{"id":3355,"date":"2025-06-25T10:48:49","date_gmt":"2025-06-25T14:48:49","guid":{"rendered":"https:\/\/bhide.net\/wordpress_files\/?page_id=3355"},"modified":"2025-06-25T10:48:49","modified_gmt":"2025-06-25T14:48:49","slug":"general-interest-articles","status":"publish","type":"page","link":"http:\/\/localhost:10004\/index.php\/general-interest-articles\/","title":{"rendered":"General Interest"},"content":{"rendered":"
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“It’s Time to Unleash the Public Markets.”<\/a>\u00a0Barron’s<\/em>\u00a0January 2, 2026<\/p>\n

“Tariffs Won’t Break the Economy. Corporate Shakedowns Might.”<\/a>\u00a0Barron’s<\/em>\u00a0August 23, 2025<\/p>\n

“Universities Won’t Like What It Would Take to Truly Say No to Trump<\/a>\u00a0”\u00a0Barron’s<\/em>\u00a0April 15 2025<\/p>\n

“Is DeepSeek Really a Threat<\/a>”\u00a0Project Syndicate<\/em>\u00a0April 10, 2024<\/p>\n

“AI Can’t Live Up to the Market’s Expectations<\/a>”\u00a0Barron’s<\/em>\u00a0September 15 2024<\/p>\n

“The Boring Truth About AI<\/a>”\u00a0Project Syndicate<\/em>\u00a0January 30, 2025<\/p>\n

“Entrepreneurial Specialization: How Subjective (“Knightian) Uncertainty Matters”<\/a>\u00a0Working paper, December 2021<\/p>\n

“The Selective Sovietization of American Capitalism<\/a>”\u00a0Project Syndicate<\/em>\u00a0December 31, 2021<\/p>\n

“Renewing Knightian Uncertainty: A Pragmatic Prospectus and Demonstration.”\u00a0<\/a>Harvard Business School Working Paper, No. 21-129, June 2021<\/p>\n

“Capitalism Won’t Thrive on Value Investing Alone.”<\/a>\u00a0Harvard Business Review Digital Articles<\/em>\u00a0(June 1, 2021).<\/p>\n

With Leif Pagrosky, 2020, “Separated By A Common Infection<\/a>”\u00a0Think Global Health (<\/em>published by the\u00a0Council on Foreign Relations)\u00a0<\/em>May 6, 2020<\/p>\n

“Murky Data Calls Into Question Quarantine Strategy<\/a>”\u00a0Financial Times\u00a0<\/em>March 25, 2020<\/p>\n

“To Make Banks Stable, End, Don’t Mend, the Repo Market<\/a>” 2019.\u00a0Wall Street Journal<\/em>. October 2, 2019<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n

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“Congress Should Set the Fed’s Inflation Target\u2014Ideally at Zero.”<\/a>\u00a02018.\u00a0Wall Street Journal<\/em>. November 7, 2018<\/p>\n

“Skepticism Beats Snopes as an Antidote to Fake News.”<\/a>\u00a02018.\u00a0Wall Street Journal<\/em>. June 8, 2018<\/p>\n

“Corralling the Info-Monopolists<\/a>”\u00a0Project Syndicate<\/em>\u00a0May 14, 2018<\/p>\n

“Why We Need Traditional Banking<\/a>”\u00a0National Affairs<\/em>\u00a0Winter 2018 pp. 78-92<\/p>\n

“Constraining Knowledge: Traditions and Rules that Limit Medical Innovation<\/a>,” 2017.\u00a0Critical Review<\/em>\u00a0Vol. 29 Iss. 1 no.1 pp 1-33 edited from\u00a0(How) Can We Do Better? Lessons from HIV-AIDS<\/a><\/p>\n

“On the futility and hazards of monetary heroics.” Published (after translation) in\u00a0Ekonomisk Debatt<\/em>\u00a0Issue 4\/2017 by the Swedish Economic Association<\/p>\n

