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  1. The logo of the stablecoin Tether can be seen on the screen of a computer in an office. Picture Alliance/Getty Images

    The Stablecoin Threat

    Angus Armstrong & Dennis J. Snower

    Far too little attention has been paid to the fact that stablecoins could erode governments' control over money and debt, fundamentally reshaping how modern economies manage inflation, stabilize markets, and finance public spending. By catering to a politically connected industry, the United States is playing with fire.

    see major risks associated with the growth of privately issued dollar-backed digital tokens.
  2. Ronald Reagan and Margaret Thatcher seated side-by-side near a crackling fireplace in 1981. Bettmann/Getty Images

    Can the American Right Find Its Way Back?

    Michael R. Strain

    Under the influence of Donald Trump and his MAGA movement, the American right has become unrecognizable to those who remain committed to the values espoused by Ronald Reagan and Margaret Thatcher. The question now is whether the Republican Party can still recover their brand of dignified conservatism.

    hopes the Republican Party can rediscover the dignity, decorum, and seriousness that once defined it.
  3. Overhead view of construction at an Amazon data center in Salem Township. Media News Group/The Citizens' Voice/Getty Images

    The AI Bubble’s Shaky Math

    Carl Benedikt Frey thinks the productivity gains are more muted, and the macro risks more pronounced, than in the dot-com bubble.
  4. US President Donald Trump speaking to reporters while walking to Marine One on the South Lawn of the White House in Washington, D.C Saul Loeb/Getty Images

    The Illiberal World Order Is Here

    Carl Bildt thinks the Trump administration has put the final nail in the coffin of the postwar world the US helped build.
  5. Protestor holding EU flag in Berlin. Sean Gallup/Getty Images

    Restoring Europe’s Social Contracts

    Ana Palacio warns that the erosion of freedom, prosperity, and the rule of law is jeopardizing the European project.
  6. Vendor holding Sri Lankan banknotes at a Colombo market amid economic crisis. Ishara S. Kodikara/Getty Images

    Sri Lanka’s Interest-Rate Trap

    Arjun Jayadev, et al. urge the central bank to ease monetary policy as soon as possible, while keeping an eye on capital flight.
  7. Heads of state and representatives gather for a group photo at the CELAC-EU Summit in Santa Marta, Colombia, November 9, 2025. Luis Acosta/Getty Images

    Building Bridges in a Divided World

    Nadia Calviño shows how Europe and Latin America and the Caribbean are bucking the trend toward zero-sum economic policies.
  8. Worker cleans a G20 sign for the November 2025 summit in South Africa. Per-Anders Pettersson/Getty Images

    The G20 Can No Longer Postpone Debt Relief

    Hailemariam Desalegn Boshe urges members to devise a framework that would reduce Africa’s liabilities and enable its green transition.
  9. Security Guard drives a scooter by a shipping port in China Cheng Xin/Getty Images

    Free Trade Can’t Bring Peace

    Benn Steil shows that globalization always depended on global security, not the other way around.
  10. PS Events: COP30 Studio Sessions
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    PS Events: COP30 Studio Sessions

    Watch our COP30 Studio Sessions – organized in partnership with Friedrich-Ebert-Stiftung and filmed in Belém, Brazil – in which Carlos Alvarado-Quesada, Natalie Unterstell, and John Kerry discuss how to build public support for the net-zero transition and revive global climate leadership.

    WATCH NOW

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Latest

  1. Restoring Europe’s Social Contracts
    Protestor holding EU flag in Berlin. Sean Gallup/Getty Images

    Restoring Europe’s Social Contracts

    Nov 18, 2025 Ana Palacio warns that the erosion of freedom, prosperity, and the rule of law is jeopardizing the European project.

  2. Sri Lanka’s Interest-Rate Trap
    Vendor holding Sri Lankan banknotes at a Colombo market amid economic crisis. Ishara S. Kodikara/Getty Images

    Sri Lanka’s Interest-Rate Trap

    Nov 18, 2025 Arjun Jayadev, et al. urge the central bank to ease monetary policy as soon as possible, while keeping an eye on capital flight.

  3. The Illiberal World Order Is Here
    US President Donald Trump speaking to reporters while walking to Marine One on the South Lawn of the White House in Washington, D.C Saul Loeb/Getty Images

    The Illiberal World Order Is Here

    Nov 18, 2025 Carl Bildt thinks the Trump administration has put the final nail in the coffin of the postwar world the US helped build.

  4. The G20 Can No Longer Postpone Debt Relief
    Worker cleans a G20 sign for the November 2025 summit in South Africa. Per-Anders Pettersson/Getty Images

    The G20 Can No Longer Postpone Debt Relief

    Nov 18, 2025 Hailemariam Desalegn Boshe urges members to devise a framework that would reduce Africa’s liabilities and enable its green transition.

  5. The AI Bubble’s Shaky Math
    Overhead view of construction at an Amazon data center in Salem Township. Media News Group/The Citizens' Voice/Getty Images

    The AI Bubble’s Shaky Math

    Nov 18, 2025 Carl Benedikt Frey thinks the productivity gains are more muted, and the macro risks more pronounced, than in the dot-com bubble.

