Michael Klein
FLETCHER SCHOOL OF LAW AND DIPLOMACY, TUFTS UNIVERSITY. Professor of International Economic Affairs. Research interests include world capital markets, exchange rate management, and foreign direct investment.

The Problems with Low Inflation (VIDEO)

December 18, 2019
This conversation was recorded on August 1, 2019.

Inflation has gone from being a threat to the economy because it was too high in the 1970s, to being a source of concern today because it is too low. Since 2012, the U.S. Federal Reserve has been persistently unable to lift inflation to reach its 2% target. Why

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Is Big Bad? Evolving Anti-trust Concerns in the U.S. (VIDEO)

November 8, 2019
This conversation was recorded on August 1, 2019.

A primary concern raised when one firm dominates a market is that consumers will face higher prices and fewer choices. Yet the existence of big firms at the national level does not necessarily mean that there will be less competition at the local level. Some of

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Should the Government Subsidize Exporters? (VIDEO)

October 29, 2019
This conversation was recorded on August 1, 2019.

Only a very small share of U.S. companies export. The Department of Commerce puts the figure at 1% when looking at all incorporated firms across all sectors. Even in manufacturing, where exports are more important and firms on average are substantially larger, only

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What Can Policy Do to Make Housing More Affordable? (VIDEO)

October 16, 2019
This conversation was recorded on August 1, 2019.

Concerns over whether children will be able to live in their parents' hometowns or whether renters are being displaced by gentrification are prevalent in large coastal cities. Zoning restrictions, such as minimum lot sizes, tend to be set at the city and town level.

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Measuring How Well the Economy is Doing (VIDEO)

September 30, 2019
This conversation was recorded on August 1, 2019.

What tools do economists have to measure how well an economy is doing? Michael Klein, Executive Editor of EconoFact and Dan Sichel (Wellesley) highlight the advantages, as well as the drawbacks of focusing on gross domestic product (GDP) - a measure of the value

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