Author

Sebastian Mallaby

SEBASTIAN MALLABY is Paul A. Volcker Senior Fellow for International Economics at the Council on Foreign Relations. A former reporter and columnist for The Washington Post and The Economist, he is the author of The Power Law: Venture Capital and the Making of the New Future, among other works.

By this author

The AI Trilemma

How to Regulate a Revolutionary Technology

Sebastian Elbaum and Sebastian Mallaby

February 13, 2026

The End of Magic Money

Inflation and the Future of Economic Stimulus

Sebastian Mallaby

July 11, 2022

Is Inflation Here to Stay?

Another Test for the Age of Magic Money—and for Powell

Sebastian Mallaby

November 22, 2021

In the Fed We Trust

Inflation Will Likely Subside, and the Age of Magic Money Will Go On

Sebastian Mallaby

June 30, 2021

Hocus-Pocus?

Debating the Age of Magic Money

Raphaële Chappe, Mark Blyth, and Sebastian Mallaby

Response Nov/Dec 2020

The Age of Magic Money

Can Endless Spending Prevent Economic Calamity?

Sebastian Mallaby

How Should a Liberal Be?

Walter Bagehot and the Politics of Progress

Sebastian Mallaby

Review Essay July/Aug 2019

Net Benefits

How to Understand the Economic Impact of Migration

Sebastian Mallaby

September 28, 2015

Europe’s Optional Catastrophe

The Fate of the Monetary Union Lies in Germany’s Hands

Sebastian Mallaby

The Future of the Yuan

China’s Struggle to Internationalize Its Currency

Sebastian Mallaby and Olin Wethington

Can the BRICs Take the IMF?

The Emerging World’s Chance to Break the IMF’s Status Quo

Sebastian Mallaby

June 9, 2011

Blame the Banks

Sebastian Mallaby

April 9, 2008

Hands Off Hedge Funds

Sebastian Mallaby

Saving the World Bank

Sebastian Mallaby

Liberal Imperialism, R.I.P.

Sebastian Mallaby

June 30, 2004

The Reluctant Imperialist: Terrorism, Failed States, and the Case for American Empire

Sebastian Mallaby

The Bullied Pulpit: A Weak Chief Executive Makes Worse Foreign Policy

Sebastian Mallaby