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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. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images
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    The “Billions to Trillions” Charade

    Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.
  2. aljasser1_SEYLLOUAFP via Getty Images_dakarairport Seyllou/AFP via Getty Images
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    Leveraging Islamic Finance for Sustainable and Resilient Infrastructure

    Muhammad Al Jasser shows how a hybrid financing model could help fund desperately needed projects in the developing world.
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    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.
  4. alemanno1_MARCEL VAN HOORNANPAFP via Getty Images_debate MARCEL VAN HOORN/ANP/AFP via Getty Images
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    Europe’s Non-European Elections

    Alberto Alemanno highlights structural flaws that impede the European Union’s ability to address its current and future challenges.
  5. almubarak1_In Pictures Ltd.Corbis via Getty Images_africawomancooking In Pictures Ltd./Corbis via Getty Images
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    A Turning Point for Clean Cooking

    Razan Khalifa Al Mubarak & Joseph Nganga

    The models are in place to achieve clean cooking for all, which would have enormous benefits for the climate, health, and gender equality. Now rich-country governments, the private sector, and international organizations must agree to provide the necessary funding at this week’s IEA Summit on Clean Cooking in Africa.

     urge global leaders to provide the financing to end a practice with dire effects for health and the climate.
  6. qxu2_VCGVCG via Getty Images_chinashipping VCG via Getty Images
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    Why the US Can’t Win the Trade War With China – and Shouldn’t Try

    Qiyuan Xu argues that high capital outflows – largely a result of US policy – have resulted in an undervalued renminbi.
  7. eichengreen190_Tomohiro OhsumiGetty Images_japanexchange Tomohiro Ohsumi/Getty Images
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    The Dilemmas of the Dollar

    Barry Eichengreen

    The dollar's strength, particularly against major Asian currencies, has triggered a wave of skittishness in financial markets. Can anything be done to stem the greenback's rise, and even if something can be done, should it?

     asks whether anything can or should be done about the greenback's strength, especially against Asian currencies.
  8. matola2_Per-Anders PetterssonGetty Images_malawi cooking Per-Anders Pettersson/Getty Images
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    Clean Cooking Advances Women’s Empowerment

    Rachel Ruto outlines a gender-based strategy for improving energy access and reducing air pollution in Africa.
  9. kirtondarling1_Andreas RentzGetty Images_european green new deal Andreas Rentz/Getty Images
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    There Can Be No Business as Usual for European Industry

    Judith Kirton-Darling urges EU leaders to make a renewed Green Deal, backed by competitiveness-bolstering initiatives, a top priority.

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