Equifax Critics Are Missing the Bigger Point<\/a>. 2017.\u00a0Wall Street Journal<\/em>. September 13, 2017<\/p>\n

“Easy money is a dangerous cure for a debt hangover<\/a>.” 2016.\u00a0Financial Times<\/em>\u00a0August 17, 2016<\/p>\n

“When it comes to ISIL Europe is repeating the sins of its fathers”<\/a>\u00a0Quartz<\/em>\u00a0January 7, 2016<\/p>\n

With Anders Barsk\u00a0“Brexiters are making a dangerous mistake in their argument for leaving the EU<\/a>”\u00a0Quartz<\/em>\u00a0June 21 2016<\/p>\n

Third World in the First World<\/a>\u00a0Politico \u2013 Europe<\/em>\u00a0online July 3, 2015<\/p>\n

On the Increasing Centralization of US Money and Credit<\/a>. June 2015. Center on Capitalism and Society Working Paper No. 86.<\/p>\n

“The Demise of US Dynamism is Vastly Exaggerated \u2013 But Not All is Well<\/a>” 2015 in\u00a0Understanding the Growth Slowdown,\u00a0<\/em>ed. Brink Lindsey Washington D.C.: Cato<\/p>\n

Support for Free Speech Is Not Support for More Surveillance<\/a>, 2015. January 22, 2015,\u00a0Washington Monthly\u00a0<\/em>on-line<\/p>\n

“Profits Don’t Create Inequality”<\/a>\u00a02014\u00a0Barron’s\u00a0<\/em>November 22, 2014<\/p>\n

With Pankaj Ghemawat,\u00a0“Clay Christensen’s theories are great for entrepreneurs, but not executives”<\/a>\u00a0Quartz\u00a0<\/em>October 9, 2014<\/p>\n

“Don’t believe brokers, the government, or Piketty”<\/a>\u00a0Quartz<\/em>\u00a0May 31, 2014<\/p>\n

“A Law Unto Themselves”<\/a>\u00a0City Journal<\/em>\u00a0January 30, 2014<\/p>\n

“Re-Decentralizing the Fed”\u00a0<\/a>Project Syndicate<\/em>\u00a0October 9, 2013<\/p>\n

“Wanted: A Boring Leader for the Fed”<\/a>\u00a0New York Times<\/em>\u00a0August 21, 2013 p A23<\/p>\n

With Edmund Phelps,\u00a0“Central Banking Needs Rethinking”<\/a>\u00a0Wall Street Journal<\/em>\u00a0July 16, 2013, page A15<\/p>\n

“Skinned in the Game”<\/a>\u00a0Barrons<\/em>\u00a0June 23, 2012<\/p>\n

With Christopher Papagianis\u00a0“To Save Money-Market Mutual Funds, Scrap Them”<\/a>\u00a0Bloomberg.com June 13, 2012<\/p>\n

“In Praise of the Beleaguered Euro”<\/a>\u00a0(2012)\u00a0Wall Street Journal<\/em>\u00a0May 8, 2012 A13<\/p>\n

“Debt Reckoning for Europe”\u00a0<\/a>Project Syndicate<\/em>\u00a0April 2012<\/p>\n

“Bring Back Boring Banks”<\/a>\u00a0(2012)\u00a0New York Times<\/em>\u00a0January 4, 2012 p. A23<\/p>\n

“Messy Government is a must for modern America”<\/a>\u00a0(2011)\u00a0Financial Times<\/em>\u00a0October 6, 2011 p.9<\/p>\n

“The Indeterminate Goodness of the Economy (and Life)<\/a>” Comments at The Center on Capitalism and Society’s 9th Annual Conference on: “Philosophical Foundations of Economics and the Good Economy: Individual Values, Human Pursuits, Self-Realization and Becoming.”<\/p>\n

With Edmund S. Phelps,\u00a0“The Root of All Sovereign-Debt Crises”\u00a0<\/a>Project Syndicate<\/em>\u00a0August 2011<\/p>\n

With Edmund S. Phelps,\u00a0“More Harm Than Good”<\/a>\u00a0Newsweek<\/em>\u00a0July 11, 2011<\/p>\n

