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Mohamed A. El-Erian

Mohamed A. El-Erian

Writing for PS since 2010
173 commentaries

Mohamed A. El-Erian, President of Queens’ College at the University of Cambridge, is a professor at the Wharton School of the University of Pennsylvania and the author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse (Random House, 2016) and a co-author (with Gordon Brown, Michael Spence, and Reid Lidow) of Permacrisis: A Plan to Fix a Fractured World (Simon & Schuster, 2023).

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  1. Once Again, It Was the Economy, Stupid
    elerian174_Michael M. SantiagoGetty Images_economy Michael M. Santiago/Getty Images

    Once Again, It Was the Economy, Stupid

    Nov 14, 2024 Mohamed A. El-Erian explains how and why Democrats failed to connect with US voters’ pocketbook realities.

  2. Toward a Fifth World Order
    op_brown2_TIERNEY CROSSAFP via Getty Images_IMFworldbank Tierney Cross/AFP via Getty Images

    Toward a Fifth World Order

    Oct 21, 2024 Gordon Brown & Mohamed A. El-Erian explain why multilateral institutions urgently need to be reformed, and why the G20 is the right forum for it.

  3. How to Judge the New British Government’s First Budget
    elerian172_Christopher FurlongGetty Images_rachelreeves Christopher Furlong/Getty Images

    How to Judge the New British Government’s First Budget

    Oct 17, 2024 Mohamed A. El-Erian lists four criteria for assessing the chancellor's attempt to meet a long list of unrealistic demands.

  4. Analytical Volatility Is Worse than Market Whiplash
    elerian171_Michael M. SantiagoGetty Images_ Michael M. Santiago/Getty Images

    Analytical Volatility Is Worse than Market Whiplash

    Aug 30, 2024 Mohamed A. El-Erian considers why economic forecasters have been responding so dramatically to each data release.

  5. Beware of the Fed’s Contrived Consensus
    elerian170_OLIVIER DOULIERYAFP via Getty Images_fed Olivier Douliery/AFP via Getty Images

    Beware of the Fed’s Contrived Consensus

    Aug 8, 2024 Mohamed A. El-Erian thinks the US central bank could learn something from the Bank of England's more transparent process.

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  1. basu107_JimWatsonGettyImages_steelworkers_trump1 Jim Watson/Getty Images

    What If Trump Keeps His Promises?

    Kaushik Basu warns that the president-elect’s proposed trade policies will erode America’s competitiveness.
  2. singer236_ohn SenterUCGUniversal Images Group via Getty Images)_trump harris ads John Senter/UCG/Universal Images Group via Getty Images)

    What Progressives Must Learn from Trump’s Campaign

    Peter Singer thinks one of the most important lessons is to uphold open debate and address hot-button issues head-on.
  3. eichengreen196_Sheng JiapengChina News ServiceVCG via Getty Images_brics Sheng Jiapeng/China News Service/VCG via Getty Images

    The BRICS Currency Charade

    Barry Eichengreen chronicles the latest vain attempt to create an alternative to the dollar-based international monetary system.
  4. elerian174_Michael M. SantiagoGetty Images_economy Michael M. Santiago/Getty Images

    Once Again, It Was the Economy, Stupid

    Mohamed A. El-Erian

    The economy played a critical role in the 2024 presidential race, creating the conditions not only for Donald Trump to trounce Kamala Harris, but also for a counter-elite to usher in a new power structure. Will the Democrats and “establishment” experts get the message?

    explains how and why Democrats failed to connect with US voters’ pocketbook realities.
  5. COP29 Accelerating the Transition to a Decarbonized Future Event Thumbnail

    PS Events: COP29 Live From Baku

    PS editors present the COP29 Live From Baku event.
  6. barfi27_MANDEL NGANAFP via Getty Images_trumpnetanyahu Mandel Ngan/AFP via Getty Images

    Trumpian Turmoil Is Coming to the Middle East

    Barak Barfi thinks that the regional leaders who are cheering now may soon be pining for a less capricious leader.
  7. galbraith38_MandelNganGettyImages_democrats_funeral Mandel Ngan/Getty Images

    The Democrats Committed Suicide This Year

    James K. Galbraith

    Kamala Harris lost to Donald Trump because she received around ten million fewer votes than Joe Biden did in 2020. The Democratic Party leadership was, at best, indifferent to the erosion of voting access, negligent in retaining newer voters, and proactive in marginalizing what remained of its left wing.

    thinks the party has only itself to blame for losing the 2024 election on low voter turnout.
  8. chellaney181_JAM STA ROSAAFP via Getty Images_south china JAM STA ROSA/AFP via Getty Images

    America Must Stand Up to Asia's Bully

    Brahma Chellaney urges Donald Trump’s incoming administration to push back against China’s aggressive expansionism.
  9. terzi6_green transition degrowth Getty Images

    Inclusive Finance Is the Key to Climate Action

    Sophie Sirtaine calls for COP29 to address the overlooked question of how to channel funds to vulnerable communities.

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