2021 News Archive

Democrats can tweak their child allowance to help families more. Jason Furman, Wall Street Journal. December 16, 2021

The Fed’s words still don’t measure up to the challenge of inflation. Lawrence H. Summers, Washington Post. December 16, 2021

Rethinking Multilateralism for a Pandemic Era. Ngozi Okonjo-Iweala, Tharman Shanmagaratnam and Lawrence H. Summers, IMF Finance & Development. December 2021

Inflation: "Transitory" Phenomenon or Long Term Threat? Paul Sheard, The Foreign Correspondents' Club of Japan. December 10, 2021

Bob Dole: Serving his country from the heartland. Roger Porter, Deseret News. December 9, 2021

Temporary Subsidized Loans, Better Bankruptcy Protection, Robust Social Medical Safety Net A Must To Revive An Economy. Aparna Mathur, IndiaStat. December 6, 2021

US met forecasts for job growth in 2021 amid unexpected high labor demand and low labor supply. Jason Furman and Wilson Powell, III, Peterson Institute for International Economics. December 3, 2021

Why our debates about what things cost are so flawed, and how to fix them. Linda Bilmes, HKS PolicyCast. December 2, 2021

Central banks do not have the luxury of time in tackling inflation. Megan Greene, Financial Times. December 2, 2021

A Better Way Forward for CBDCs, Stablecoins? Timothy Massad, IntraFi Network's Banking with Interest. November 29, 2021

Facing down a surprising U.S. inflation surge. Linda Bilmes, Karen Dynan, Jeffrey Frankel, Jason Furman, Lawrence H. Summers. November 29, 2021

Not that Seventies Inflation. Jeffrey Frankel, Project Syndicate. November 29, 2021

Five years is too long for digital euro debate. Paul Tucker, OMFIF. November 24, 2021

The Fed appointments process should be overhauled. Paul Tucker, Financial Times. November 23, 2021

What should Biden do about inflation? Mostly sit tight. Jeffrey Frankel, The Harvard Gazette. November 18, 2021

IRS reform will generate a lot more revenue than the CBO thinks. Lawrence H. Summers, The Washington Post. November 18, 2021

Separating signal from noise at COP26. Robert Stavins, The Harvard Gazette. November 18, 2021

Demystifying Crypto: Digital Assets and the Role of Government. Timothy Massad, testimony to the U. S. Congress Joint Economic Committee. November 17, 2021

Afghan Ex-Official's Last Days in Country. Ajmal Ahmady, Bloomberg. November 17, 2021. 

Debunking the onshoring narrative. Megan Greene, Marketplace. November 16, 2021

Key miscalculations that impacted inflation, and how Biden's spending bill could affect it. Lawrence H. Summers, PBS NewsHour. November 16, 2021

Fixing New Jersey's busted budget - Four steps to putting the Garden State's fiscal house in order. Tom Healey and Thad D. Calabrese. November 16, 2021

Don't believe the deglobalisation narrative. Megan Greene, Financial Times. November 15, 2021

Biden Can Whip Inflation and Build Back Better. Jason Furman, Wall Street Journal. November 15, 2021

Ajmal Ahmady on the Afghan Economy and the Challenges Facing the Nation’s Future. Ajmal Ahmady, Mercatus Policy Digest. November 15, 2021

On inflation, it’s past time for team ‘transitory’ to stand down. Lawrence H. Summers, The Washington Post. November 14, 2021

What happened in Glasgow at COP26? Robert Stavins, blog post. November 14, 2021

Harvard climate scholars call for more comprehensive research into solar geoengineering. Harvard Kennedy School.  November 11, 2021

The Fed will act on inflation when it needs to. Paul Sheard. Official Monetary and Financial Institutions Forum.  Fall 2021

A Brief History of Default: The Role of Restructuring in the Debt Ecosystem. Edwin M. Truman. The International Economy.  Fall 2021

The Prophet. Lawrence H. Summers. The International Economy.  Fall 2021

Inflation, Money Supply and Spiraling Expectations. Paul Sheard. Wall Street Journal. November 3, 2021

