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Kenneth Rogoff

Kenneth Rogoff

Writing for PS since 2002
249 commentaries
1 videos & podcasts

Kenneth Rogoff, Professor of Economics and Public Policy at Harvard University and recipient of the 2011 Deutsche Bank Prize in Financial Economics, was the chief economist of the International Monetary Fund from 2001 to 2003. He is co-author of This Time is Different: Eight Centuries of Financial Folly (Princeton University Press, 2011) and author of The Curse of Cash (Princeton University Press, 2016).

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  1. The End of Magical Debt Thinking
    rogoff248_ Jemal CountessGetty Images for the Peter G. Peterson Foundation_debt Jemal Countess/Getty Images for the Peter G. Peterson Foundation

    The End of Magical Debt Thinking

    Apr 29, 2024 Kenneth Rogoff welcomes economists’ recent reassessment of the costs and benefits of public borrowing.

  2. Can Europe’s Economy Exceed Expectations in 2024?
    rogoff247_Eduardo ParraEuropa Press via Getty Images_spanish stock Eduardo Parra/Europa Press via Getty Images

    Can Europe’s Economy Exceed Expectations in 2024?

    Apr 5, 2024 Kenneth Rogoff sees several reasons to be more optimistic than current forecasts suggest.

  3. What’s Behind the US Stock-Market Disconnect?
    rogoff246_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images

    What’s Behind the US Stock-Market Disconnect?

    Mar 4, 2024 Kenneth Rogoff warns that investors are underestimating the severity of the threat to American democracy.

  4. Don’t Count on a Soft Landing for the Global Economy
    rogoff245_ Spencer PlattGetty Images_us economy Spencer Platt/Getty Images

    Don’t Count on a Soft Landing for the Global Economy

    Feb 2, 2024 Kenneth Rogoff explains why the celebratory mood of CEOs and political leaders is premature – and probably misplaced.

  5. The Global Economy Is Not Out of the Woods
    rogoff244_Carl CourtGetty Images_global economy Carl Court/Getty Images

    The Global Economy Is Not Out of the Woods

    Jan 3, 2024 Kenneth Rogoff warns that monetary tightening and fiscal deficits could undermine the post-pandemic recovery.

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  1. spence173_ Joe RaedleGetty Images_power Joe Raedle/Getty Images

    Crunch Time for the Power Sector

    Michael Spence

    Making the power sector fit for the twenty-first century requires a “banker” that finances and coordinates relevant long-term investments, and an “architect” that guides the development of a complex, interconnected smart-grid system. National governments need to fill both roles.

    argues that developing flexible, stable, and resilient smart grids requires an expanded industrial policy.
  2. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    William H. Janeway

    A growing body of literature focusing on the domain between the microeconomic and the macroeconomic has become increasingly relevant in a world beset by supply shocks. Armed with such insights, those designing industrial policies will have a better chance of achieving their overlapping economic- and national-security goals.

    details how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  3. strain27_Philipp von Ditfurthpicture alliance via Getty Images_AIeducation Philipp von Ditfurth/picture alliance via Getty Images

    What the AI Pessimists Are Missing

    Michael R. Strain points out that the technology will help to address many of the risks it creates.
  4. ito37_Spencer PlattGetty Images_columbiaprotests Spencer Platt/Getty Images

    The Innocent Bystanders of College Protests

    Takatoshi Ito laments that a radical minority can disrupt the lives of so many in the broader university community.
  5. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images

    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.
  6. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images

    Defining Success in Ukraine

    Richard Haass calls for a shift to a defensive posture and efforts to bring about a long-term ceasefire.
  7. aslund75_Pierre CromGetty Images_ukraineconflict Pierre Crom/Getty Images

    A Unified Western Strategy for Ukraine

    Anders Åslund proposes a maximalist approach to military aid to replace the current piecemeal injections of old weapons.
  8. khrushcheva180_ContributorGetty Images_shoiguputin Contributor/Getty Images

    Russia’s Battle of the Ministries

    Nina L. Khrushcheva sees a high-ranking official's recent arrest as a sign of declining confidence in Vladimir Putin's leadership.
  9. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images

    The “Billions to Trillions” Charade

    Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.

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