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Michael Pettis

Michael Pettis

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Michael Pettis is Professor of Finance at Peking University and a senior associate at the Carnegie Endowment.

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  1. The Debt-Ratio Distraction
    pa3865c.jpg Paul Lachine

    The Debt-Ratio Distraction

    May 22, 2013 Michael Pettis

  2. The Saver’s Dilemma
    pa642c.jpg Paul Lachine

    The Saver’s Dilemma

    Feb 19, 2013 Michael Pettis

  1. deschutter8_melitasGetty Images_mentalhealth melitas/Getty Images
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    Inequality Is Destroying Mental Health

    Olivier De Schutter & Kate Pickett propose raising taxes on corporations and the wealthy to improve well-being in unequal countries.
  2. krueger36_Feng LiGetty Images_china trade Feng Li/Getty Images
    1

    How Europe Could Benefit from Trump’s Second Term

    Daniel Gros urges policymakers to focus on defusing trade tensions with the bloc’s largest export partner.
  3. mazzucato76_PEDRO PARDOAFP via Getty Images_rainforestindigenous Pedro Pardo/AFP via Getty Images
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    Global Freshwater Supplies in the Balance

    Mariana Mazzucato & Johan Rockström warn that governments are doing too little too slowly about the breakdown of critical natural systems.
  4. stanley5_Mindy SchauerMediaNews GroupOrange County Register via Getty Images_trump Mindy Schauer/MediaNews Group/Orange County Register via Getty Images
    Free to read
    4

    The End of US Democracy Was All Too Predictable

    Jason Stanley

    Since Plato’s Republic 2,300 years ago, philosophers have understood the process by which demagogues come to power in free and fair elections, only to overthrow democracy and establish tyrannical rule. The process is straightforward, and we have now just watched it play out.

     observes that philosophers since Plato have understood how tyrants come to power in free elections.
  5. khrushcheva187_Chip SomodevillaGetty Images_trumpmcconnell Chip Somodevilla/Getty Images
    4

    How Trump Won

    Nina L. Khrushcheva

    Despite being a criminal, a charlatan, and an aspiring dictator, Donald Trump has won not only the Electoral College, but also the popular vote – a feat he did not achieve in 2016 or 2020. A nihilistic voter base, profit-hungry business leaders, and craven Republican politicians are to blame.

     points the finger at a nihilistic voter base, profit-hungry business leaders, and craven Republican politicians.
  6. woo7_Getty Images_ us china Getty Images
    1

    Trump vs. China, Round Two

    Angela Huyue Zhang warns that if the US doubles down on aggressive policies, it risks becoming defined by what it opposes.
  7. legrain39_AntonioMasielloGettyImages_meloni_rutte Antonio Masiello/Getty Images
    2

    How Europe Should Woo Trump

    Philippe Legrain outlines a strategy for EU leaders to win over the next US president and mitigate the threat he represents.
  8. spence178_NurPhotoGettyImages_china_deflation_supermarket1 NurPhoto/Getty Images
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    China Can Beat Back Deflation

    Michael Spence predicts that, with the right policies, the economy’s growth momentum can be restored within 2-3 years.
  9. hamada67_KIM KYUNG-HOONPOOLAFP via Getty Images_ishiba Kim Kyung-Hoon/POOL/AFP via Getty Images
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    Japan Needs Tighter Monetary Policy

    Koichi Hamada hopes that Prime Minister Shigeru Ishiba recognizes the risks raised by an undervalued yen in today's economy.

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