Leaders must be more upfront about the costs of saving the planet. Megan Greene. Financial Times. November 1, 2021

A Triumph for Detroit over Davos. Lawrence H. Summers. The Washington Post. October 31, 2021

Worker bargaining power has been no match for high inflation. Jason Furman and Wilson Powell III. Peterson Institute for International Economics. October 29, 2021

High Oil Prices Can Help the Environment. Jeffrey Frankel. Project Syndicate. October 26, 2021

Greece’s ambivalent romance with China. Philippe Le Corre. Euractiv. October 21, 2021

Colin Powell: A great leader’s American journey. Roger Porter. Deseret News. October 19, 2021

Engineering is the Key to the Debate Over Whether to Create a CBDC. Timothy Massad. October 17, 2021

Was US-China engagement premised on Chinese political liberalization? William Overholt. The Hill. October 14, 2021

In Conversation with Afghanistan's Former Central Bank Governor. Ajmal Ahmady. Bloomberg New Economy. November 14, 2021

Why Afghanistan Fell. Ajmal Ahmady. Foreign Affairs. October 11, 2021

Running a central bank with the Taliban at the door. Ajmal Ahmady. Schroders: The Value Perspective. October 10, 2021

The banking industry is throwing stones at a key Biden nominee. But it lives in a glass house. Lawrence H. Summers. The Washington Post. October 8, 2021

September job growth was worse than expected but better than it looked. Jason Furman and Wilson Powell III. Peterson Institute for International Economics. October 7, 2021

The Problem with War: You Break It You Buy It. Linda Bilmes. The Problem with Jon Stewart. October 7, 2021

France's Indo-Pacific "Third Way." Philippe Le Corre. Carnegie Europe. October 7, 2021

Addressing the Leakage and Competitiveness Risks of Climate Policy. Joseph Aldy. Resources for the Future. October 5, 2021

N.J.’s problem is that it still spends too much money, new study finds. Thomas Healey. October 5, 2021

A Solution to the Competitiveness Risks of Climate Policy: Countervailing Duty Law. Joseph Aldy. Resources Magazine. October 5, 2021

What's the least bad way to cool the planet? David Keith. New York Times. October 1, 2021

Afghanistan's economy is in trouble after the Taliban took control. Ajmal Ahmady. WBUR. October 1, 2021

Five steps Boston can take to increase diversity in business. Linda Bilmes. Boston Globe. September 30, 2021

Productivity growth is almost everything in the post-Covid recovery. Megan Greene. Financial Times. September 29, 2021

El Salvador's adoption of bitcoin as legal tender is pure folly. Jeffrey Frankel. The Guardian. September 24, 2021

Something 'extraordinary' would have to hit U.S. economy to stop Fed tapering. Paul Sheard. CNBC. September 23, 2021

A Realist Tribute to an Extraordinary Idealist. Stephen Walt. Foreign Policy. September 21, 2021

We don't have to fly blind into the next pandemic. Ngozi Okonjo-Iweala, Tharman Shanmugaratnam and Lawrence H. Summers. The Washington Post. September 17, 2021

M-RCBG remembers John G. Ruggie (1944-2021). September 16, 2021

Afghanistan's Money Problem. Ajmal Ahmady, NPR.  September 15, 2021

Leemore Dafny on Hospital Prices, Markets, and Antitrust Regulations. Leemore Dafny, Brookings.  September 14, 2021

China’s new regulation of platforms: a message for American policymakers. Tom Wheeler, Brookings.  September 14, 2021

Political Economy of Fiscal Policy. Paul Sheard, Panel Discussion at the 2nd European Modern Monetary Theory Conference 2021. September 14, 2021

Former Central Bank Governor Ajmal Ahmady Discusses Afghanistan's Perilous Future. Ajmal Ahmady, GZERO. September 12, 2021

Where did the $5tn spent on Afghanistan and Iraq go? Here’s where. Linda Bilmes, The Guardian. September 11, 2021

A special event with Afghanistan’s former Central Bank Governor, Ajmal Ahmady. Ajmal Ahmady, Atlantic Council. September 10, 2021