“Bank Regulation’s Capital Mistake”<\/a>\u00a0Project Syndicate<\/em>\u00a0July 2011<\/p>\n

“The Upside of Spending”<\/a>\u00a0New York Times<\/em>\u00a0Opinion February 8, 2011<\/p>\n

“To fix our banks we must go back to the 70s<\/a>” (2011)\u00a0Financial Times<\/em>\u00a0January 10, 2011 p.9<\/p>\n

“Venturesome Consumption, Innovation and Globalization<\/a>” (2011) in\u00a0Perspectives on the Performance of the Continent’s Economies<\/em>, (eds.) Phelps, Edmund S. and Hans-Werner Sinn, Cambridge, MIT Press.<\/p>\n

“Financing the venturesome economy” 2011. in\u00a0Innovation: How Europe Can Take Off\u00a0<\/a><\/em>(eds.) Philip Whyte and Simon Tilford, London: Center for European Reform<\/p>\n

“The Trouble with Robo-Lending”<\/a>\u00a0(2010)\u00a0Wall Street Journal<\/em>\u00a0November 13, 2010 A11<\/p>\n

“Don’t Expect Much From the R&D Tax Credit”<\/a>\u00a0(2010)\u00a0Wall Street Journal<\/em>\u00a0September 11, 2010, A15<\/p>\n

“The Judgment Deficit”<\/a>\u00a0(2010)\u00a0Harvard Business Review<\/em>\u00a0Vol. 88 No. 9 p.44-53<\/p>\n

With Carl Schramm, “What’s Still Exceptional About America”\u00a0The International Economy<\/em>\u00a0Fall 2009 p.44-45<\/p>\n

“Let Bankers Be Bankers<\/a>”\u00a0Forbes.com<\/em>\u00a0September 25, 2009<\/p>\n

“Let’s Break up the Fed<\/a>” (2009)Wall Street Journal<\/em>\u00a0July 29, 2009 p. A15<\/p>\n

“An Accident Waiting to Happen<\/a>” (2009)\u00a0Critical Review<\/em>\u00a021(:2-3) 211-247<\/p>\n

“The Elusive Underpinnings of U.S. Venturesomeness (if Not Prosperity)” (2009)\u00a0Journal of Applied Corporate Finance<\/em>\u00a0Vol 21. No2 pp. 8-23<\/p>\n

“In Praise of More Primitive Finance<\/a>” (2009)The Economists’ Voice<\/em>: Vol. 6: Iss. 3, Article 8.<\/p>\n

“The Venturesome Economy<\/a>” (2009)\u00a0Journal of Applied Corporate Finance<\/em>\u00a0Vol 21. No1 pp. 8-23<\/p>\n

“You Can’t Rush a Recovery<\/a>” (2009)\u00a0Wall Street Journal<\/em>, April 9, 2009 p. A15<\/p>\n

“The Upside of the Worst of Times”\u00a0New York Times<\/em>\u00a0Opinion March 18, 2009<\/p>\n

“Consumers Can Still Spot Value in a Crisis<\/a>” (2009)\u00a0Wall Street Journal<\/em>\u00a0March 12, 2009 p. A15<\/p>\n

“Don’t Believe the Stimulus Scaremongers<\/a>” (2009)\u00a0Wall Street Journal<\/em>\u00a0February 17, 2009 p. A15<\/p>\n

“How Banking Diversification Steered us Wrong<\/a>”\u00a0BusinessWeek<\/em>\u00a0February 9, 2009, p. 30-31<\/p>\n

“Insiders and Outsiders<\/a>”\u00a0Forbes.com<\/em>\u00a0September 25, 2008<\/p>\n

With Edmund S. Phelps, “A Dynamic Theory of China-US Trade: Making Sense of the Imbalances<\/a>”\u00a0World Economics<\/em>\u00a0Vol. 8 No. 3 July-September 2007.<\/p>\n

