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Jeffrey Frankel
By Jeffrey Frankel - Jun 10,2024
CAMBRIDGE — The European Union’s Carbon Border Adjustment Mechanism (CBAM), officially launched in October 2023, now requires importers to report on the direct and indirect greenhouse-gas (GHG) emissions embedded in the goods they import.
By Jeffrey Frankel - May 26,2022
CAMBRIDGE — The US dollar is up 12 per cent against the euro over the past year and, at €0.93, is approaching parity. If prices of oil and other commodities now seem high in dollar terms, they look even higher in euros.
By Jeffrey Frankel - Feb 28,2022
CAMBRIDGE — In 1955, then-US Federal Reserve (Fed) chair William McChesney Martin famously said that the Fed’s job was to take away the punch bowl “just when the party was really warming up”, rather than waiting until the revellers were drunk and raucous.
By Jeffrey Frankel - Aug 09,2021
CAMBRIDGE — On May 14, 1962, the agriculture commissioner of Montana, Lowell Purdy, launched what would become one of the century’s great platitudes. “If we can put a man on the Moon,” he declared, seven years before the United States achieved President John F.
By Jeffrey Frankel - May 29,2021
CAMBRIDGE — “There are three kinds of lies,” Mark Twain famously wrote.
By Jeffrey Frankel - Apr 21,2021
CAMBRIDGE — A generation of great international economists is passing from the scene.
By Jeffrey Frankel - Oct 01,2020
CAMBRIDGE — From early on in the COVID-19 pandemic, a common refrain has been, “At least maybe now we will get serious about addressing climate change.” One can certainly see the logic behind this thinking.
By Jeffrey Frankel - Jun 22,2020
CAMBRIDGE — On June 8, the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER) declared that economic activity in the United States had peaked in February 2020, formally marking the start of a recession.
By Jeffrey Frankel - Jan 27,2020
AMSTERDAM — Although many supporters of US President Donald Trump seemingly believe that global warming is a hoax, almost everyone else agrees that climate change should be at the top of the list of important policy issues.
By Jeffrey Frankel - Nov 27,2019
WASHINGTON, DC — The “bicycle theory” used to be a metaphor for international trade policy.
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