Author Archives: jfrankel

Remembering Richard Cooper

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December 24, 2020 —     Richard N. Cooper (Dick), who passed away Wednesday evening at the age of 86, was always young for his age.  Jim Tobin once told me a story from when Dick was a senior staff economist at the President’s Council of Economic Advisers (1961-63).  He used to bring his bicycle into his office at the Old Executive Office Building.  As I remember the story, President Kennedy remarked that apparently a high school student worked at the CEA!

As recently as a year ago, Dick was still riding his bicycle around Cambridge.  I would join his wonderful (and young!) family on weekend bike rides along the Charles River. read more

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You don’t miss international cooperation until it’s gone

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November 30, 2020 — As Joni Mitchell sang, “you don’t know what you’ve got ‘til it’s gone.”   Classroom education was often deemed boring by students and obsolete by tech visionaries.  Then the coronavirus made it difficult or impossible to meet in person.  The result:  We yearn for the irreplaceable in-class experience.

Perhaps the same is true of international economic cooperation.

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Biden is Better on Economics

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October 29, 2020 — In a few days, Americans will choose a president.  Polling suggests that voters favor former Vice-President Joseph Biden when it comes to social policy, foreign policy, the environment, and managing the pandemic, not to mention the question of personal character. But on economics, polls have reported that voters favored President Donald Trump, at least until recently.

A general impression that the US economy does better under Republicans is long-standing.  The facts do not support it, however. read more

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