“What holds back Bangalore Businesses<\/a>?” (2008)\u00a0Asian Economic Papers<\/em>, Vol 7, No. 1, pp. 10-153 Based on December 2004\u00a0working paper<\/a><\/p>\n

With Carl Schramm, “Phelps’s Prize”<\/a>\u00a0Jan 29, 2007.\u00a0The Wall Street Journal<\/em>\u00a0p. A16<\/p>\n

With Edmund S. Phelps, “Merkantilismus im Reich der Mitte<\/a>”\u00a0Frankfurter Allgemeine Zeitung<\/em>\u00a022 July 2006, Nr. 168 p. 13<\/p>\n

“How Novelty Aversion Affects Financing Options”<\/a>(2006).\u00a0Capitalism and Society: Vol<\/em>. 1 No. 1, Article 1. (Accompanying\u00a0discussion by Robert Solow<\/a>.)<\/p>\n

With Edmund S. Phelps,\u00a0“Classical Theory versus the Real World”<\/a>\u00a0July 25, 2005.\u00a0The Wall Street Journal<\/em>\u00a0p. A14<\/p>\n

“Non-destructive creation: How entrepreneurship sustains development” in The Emergence of Entrepreneurial Economics, G.T. Vinig, R. van der Voort eds., Elsevier Science: Amsterdam (based on a lecture given at the Royal Society of Arts, London on the 17th<\/sup>\u00a0of November 2004)<\/a><\/p>\n

“What Role for Entrepreneurship in India?”<\/a>\u00a0November 2004. mimeo<\/p>\n

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“Tax and Spend, Please”\u00a0<\/a>Project Syndicate<\/em>, November 2004 (Unabridged version)<\/a><\/p>\n

Entrepreneurship and Venture Capital: Topics in Corporate Finance.<\/em><\/a>\u00a0(9) 2004. Amsterdam, Netherlands: Amsterdam Center for Corporate Finance.<\/p>\n

“More, bigger faster”<\/a>\u00a0Across the Board<\/em>, September-October 2004 (based on Oct 2003 Working Paper,\u00a0“Hard-headed optimism about globalization”<\/a>)<\/p>\n

“Missing the true significance of outsourcing”<\/a>\u00a0Asian Wall Street Journal<\/em>, June 23, 2004.<\/p>\n

“The global economics of desire”\u00a0<\/a>Project Syndicate<\/em>\u00a0February 2004<\/p>\n

“Business as usual after boom and bust.”\u00a0Financial Times<\/em>\u00a0July 9, 2001, Mastering Investment series<\/p>\n

“David and Goliath, Reconsidered,”\u00a0Harvard Business Review<\/em>, V 78, N 5, pp. 26-27, September-October 2000<\/p>\n

“Will the real entrepreneur please stand up?”\u00a0Wall Street Journal Europe<\/em>\u00a0August 7, 2000<\/p>\n

“The art of overcoming those first-contract nerves,” Financial Times<\/em>, April 25, 2000<\/p>\n

“The Questions Every Entrepreneur Must Answer<\/a>,”\u00a0Harvard Business Review<\/em>, V 73, N 6, pp. 120-130, November-December 1996.<\/p>\n

“Fair Stock Markets: The Hidden Cost,”\u00a0The New York Times<\/em>, January 22, 1995.<\/p>\n

“High cost of liquidity,”\u00a0Financial Times<\/em>, December 13, 1994.<\/p>\n

“Efficient Markets, Deficient Governance,”\u00a0Harvard Business Review<\/em>, V 72, N 6: pp. 129-139, November-December 1994.<\/p>\n

“The hidden costs of investor protection: lessons from the US,”\u00a0Royal Society of Arts Journal<\/em>, V CXLII, N 5452, July 1994: pp. 27-34. (from a lecture delivered to the Royal Society of Arts, London, April 13, 1994)<\/p>\n

“How Entrepreneurs Craft Strategies That Work<\/a>,”\u00a0Harvard Business Review<\/em>, V 72, N 2: pp. 150-161, March-April 1994.<\/p>\n