Trending

  1. Security Guard drives a scooter by a shipping port in China Cheng Xin/Getty Images

    Free Trade Can’t Bring Peace

    Benn Steil shows that globalization always depended on global security, not the other way around.
  2. NYSE stock traders at work. Spencer Platt/Getty Images

    In Search of the AI Bubble’s Economic Fundamentals

    William H. Janeway explains why the sector might be better off if the reckoning comes sooner rather than after leverage piles up.
  3. Illustration of businesspeople working with robots elenabs/Getty Images

    Will AI Kill the Firm?

    Sami Mahroum shows why an organizational entity fit for the industrial age now faces a surplus of creativity and initiative.
  4. projection of Deutsche Mark on German building Thomas Lohnes/Getty Images

    The German Economic Miracle, Then and Now

    Barry Eichengreen reviews two new histories of the country's postwar Wirtschaftswunder as its economic model appears to be reaching its end.
  5. op_mkurz5_ROBYN BECKAFP via Getty Images_workersprotestai Robyn Beck /AFP via Getty Images

    Democracy and the Case for Protecting Livelihoods

    Mordecai Kurz proposes a comprehensive policy intervention to address the political fallout from technological unemployment.
  6. op_ignatieff3_Edoardo FornaciariGetty Images_hoxha Edoardo Fornaciari/Getty Images

    The Prisoner of Memory

    Michael Ignatieff reflects on the quiet power of endurance in a world where obedience often feels safer than autonomy.

While it is reasonable to ask why progress toward so many development targets has stalled and who is to blame, a more fruitful question is how to get the agenda back on track. We need only open our eyes to find reformers, innovators, activists, and others who are keeping the promise of sustainable development alive.

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  1. Protester holding a “COP30 for system change” placard at a London demonstration calling for climate justice and systemic change. SOPA Images/Getty Images

    Climate and Development Finance Must Be Integrated

    Mahmoud Mohieldin explains how COP30 can begin addressing the shortcomings of today’s fragmented, underperforming arrangements.
  2. Microsoft principle founder Bill Gates gestures during a discussion at a luncheon of the Economic Club of Washington in Washington D.C. Alex Wong/Getty Images

    How to Measure Climate Progress

    Gernot Wagner thinks tackling the problem is justified on social and economic grounds, not existential ones.
  3. Barbara Flesche, Head of Europe at Statkraft, and Reiner Haseloff (CDU), Minister President of Saxony-Anhalt, symbolically commission the new PV-battery storage hybrid power plant built by Norwegian energy company Statkraft. Picture Alliance/Getty Images

    The Key to Unlocking Private Climate Finance

    Lynn Forester de Rothschild urges international policymakers to ensure that the net-zero transition benefits workers and communities.

Opinion that Moves

  1. Arjun Jayadev, et al. Sri Lanka’s Interest-Rate Trap
  2. Hailemariam Desalegn Boshe The G20 Can No Longer Postpone Debt Relief
  3. Carl Benedikt Frey The AI Bubble’s Shaky Math
  4. Angus Armstrong, et al. The Stablecoin Threat

  1. Ana Palacio Restoring Europe’s Social Contracts
  2. Carl Bildt The Illiberal World Order Is Here
  3. Shlomo Ben-Ami Can Trump Bring Peace to Gaza?
  4. Michael R. Strain Can the American Right Find Its Way Back?

  1. Aminata Touré, et al. What Democracy Means for a Society’s Bottom Line
  2. David Miliband The Future of International Aid
  3. Yuen Yuen Ang The Global Polytunity
  4. Bertrand Badré, et al. Will AI Bury Future Generations in Cognitive Debt?

  1. Nadia Calviño Building Bridges in a Divided World
  2. Mahmoud Mohieldin Climate and Development Finance Must Be Integrated
  3. Fatih Birol, et al. Today’s Electricity Revolution Is Missing a Key Ingredient
  4. Sonia Guajajara How Indigenous Peoples Will Drive Progress at COP30

  1. Noreena Hertz The AI Labor Shock Is Coming for Women
  2. Mustafa Suleyman Toward Humanist Superintelligence
  3. Christina Lioma, et al. AI Agents Threaten Free Societies
  4. Robin Berjon How Many More Cloud Scares Does Europe Need?

  1. Vanessa Badré The Makings of Peace
  2. Jennifer Doleac What Really Works Against Youth Crime?
  3. Gordon Brown Afghanistan’s Ban on Girls’ Education Goes Online
  4. Antara Haldar Must Our Globalized World Be a Suicide Pact?

Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W…

  1. Hailemariam Desalegn Boshe The G20 Can No Longer Postpone Debt Relief
  2. Adekeye Adebajo The Black Atlantic’s Quest for Reparations
  3. Carlos Lopes What Africans Want from COP30

Today’s media landscape is littered with landmines: open hostility from illiberal and autocratic regimes, mounting censorship in countries such as Hungary, Turkey,…

  1. Robin Berjon How Many More Cloud Scares Does Europe Need?
  2. Sally Wentworth In Defense of Encryption
  3. Nowmay Opalinski, et al. Kazakhstan’s Digital Crossroad

Oceans cover over 70% of the planet’s surface and account for 97% of its total water supply; they produce half the oxygen that we breathe and absorb o…

  1. Prince Albert II of Monaco Scaling the Ocean Economy
  2. María José Valverde The Ocean Is the Next Geopolitical Battleground
  3. Claudio de Sanctis Rethinking Ocean Finance