Harvard University
George F. Baker Professor of Economics
National Bureau of Economic Research
President Emeritus
Curriculum vita and list of academic publications
Short Biography
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Most Recent Articles
The Federal Reserve's Policy Dead End, May 9, 2013
China’s New Path Project Syndicate, April 29, 2013
Bond Bubble Breakdown Goldman Sachs Global Economics, Commodities and Strategy Research, April 22, 2013
When Interest Rates Rise Project Syndicate, March 30, 2013
It's time to cap tax deductions, The Washington Post, March 13, 2013
Two Dollar Fallacies Project Syndicate, February 28, 2013
A Simple Route to Major Deficit Reduction, February 21, 2013
Health Insurance and Health Care Spending, Remarks at 2013 American Economic Association Meetings honoring Amy Finkelstein, January 2013
The Wrong Growth Strategy for Japan Project Syndicate, January 17, 2013
The Fed's Dangerous Direction ,January 3, 2013
The Tax Hike Canard, The Foreign Affairs, January 2013 issue
The Federal Reserve's Policy Dead End, May 9, 2013
A Simple Route to Major Deficit Reduction, February 21, 2013
The Fed's Dangerous Direction, January 3, 2013
Martin Feldstein: Romney's Tax Plan Can Raise Revenue, August 28, 2012
China's Biggest Problems Are Political, Not Economic , August 2, 2012
A Weaker Euro Could Rescue Europe , June 27, 2012
Everyone Should Pay for Cyber Defense , April 22, 2012
Europe Needs the Bond Vigilantes , April 5, 2012
The Euro Zone's Double Failure , December 15, 2011
The Tax Reform Evidence From 1986 ,October 24, 2011
A Falling Dollar Will Mean a Faster U.S. Recovery, August 1, 2011
The Economy Is Worse Than You Think , June 8, 2011
Private Accounts Can Save Social Security , May 2, 2011
Still an Economic Mistake, March 7, 2011
Want to Boost the Economy? Lower Corporate Tax Rates, February 15, 2011
The Deficit Dilemma and Obama's Budget ,November 18, 2010
The 'Tax Expenditure' Solution for Our National Debt ,July 20, 2010
Extend the Bush Tax Cuts-For Now , May 12, 2010
How Obama Should Shrink His Deficit , February 18, 2010
Missing the Target , January 20, 2010
Recent articles in the Financial Times, Foreign Affairs, Washington Post, and New York Times
It's time to cap tax deductions, The Washington Post, March 13, 2013
The Tax Hike Canard, The Foreign Affairs, January 2013 issue
The US is unlikely to avoid "fiscal cliff", The Financial Times, October 24, 2012
Fed joins ECB in a high-risk move, The Financial Times, September 27, 2012
A rapid fall in the euro can save Spain, The Financial Times, July 24, 2012
Taxpayers must backstop Spain's budget, The Financial Times, April 30, 2011
Obama's tax hikes threaten a new US recession, The Financial Times, March 19, 2011
Weaker euro will help solve Europe deficit woes, The Financial Times, December 19, 2011
The Failure of the Euro, The Foreign Affairs, January/February 2012 issue
Italy can save itself and the Euro, The Financial Times, November 30, 2011
How to Stop the Drop in Home Values, The New York Times, October 13, 2011
Forget the debt: its jobs that will define Obama's future, The Financial Times, July 25, 2011
The Latest Challenge to ECB Independence, The Financial Times, June 30, 2011
Postponing Greece's inevitable default, The Financial Times, June 22, 2011
Raise Taxes, but Not Tax Rates, The New York Times, May 4, 2011
How to cut the deficit without raising taxes, The Washington Post, November 29, 2010
QE2 is risky and should be limited, The Financial Times, November 3, 2010
A double dip is a price worth paying, The Financial Times, July 22,2010
For a Solution to the Euro Crisis, Look to the States, The Washington Post, May 18, 2010
Let Greece Take a Holiday from the Eurozone, The Financial Times, February 17, 2010
Archive of the Financial Times, Washington Post, New York Times and Foreign Affairs articles.
