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Stephen Miran

Stephen Miran

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Stephen Miran, Senior Strategist at Hudson Bay Capital, is a former senior adviser at the US Treasury (2020-21).

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  1. The US Treasury’s Backdoor Stimulus Is Hampering the Fed
    roubini189_ Anna MoneymakerGetty Images_treasury Anna Moneymaker/Getty Images

    The US Treasury’s Backdoor Stimulus Is Hampering the Fed

    Aug 20, 2024 Nouriel Roubini & Stephen Miran see a debt-issuance strategy that is working at cross-purposes with the central bank.

  1. benami217_ ALBERTO PIZZOLIAFP via Getty Images)_ancient rome ALBERTO PIZZOLI/AFP via Getty Images)
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    Why Rome Still Matters

    Shlomo Ben-Ami considers the ancient empire’s hold on the popular imagination and what its history has to teach us.
  2. hendy1_Sina Schuldtpicture alliance via Getty Images_maternity Sina Schuldt/picture alliance via Getty Images
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    Egypt’s Skyrocketing C-Sections

    Rana Hendy & Lobna Shaheen urge policymakers to take decisive steps to address the inequalities fueling the rise in cesarean deliveries.
  3. caballero1_Sanjeev VermaHindustan Times via Getty Images_indiashopping Sanjeev Verma/Hindustan Times via Getty Images
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    Asia’s Consumer Tipping Point

    Juan Caballero & Wolfgang Fengler highlight a milestone that marks the transition from poverty to a more typical middle-class lifestyle.
  4. Rodrik_Say-More_Rawf8-via-GettyRF
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    Kishore Mahbubani on the US-China rivalry, Asian security risks, and more

    Kishore Mahbubani offers advice to Western diplomats attempting to engage with Asia, identifies risks to the region’s stability, highlights Singapore’s lessons for developing-country leaders, and more.
  5. new delhi smog SAJJAD HUSSAIN/AFP/Getty Images
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    Tracking Air Quality the Right Way

    Soumya Swaminathan & Christa Hasenkopf call for an authoritative global accounting of the world’s single greatest external risk to human health.
  6. buchholz19_Tayfun CoskunAnadolu Agency via Getty Images_aukus Tayfun Coskun/Anadolu Agency via Getty Images
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    Countries That March Together Should Trade Together

    Todd G. Buchholz urges the next US president to distinguish good from bad actors, rather than raise tariffs haphazardly.
  7. op_roubini1_GettyImages_USChinamoneysewedtogether Getty Images
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    Resetting US-China Economic Relations

    Barry Eichengreen

    The implications of the deepening Sino-American rift are far-reaching, because several of the world’s most pressing economic problems can be solved only with contributions from both countries. And, to address global challenges, active cooperation between the two economic powers is indispensable.

     hopes that political will on both sides catches up with the opporunities for cooperation that now exist.
  8. gros189_Sean GallupGetty Images_germanypowerlines Sean Gallup/Getty Images
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    The Improving Economics and Worsening Geopolitics of Clean Energy

    Daniel Gros warns that political obstacles are preventing the widespread uptake of low-cost green technologies.
  9. rajan94_Arvind YadavHindustan Times via Getty Images_indiasemiconductor Arvind Yadav/Hindustan Times via Getty Images
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    Industrial Policy’s Deceptive New Clothes

    Raghuram G. Rajan

    If the new "industrial strategy" is offering ideas for better public governance, it is useful. But it becomes positively dangerous when it turns to the private sector, where state interventions inevitably undermine competition, disrupt price signals, and dampen the motivation to innovate.

     sees little reason to support the case for renewed government interventions in the private sector.

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