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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