Project Syndicate articles
China’s New Path Project Syndicate, April 29, 2013
When Interest Rates Rise Project Syndicate, March 30, 2013
Two Dollar Fallacies Project Syndicate, February 28, 2013
The Wrong Growth Strategy for Japan Project Syndicate, January 17, 2013
India's Second Wind Project Syndicate, December 27, 2012
Avoiding a New American Recession Project Syndicate, November 30, 2012
An Optimistic Case for the Euro Project Syndicate, October 30, 2012
Fixing America's Fiscal Problem Project Syndicate, September 30, 2012
Is Inflation Returning? Project Syndicate, August 29, 2012
Dos and Don'ts for the European Central Bank Project Syndicate, July 29, 2012
The Impotence of the Federal Reserve Project Syndicate, June 27, 2012
France's Broken Dream Project Syndicate, May 26, 2012
The Economy and the Presidency Project Syndicate, April 29, 2012
Fed Policy and Inflation Risk Project Syndicate, March 31, 2012
Europe's Empty Fiscal Compact Project Syndicate, February 27, 2012
How to Create a Depression Project Syndicate, January 16, 2012
The French Don't Get It Project Syndicate, December 28, 2011
Europe is Not the United States Project Syndicate, November 29, 2011
America's Economic Stalemate Project Syndicate, October 26, 2011
Europes High Risk Gamble Project Syndicate, September 27, 2011
China's New Currency Policy Project Syndicate, August 23, 2011
Why is America's Budget Deficit So Large? Project Syndicate, July 29, 2011
What's Happening to the US Economy? Project Syndicate, June 29, 2011
After the Greek Default Project Syndicate, May 26, 2011
The G-20's Empty Gestures Project Syndicate, April 26, 2011
China's Five-Year Plan and Global Interest Rates Project Syndicate, March 29, 2011
The End of China's Surplus Project Syndicate , January 28, 2011
What's So Good about America's Tax Package? Project Syndicate , December 29, 2010
Quantitative Easing and the Renminbi Project Syndicate , November 26, 2010
Why Has America's Economic Recovery Stalled? Project Syndicate , October 25, 2010
The Future of the Dollar Project Syndicate , October 20, 2010
Japan's Savings Crisis Project Syndicate , September, 2010
America's Saving Surprise Project Syndicate , August, 2010
The Hidden Future of the US Economy Project Syndicate , July, 2010
Inflation or Deflation? Project Syndicate , June, 2010
Chronicle of a Currency Crisis Foretold Project Syndicate , May, 2010
Why Greece Will Default Project Syndicate , April, 2010
Is the Euro Overvalued? Project Syndicate , March, 2010
How Safe are Your Dollars? Project Syndicate , February, 2010
America's Growth in the Decade Ahead Project Syndicate , January, 2010
Is the Reagan-Thatcher Revolution Over? Project Syndicate , January, 2010
Other Recent Non-Technical Papers
Health Insurance and Health Care Spending, Remarks at 2013 American Economic Association Meetings honoring Amy Finkelstein, January 2013
"Dealing with our Fiscal Problems" Remarks at the SIEPR Prize Event December 4, 2012
The Budget Deficit of the United States and the Current Account Deficits of the Eurozone Latin Countries Remarks at dinner honoring Joe Ackermann, October 25, 2012
The Effect of Defense Spending on the US Economy Testimony to House Armed Services Committee, October 26, 2011
Why the Dollar Will Weaken Further The International Economy, Summer, 2011
Another Way To Curb Deficits The Weekly Standard, May 30, 2011
Capping Individual Tax Expenditure Benefits Tax Notes , May 2, 2011
America's Challenge (Kristol Lecture) - Video May 2011
America's Challenge (Kristol Lecture) May 2011.
America's Challenge -- Long Version Essay May 2011.
The Euro and Vaclav Klaus March 2011.
The Role of Currency Realignments in Eliminating the US and China Current Account Imbalances NBER Working Paper 16674, January 2011.
Preventing a National Debt Explosion
NBER Working Paper 16451, October 2010.
Will the Eurozone Fragment -- A Debate Economist.com/Debate, May/June 2010
Reuters Interview on US Economy, January, 2010
What Powers for the Federal Reserve? Journal of Economic Literature, 2010
Resolving the Global Imbalance: The Dollar and the U.S. Saving Rate, Journal of Economic Perspectives , Summer, 2008
Social Security Reform -- Non-Technical Papers
Structural Reform of Social Security, Spring 2005
(Full text as published in Journal of Economic Perspectives)
(Chinese translation)
Archive of Social Security Reform papers.
Research studies of Social Security
Boston Globe
Harvard University Courses
EC1410 ,Public Economics
EC1420, American Economic Policy
EC2450b, Public Economics (Graduate) Right click on Syllabus to save to disk, left click to view in your browser.
EC2490, The Economics of National Security Seminar
