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    The Meritocracy Muddle

    Eric Posner

    Although populism in Western democracies is nothing new, resentment toward elites and experts has certainly been on the rise. Does this trend reflect a breakdown in the system, or a system that is actually working too well?

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    The Amazon and You

    Richard N. Haass

    Sovereignty entails obligations as well as rights, and where compliance cannot be induced, pressure must be applied. And though positive incentives to encourage and enable compliance would be preferable, Brazil's government is showing that there must be sticks where carrots are not enough.

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  3. PS25
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    Alternatives to Austerity

    Dec 6, 2010 Joseph E. Stiglitz

    To commemorate its founding 25 years ago, PS will be republishing over the coming months a selection of commentaries written since 1994.

    In the following commentary, Joseph E. Stiglitz argued that the best route to deficit reduction in the US was not budget cuts, but stronger growth.

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GettyImages-1151170958 ADRIAN DENNIS/AFP/Getty Images

The Meritocracy Muddle

Eric Posner

Although populism in Western democracies is nothing new, resentment toward elites and experts has certainly been on the rise. Does this trend reflect a breakdown in the system, or a system that is actually working too well?

4
boris_coup_bp_Getty_Images Victoria Jones - WPA Pool/Getty Images

A Very Boris Coup

Featured in this Big Picture
  1. Anatole Kaletsky Anatole Kaletsky ,
  2. Nina L. Khrushcheva Nina L. Khrushcheva ,
  3. Philippe Legrain Philippe Legrain ,
  4. Chris Patten Chris Patten ,
  5. Guy Verhofstadt Guy Verhofstadt

Throwing both caution and democratic norms to the wind, British Prime Minister Boris Johnson has moved to block any parliamentary challenge to his Brexit agenda. Regardless of whether the country suffers a “hard” Brexit, its politics may already have been irreparably damaged.

3
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Trump’s Economy

Featured in this Big Picture
  1. Robert J. Barro,
  2. Lenny Mendonca,
  3. Jim O'Neill,
  4. Nouriel Roubini,
  5. Joseph E. Stiglitz,
  6. Laura Tyson

With no end in sight for US President Donald Trump’s trade war, market jitters about a possible global recession are increasing. And, having blown up the federal budget deficit and pressured the Federal Reserve to cut interest rates, the next downturn, when it comes, is likely to be long and deep.

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25 years of the World's Opinion Page
PS25
stiglitz133_Warrick PageGetty Images_austerity protest Warrick Page/Getty Images

Alternatives to Austerity

Dec 6, 2010 Joseph E. Stiglitz

To commemorate its founding 25 years ago, PS will be republishing over the coming months a selection of commentaries written since 1994.

In the following commentary, Joseph E. Stiglitz argued that the best route to deficit reduction in the US was not budget cuts, but stronger growth.

0

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