“Return to Judgment,”\u00a0Journal of Portfolio Management<\/em>, V 20, N 2: pp. 19-25, Winter 1994.<\/p>\n

“Clinton Business Plan: Help Unwanted.”\u00a0The New York Times<\/em>, May 9, 1993, p F11.<\/p>\n

“The Hidden Costs of Stock Market Liquidity,”\u00a0Journal of Financial Economics<\/em>, V 34, 1993: pp. 31-51.<\/p>\n

“Bootstrap Finance: The Art of Start-ups<\/a>,”\u00a0Harvard Business Review<\/em>, V 70, N 66, November-December 1992: pp. 109-117.<\/p>\n

“Reversing Corporate Diversification,”\u00a0Journal of Applied Corporate Finance<\/em>, V 3, N 2: pp. 70-81, September 1990.<\/p>\n

With Howard Stevenson, “Why Be Honest if Honesty Doesn’t Pay,”\u00a0Harvard Business Review, V 68, N<\/em>\u00a05: pp. 121-129, September-October 1990.<\/p>\n

“In Praise of Corporate Raiders,”\u00a0Policy Review<\/em>, The Heritage Foundation, N 47: pp. 21-23, Winter 1989.<\/p>\n

“The Causes and Consequences of Hostile Takeovers,”\u00a0Journal of Applied Corporate Finance<\/em>, V 2, N 2: pp. 36-59, Summer 1989.<\/p>\n

“Why Not Leverage Your Company to the Hilt?,”\u00a0Harvard Business Review<\/em>, V 66, N 3: pp. 92-98, May-June 1988.<\/p>\n

With Howard Stevenson, “Employment versus Sub-Contracting: The Real Trade-Offs,” Harvard Business School Working Paper 88-046, l988.<\/p>\n

“Hustle as Strategy,”\u00a0Harvard Business Review<\/em>, V 64, N 5: pp. 59-65, September-October 1986.<\/p>\n

“Not Just a Fast-Buck Craving; What’s Driving MBA’s to Wall Street,”\u00a0New York Times<\/em>, July 27, 1986.<\/p>\n

“Beyond Keynes: Demand Side Economics,”\u00a0Harvard Business Review<\/em>, V 6, N 4: pp. 100-110, July-August 1983.<\/p>\n

“Japan’s ‘Liberalized’ Capital Market Is No Boon to Foreign Competitors,”\u00a0The Los Angeles Times<\/em>, July 15, 1984.<\/p>\n

“Finding Economic Formulas for the Third World,” (book review)\u00a0The Wall Street Journal<\/em>, March 22, 1983.<\/p>\n

“India’s Conflict Between Dirigisme and Democracy,”\u00a0The Wall Street Journal<\/em>, May 17, 1982.<\/p>\n

“Looking at how managers work with workers,” (book review)\u00a0The Wall Street Journal<\/em>, October 20, 1981.<\/p>\n

“Exchange Rates: Floating Does It Better,”\u00a0The Wall Street Journal<\/em>, September 22, 1981.<\/p>\n

“The Crucial Weaknesses of Japan Inc.,”\u00a0The Wall Street Journal<\/em>, June 8, 1981.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

“It’s Time to Unleash the Public Markets.”\u00a0Barron’s\u00a0January 2, 2026 “Tariffs Won’t Break the Economy. Corporate Shakedowns Might.”\u00a0Barron’s\u00a0August 23, 2025 “Universities<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"class_list":["post-3355","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/localhost:10004\/index.php\/wp-json\/wp\/v2\/pages\/3355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/localhost:10004\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/localhost:10004\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/localhost:10004\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/localhost:10004\/index.php\/wp-json\/wp\/v2\/comments?post=3355"}],"version-history":[{"count":0,"href":"http:\/\/localhost:10004\/index.php\/wp-json\/wp\/v2\/pages\/3355\/revisions"}],"wp:attachment":[{"href":"http:\/\/localhost:10004\/index.php\/wp-json\/wp\/v2\/media?parent=3355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}