The Taliban Can’t Print Cash and Other Afghan Business Challenges. Ajmal Ahmady, Bloomberg. September 7, 2021

When will the sun set on fossil fuel subsidies? Joseph Aldy, Resources. September 7, 2021

How Afghanistan fell and why Pakistan may shape their neighbours future. Ajmal Ahmady, Global Player. September 5, 2021

Delta slows US labor market recovery in August but effect is much smaller than first wave. Jason Furman and Wilson Powell, III, Peterson Institute for International Economics. September 3, 2021

Three ways to fix European banking union. Ignazio Angeloni, Official Monetary and Financial Institutions Forum. September 3, 2021

Highlights of an FT subscriber webinar on Afghanistan. Ajmal Ahmady, Financial Times. September, 2021

A realistic response to the climate change wake-up call. Joseph Aldy and Richard Zeckhauser, The Hill.  August 30, 2021

Central banks need to go slow on digital currencies. Megan Greene, Financial Times.  August 26, 2021

It's time for the Fed to rethink quantitative easing. Lawrence H. Summers, The Washington Post.  August 25, 2021

Afghanistan faces an economic crisis, as well as a humanitarian one. Ajmal Ahmady, Financial Times.  August 24, 2021

Harvard professor on the 'credit card wars' and the mounting costs of care for post-9/11 veterans. Linda Bilmes, Yahoo! Finance.  August 24, 2021

The G20's COVID Agenda. Jeffrey Frankel, Project Syndicate.  August 23, 2021

G20 must prioritise global Covid action at October meeting. Jeffrey Frankel, The Guardian.  August 23, 2021

Afghan Central Bank Chief Warns of Economic Crisis. Ajmal Ahmady, Bloomberg Markets and Finance.  August 23, 2021

The Taliban Can’t Print Cash and Other Afghan Business Challenges. Ajmal Ahmady, Bloomberg.  August 20, 2021

The governor of the central bank worries for Afghanistan's economic future after escaping. Ajmal Ahmady, Sky News.  August 20, 2021

Former Afghan Central Bank Head describes harrowing escape. Ajmal Ahmady, CNN. August 20, 2021

Afghan central bank governor describes chaotic exit from Kabul. Ajmal Ahmady, CGTN.  August 18, 2021

Can the Taliban succeed where president Ghani failed? Ajmal Ahmady, TRT World.  August 18, 2021

Afghanistan's Money Problem. Ajmal Ahmady, NPR Planet Money.  August 8, 2021

Get away from the idea that Korea is a developing country. It is not yet time for preemptive tightening. Paul Sheard, South Korean EDaily.  August 17, 2021

Boosting brain health is key to a thriving economy. Megan Greene, Financial Times. August 12, 2021

Strong growth in US jobs, but labor market remains well short of normal. Jason Furman and Wilson Powell, III, Peterson Institute for International Economics. August 6, 2021

US Economy After COVID-19. Paul Sheard, Seoul Economic Daily. August 3, 2021

Letter to the Editor. William Overholt, The Wire China. August 4, 2021

Innovative Health Care Delivery: The Scientific and Regulatory Challenges in Designing mHealth Interventions. Soroush Saghafian and Susan A. Murphy, National Academy of Medicine. August 2, 2021

HKS Professor Jason Furman addresses Congress on Economic Disparity. Jason Furman. August 2, 2021

US workers are getting large raises, but not enough to keep up with higher inflation. Jason Furman and Wilson Powell, III. Peterson Institute for International Economics. July 30, 2021

Economic disparities and the economic challenges facing American families. Jason Furman. Testimony to the  Select Committee on Economic Disparity and Fairness in Growth. July 29, 2021

EU - China: What Went Wrong? Philippe Le Corre. US China Series Podcast. July 28, 2021

Linda Bilmes appointed by the UN Secretary General to a four-year term on the United Nations Committee of Experts on Public Administration. Linda Bilmes. July 22, 2021

The Great Inflation Debate: Back to Basics. Paul Sheard. Bloomberg Quint, July 21, 2021

