaro, May 27,1994.

 


1988

“Pour Soient Pris des Risques Calcules,” with J.-P. Fitoussi, Le Monde, October 11, 1988.


Le Marasme,” with Jean-Paul Fitoussi, Le Monde, May 10, 1988.


“Been Down So Long Seems Like Up to Me,” with Jean-Paul Fitoussi, Financial Times, April 13, 1988.

 


1975

Creating the Money for Tax Rebates,” New York Times, January 26, 1975.  

 


1971

The Economy: What's Wrong?,” New York Times, April 29, 1971.

 


1969

Federal Poverty Fund,” New York Times, June 15, 1969.