Twenty-Three Nobel Prize–winning Economists
Because twenty-three Nobel Prize–winning economists agree that a Harris agenda is vastly better for the US Economy
We, the undersigned, believe that Kamala Harris would be a far better steward of our economy than Donald Trump, and we support her candidacy. The details of the presidential candidates’ economic programs are not fully laid out yet, but what they’ve said, combined with what they’ve done in the past, gives us a clear picture of alternative economic visions, policies, and practices. While each of us has different views on the particulars of various economic policies, we believe that, overall, Harris’s economic agenda will improve our nation’s health, investment, sustainability, resilience, employment opportunities, and fairness and be vastly superior to the counterproductive economic agenda of Donald Trump. His policies, including high tariffs even on goods from our friends and allies and regressive tax cuts for corporations and individuals, will lead to higher prices, larger deficits, and greater inequality. Among the most important determinants of economic success are the rule of law and economic and political certainty, and Trump threatens all of these. By contrast, Harris has emphasized policies that strengthen the middle class, enhance competition, and promote entrepreneurship. On issue after issue, Harris’s economic agenda will do far more than Donald Trump’s to increase the economic strength and well-being of our nation and its people. Simply put, Harris’s policies will result in a stronger economic performance, with economic growth that is more robust, more sustainable, and more equitable.
Signed,
Daron Acemoglu (2024); George A. Akerlof (2001); Abhijit Banerjee (2019); Sir Angus Deaton (2015); Peter A. Diamond (2010); Douglas Diamond (2022); Esther Duflo (2019); Robert F. Engle III (2003); Claudia Goldin (2023); Sir Oliver Hart (2016); Guido W. Imbens (2021); Simon Johnson (2024); Eric S. Maskin (2007); Daniel L. McFadden (2000); Robert C. Merton (1997); Roger B. Myerson (2007); William D. Nordhaus (2018); Edmund S. Phelps (2006); Paul M. Romer (2018); Alvin E. Roth (2012); Robert J. Shiller (2013); Joseph E. Stiglitz (2001); and Richard H. Thaler (2017)