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Is The AI Bubble Bursting? Lessons From The Dot-Com Era

August 21, 2025, Opinion: "One should be just as cautious about predicting the imminent burst of an AI bubble as skeptical of the exaggerated hype currently surrounding artificial intelligence. There ...
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PhD in Political Economy & Government

As of Fall 2022, the PhD in Political Economy and Government (PEG) will no longer be admitting students. Students may apply to the PhD Program in Public Policy (PPOL), or consider the PhD Programs in ...
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K-Anonymity: A Model for Protecting Privacy

See citation below for complete author information. Consider a data holder, such as a hospital or a bank, that has a privately held collection of person-specific, field structured data. Suppose the ...
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Sovereign Debt Restructuring with China at the Table: Forward Progress but Lost Decade Risk Remains

Sovereign debt restructuring deals have not been smooth sailing over the last few years. They have moved slowly, been marked by bickering between China and G7 stalwarts, and the outcomes have been ...
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Self-ratings and bias in performance reviews

Iris Bohnet, Oliver P. Hauser, Ariella S. Kristal. Can gender and race dynamics in performance appraisals be disrupted? The case of social influence. Journal of Economic Behavior & Organization, ...
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Soft power: the evolution of a concept

In this paper, I respond to the editors request that I look back on the concept of soft power that I first published in 1990. I describe my approach to power; explain the origins of the soft power ...
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Forging Consensus: Analyzing the Gap in U.S. Domestic Support to Defend Taiwan Against CCP Aggression

In mid-2023, the Council on Foreign Relations (CFR) published Independent Task Force Report No. 81: U.S.-Taiwan Relations in a New Era - Responding to a More Assertive China. The report was the output ...
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What do a firefighter, an ICE agent, and a librarian have in common?

Governments are run by people—from postal workers to election officials to firefighters. Depending on what we call these workers, and where we stand politically, we have different beliefs about their ...
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Find an Executive Education Program

Whether you complete a program on our historic Cambridge campus or through the flexibility of an online offering, your immersive learning experience at Harvard Kennedy School Executive Education will ...
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MC/MPA Edward S. Mason Program

The Edward S. Mason Program—the oldest international program at Harvard University—empowers experienced public leaders from transitional economy, developing, or newly industrialized countries to make ...
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Destined for War: Can America and China Escape Thucydides’s Trap?

CHINA AND THE UNITED STATES ARE HEADING TOWARD A WAR NEITHER WANTS. The reason is Thucydides's Trap, a deadly pattern of structural stress that results when a rising power challenges a ruling one.
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Jie Bai

For more information, go to Professor Jie Bai's full website. I am an Assistant Professor in Public Policy at Harvard Kennedy School. My research focuses on firms and markets in developing countries ...