The ECB’s new monetary policy strategy: Unresolved issues rather than clarification. Ignazio Angeloni. VOX EU CEPR, July 16, 2021

ECB Strategy Review: A Tweak, A Leap, And A Missed Opportunity. Paul Sheard. Bloomberg Quint, July 13, 2021

Recovery fund will test the appetite of Europe's governments for reform. Megan Greene. Financial Times, July 12, 2021

Bloomberg: Balance of Power. Jason Furman. Bloomberg, July 9, 2021

Stopping the next pandemic. Lawrence H. Summers. July 9, 2021

Biden cannot counter China with a team that lacks expertise. William Overholt. The Hill. July 7, 2021

A Bitcoin ETF Would Be Good For Investors and Regulators. Timothy Massad. Bloomberg. July 7, 2021

AICGS Asks: What is Angela Merkel’s legacy on engagement with China. Philippe Le Corre. AICGS. July 2, 2021

Larry Summers on China. Lawrence H. Summers. China Talk. July 1, 2021

Soroush Saghafian Awarded INFORMS Prize. Soroush Saghafian. July 1, 2021

Japan's Economy: The Recovery Trajectory. Paul Sheard. The Foreign Correspondents' Club of Japan. July 1, 2021

European Central Bank must increase co-operation to solve long term challenges. Ignazio Angeloni. OMFIF. June 29, 2021

The court's Facebook decision shows why we need a digital regulatory agency. Tom Wheeler. Brookings. June 29, 2021

European Central Bank must increase co-operation to solve long term challenges. Ignazio Angeloni. OMFIF. June 29, 2021

Where the dead lie thicker. Amitabh Chandra. Harvard Kennedy School. June 28, 2021

America's False Imbalance Syndrome. Jeffrey Frankel. Project Syndicate. June 28, 2021

US workers are quitting jobs at historic rates, and many unemployed are not coming back despite record job openings. Jason Furman and Wilson Powell III. Peterson Institute for International Economics. June 28, 2021

Why Washington Can’t Quit Listening to Larry Summers. Profile in The New York Times. June 25, 2021

People and Planet: Resurfacing a Holistic, Interconnected take on Sustainable Development, featuring Jane Nelson. This is Episode 2 of  Building Bridges for Impact: A podcast series on the role that business should play in building a sustainable and equitable future, based on respect for people’s dignity and fundamental rights, hosted by Caroline Rees. Shift. June 2021

Inflation ahead? Even a top economist says, it's complicated. Jason Furman. Associated Press. June 21, 2021

The G7 is right to worry about China credit terms. Megan Greene. Financial Times. June 17, 2021

Former Treasury Secretary Larry Summers on Inflation Worries, Cryptocurrency and 'Our Greatest Long-Term Threat'. Lawrence H. Summers. Time. June 6, 2021

Mossavar-Rahmani Center Announces Undergraduate Thesis Prize Winners. Harvard Gazette. June 4, 2021

US labor market heated up in May as jobs grew and wages soared. Jason Furman and Wilson Powell, III. Peterson Institute for International Economics. June 4, 2021

Understanding how central banks use their balance sheets: A critical categorisation. Paul Tucker. Vox EU. June 1, 2021

Can a Cryptocurrency Break the Buck? Timothy Massad. Bloomberg. May 31, 2021

Statistics and the Pandemic. Jeffrey Frankel. Project Syndicate. May 26, 2021

Tackling the negotiations to tax the world. Ioana Petrescu. The Hill. May 26, 2021

The inflation risk is real. Lawrence H. Summers. Washington Post. May 24, 2021

A Biden-friendly economist is creating a big headache for president's spending plans. Jason Furman. Politico. May 22, 2021

A Biden administration commission kicks off a listening campaign to determine the future of tech platforms. Harvard Kennedy School. May 20, 2021

How much have childcare challenges slowed the US jobs market recovery? Jason Furman and Wilson Powell, III. Peterson Institute for International Economics. May 17, 2021

Ten Years After: From the UN Guiding Principles to Multi-Fiduciary Obligations. John Ruggie, Caroline Rees and Rachel Davis. Harvard Law School Forum on Corporate Governance. May 13, 2021

