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Michael R. Strain

Michael R. Strain

Writing for PS since 2022
26 commentaries

Michael R. Strain, Director of Economic Policy Studies at the American Enterprise Institute, is the author, most recently, of The American Dream Is Not Dead: (But Populism Could Kill It) (Templeton Press, 2020).

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  1. America’s Frustrating Search for a Soft Economic Landing
    delong257_ Win McNameeGetty Images_fed Win McNamee/Getty Images

    America’s Frustrating Search for a Soft Economic Landing

    Apr 30, 2024 Michael R. Strain warns that beating inflation in the United States will likely require an increase in the unemployment rate.

  2. What Soft Landing?
    strain24_KevinDietsch via Getty Images_FED Kevin Dietsch via Getty Images

    What Soft Landing?

    Mar 11, 2024 Michael R. Strain warns that the US economy could still crash, given negative consumer sentiment and a hot labor market.

  3. Yes, Russian Reserves Should Be Seized
    strain23_Dmytro Smolienko  UkrinformFuture Publishing via Getty Images_ukraine damage Dmytro Smolienko / Ukrinform/Future Publishing via Getty Images

    Yes, Russian Reserves Should Be Seized

    Feb 19, 2024 Michael R. Strain explains why the Kremlin’s frozen assets should be used for Ukraine’s reconstruction.

  4. Nikki Haley Should Stay in the GOP Race
    strain22_Joe RaedleGetty Images_nikki haley Joe Raedle/Getty Images

    Nikki Haley Should Stay in the GOP Race

    Feb 12, 2024 Michael R. Strain explains why the candidate would be infinitely better than Donald Trump for US democracy and global stability.

  5. In Defense of Billionaires
    strain21_Mark RALSTON  AFP) (Photo by MARK RALSTONAFP via Getty Images_billionairs Photo by MARK RALSTON/AFP via Getty Images

    In Defense of Billionaires

    Jan 9, 2024 Michael R. Strain argues that wildly successful people create trillions of dollars of value for society.

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  1. Project Syndicate

    Trump’s Plans for the Fed Would Revive 1970s-Style Inflation

    Maurice Obstfeld

    Former US President Donald Trump, whose preference for lower interest rates and a weaker dollar was evident during his first term, is reportedly planning to override the Federal Reserve’s independence if he returns to the White House in 2025. The result would be a toxic inflationary cocktail.

    thinks the presumptive GOP nominee’s policies reflect an outdated understanding of the economy.
  2. adebajo5_Getty Images_southafricaelection Sean Gallup/Getty Images

    Mandela’s Heirs Face Their Biggest Election Test

    Adekeye Adebajo explains why the African National Congress could lose its 30-year monopoly on power.
  3. dalmia1_DIBYANGSHU SARKARAFP via Getty Images_bjp DIBYANGSHU SARKAR/AFP via Getty Images

    What Explains the BJP’s Rise?

    Gaurav Dalmia

    Why are there such high expectations for the ruling Bharatiya Janata Party in India’s ongoing parliamentary election? Simply put, the party is far better organized than its rivals, and its leader, Narendra Modi, is undeniably the most charismatic Indian prime minister in recent memory.

    ennumerates the reasons why the ruling party has come to dominate the country’s electoral landscape.
  4. zhang66_STRAFP via Getty Images_chinaelectricvehicles STR/AFP via Getty Images

    Why China Provides Evidence for Optimists and Pessimists Alike

    Zhang Jun explains why rigorous, evidence-based assessments of the economy's performance can diverge sharply.
  5. marin27_Sean GallupGetty Images_afd Sean Gallup/Getty Images

    The Zero-Sum Logic Fueling the Rise of Germany’s Far Right

    Dalia Marin thinks that promoting economic growth remains the most effective antidote to nativist sentiments.
  6. velasco147_Tomas CuestaGetty Images_argentinapesos Tomas Cuesta/Getty Images

    Argentina’s Inflation Paradoxes

    Andrés Velasco asks whether President Javier Milei's administration can sustain its initial economic-policy successes.
  7. buruma213_Stephanie KeithGetty Images_palestine college Stephanie Keith/Getty Images)

    The Privileged Gaza Protesters

    Ian Buruma argues that fear of losing rank could be driving students to demonstrate their intersectional bona fides.
  8. krueger54_ Anna MoneymakerGetty Images_CHIPS Anna Moneymaker/Getty Images

    What Mission-Driven Government Means

    Mariana Mazzucato & Rainer Kattel correct common misconceptions about a particular form of state participation in the economy.
  9. haldar33_Sean GallupGetty Images for Burda Media_kahneman Sean Gallup/Getty Images for Burda Media

    The Psychologist Who Convinced Economists that to Err Is Human

    Antara Haldar reflects on the pioneering work and legacy of one of the world’s most influential social scientists.

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