"The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit."

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Insight & Reflection

When Martin Feldstein speaks about travel, it invites us to pause and reflect on our own journey. How often do we consider the subtle impacts of travel in our daily lives? This thought-provoking perspective challenges conventional wisdom and encourages a deeper understanding of ourselves.

About Martin Feldstein

Martin Stuart Feldstein was an American economist. He was the George F. Baker Professor of Economics at Harvard University and the president emeritus of the National Bureau of Economic Research. He served as president and chief executive officer of the bureau from 1978 to 2008. From 1982 to 1984, Feldstein served as chairman of the Council of Economic Advisers and as chief economic advisor to President Ronald Reagan. Feldstein was also a member of the Washington-based financial advisory body the Group of Thirty from 2003.

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