Three realities for the West to understand about China. Paul Sheard. South China Morning Post. May 12, 2021

Putting a dollar value on nature will give governments and businesses more reasons to protect it. Linda Bilmes. The Conversation. May 11, 2021

Joe Biden's experiment could revolutionise economic thinking. Megan Greene. Financial Times. May 6, 2021

World Hygiene Day: The Novel Outbreak. Myriam Sidibe. The China Current. May 5, 2021

A new HKS faculty study reimagines reparations using existing—and widely used—federal compensation mechanisms. Linda Bilmes and Cornell William Brooks. May 5, 2021

Joe Biden's Folly: Taxing the rich doesn't pay. Paul Sheard. Bloomberg Quint, May 5, 2021

Why government cuts to clean water projects are doubly short-sighted. Myriam Sidibe. Independent, May 4, 2021

The disparity between the haves and have-nots has grown during the pandemic, and will continue to grow afterwards. Paul Sheard. CNBC, May 3, 2021

“Progress for People of Color Doesn’t Come at White Folks’ Expense.” Archon Fung. Boston Review, April 28, 2021

Why We're Terrible At Weighing The Risks Of The J&J Vaccine. Richard Zeckhauser. WBUR Cognoscent, April 28, 2021

What Three Economists Taught Us About Currency Regimes. Jeffrey Frankel. Project Syndicate, April 21, 2021

Is 'Bidenomics' a watershed moment in global economics? Megan Greene. Chatham House, April 20, 2021

Modernizing Regulatory Review for Energy, Environmental Policy. Joseph Aldy. Environmental Forum, March-April 2021

Hale Report Podcast with Paul Sheard. Paul Sheard. Econovue, April 16, 2021

Two Case Studies for Chinese Involvement in Southern Europe. Philippe Le Corre. BU Center for the Study of Europe, April 16, 2021

Understanding QE In The New World. Paul Sheard. Brave New World, April 15, 2021

Liars, Deception and Free Speech. Cass Sunstein. Commonwealth Club of California, April 14, 2021

Straight Talk with Hank Paulson. David Keith. podcast, April 14, 2021

The Marriage Between Republicans and Big Business is on the Rocks. John Haigh. The New York Times, April 14, 2021

Why it's too soon to get your flapper glad rags out. Megan Greene. Financial Times, April 13, 2021

'I'm concerned that what's being done is substantially excessive.' Lawrence H. Summers. Business Fast, April 12, 2021

How the Fed could go green faster. Megan Greene. Project Syndicate, April 9, 2021

Coinbase's Small Fine is a Big Warning to IPO Investors. Timothy Massad. Bloomberg, April 8, 2021

Firms have to stop dodging taxes. Ioana Petrescu. The Hill, April 7, 2021

BaFin’s reform is a first step to redraw Europe’s financial landscape. Ignazio Angeloni. SAFE Blog, April 1, 2021

Don't worry about inflation. Paul Sheard. Briefings for Britain, March 25, 2021

The new SDR allocation will benefit all countries. Maurice Obstfeld and Edwin Truman. Peterson Institute for International Economics, March 25, 2021

Biden's Sensible Stimulus. Jeffrey Frankel. Project Syndicate, March 24, 2021

Europe's Tightrope Diplomacy on China. Philippe Le Corre. Carnegie Endowment for International Peace, March 24, 2021

Getting the US Economy Working Again. Paul Sheard. Horasis (YouTube), March 19, 2021

Larry Summers Versus the Stimulus. The New Yorker. March 18, 2021

Money market reform awaits Gensler at the SEC. Timothy Massad. Bloomberg, March 18, 2021

Emerging markets need support to avoid a 'lost decade.' Megan Greene. Financial Times, March 15, 2021

One year into the pandemic, here's what we can learn from the stock market. Megan Greene. NPR, March 12, 2021

US unemployment remains worse than it seems as millions still out of the labor force. Jason Furman and Wilson Powell III. Peterson Institute for International Economics, March 5, 2021

Reflecting on the Causes and Consequences of the Texas Energy Crisis. Robert Stavins, March 5, 2021

Massachusetts should pay people to quarantine. Linda Bilmes. Boston Globe, March 3, 2021

Concerns about excessive money printing are overblown. Paul Sheard. Keizai Kyoshitsu, February 28, 2021

Was "science" on the ballot? Sheila Jasanoff. Science, February 26, 2021

Biden's Trade Policy and EU's China Policy. Philippe Le Corre. South China Morning Post podcast, February 26, 2021

A New Administration Brings Major Changes to Federal Climate Policy. Robert Stavins. Resources, February 24, 2021

Understanding Texas' energy grid failure. William Hogan. February 23, 2021

BaFin reforms must go further. Ignazio Angeloni. OMFIF, February 23, 2021

Experts from Harvard and Beyond Explain The News - What Do We Do About China? Philippe Le Corre. The Dive, February 22, 2021

Central Banks Cancelling Government Debt is No Panacea. Paul Sheard. Bloomberg Quint, February 20, 2021

European Commission Initiative on Mandatory Human Rights Due Diligence and Directors' Duties. John Ruggie. blog post, February, 2021

Convey the Economics. Jason Furman. Democracy, February 9, 2021

George Shultz: A long life with a long view. Roger Porter. Deseret News, February 8, 2021

Inflation and the Biden stimulus. Jean-Pierre Landau. VOX EU/CEPR, February 8, 2021

My column on the stimulus sparked a lot of questions. Here are my answers. Lawrence H. Summers. Washington Post, February 7, 2021

Unemployment continues to fall but workers still not returning to the labor force. Jason Furman and Wilson Powell III. Peterson Institute for International Economics, February 5, 2021

The Biden stimulus is admirably ambitious. But it brings some big risks, too. Lawrence H. Summers. Washington Post, February 4, 2021

China and America: A New Game in a New Era. William Overholt. Prism: The Journal of Complex Operations, 2021

What's different about the Gamestop bubble? Jeffrey Frankel. Project Syndicate, February 3, 2021

Murphy's Law may yet apply to Joe Biden's recovery plan. Megan Greene. Financial Times, January 27, 2021

Yellen should act quickly to assist financially stricken countries. Edwin M. Truman. Peterson Institute for International Economics, January 27, 2021

The SEC Needs To Catch Up On Sustainability. Timothy Massad. Bloomberg, January 27, 2021

Taking Trump Down Has Exposed Social Media's Inherent Contradictions. Dipayan Ghosh. Foreign Policy, January 26, 2021

The GOP's Fake Budget Hawks. Jeffrey Frankel. Project Syndicate, January 25, 2021

Biden's Stimulus Should Stay the Course. Jason Furman. Wall Street Journal, January 25, 2021

Biden will see Brexit Britain for what it really is: his closest partner in defending the international order. Sajid Javid. Conservatives, January 20, 2021

Time to look again at the financial system's dangerous faultlines. Paul Tucker. Financial Times, January 20, 2021

Grading the Economy Under President Trump. Paul Sheard. Katie Couric Media, January 19, 2021

Every Business Lawyer Must Take Action to Defend Democracy and the Rule of Law. John F. Sherman, III and Gretchen Greene, January 16, 2021

The Biden Administration and International Climate Change Policy and Action. Robert Stavins. LawFare, January 14, 2021

Myths and Realities in Sino-American Relations (PDF). William Overholt. The Wire China, January 10, 2021 (Full version PDF here)

Progress on US jobs reverses in December as labor market remains in bad shape. Jason Furman and Wilson Powell III. Peterson Institute for International Economics, January 8, 2021

Blame Facebook, Twitter and YouTube for the Mob at the Capitol. Dipayan Ghosh. The Washington Post, January 7, 2021

The Quiet Financial Crisis. Carmen Reinhart. Project Syndicate, January 7, 2021

The US Needs More Foreign Artificial Intelligence Know-How. Jason Furman. Wired, January 6, 2021

Awaiting the will to ensure financial market stability. Paul Tucker. Yale Insights, January 6, 2021