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  1. mazzucato17_David McNewGetty Images_wildfire california David McNew/Getty Images

    Avoiding a Climate Lockdown

    Mariana Mazzucato

    The world is approaching a tipping point on climate change, when protecting the future of civilization will require dramatic interventions. Avoiding this scenario will require a green economic transformation – and thus a radical overhaul of corporate governance, finance, policy, and energy systems. 

    sees no alternative to a radical overhaul of corporate governance, finance, policy, and energy systems.
    3
  2. phelps32_Drew AngererGetty Images_biden Drew Angerer/Getty Images

    The Economic Case for Biden

    Edmund S. Phelps

    US President Donald Trump has seeded the investment environment with uncertainty, trashed America's trade relationships, blown up the fiscal deficit, and left American workers worse off than they were when he took office. He is the polar opposite of Joe Biden, a politician who understands precisely what the US economy needs. 

    explains why the Democratic ticket is better not just for American democracy but also for the US economy.
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    Enjoy unlimited access to the ideas and opinions of the world's leading thinkers, including weekly long reads, book reviews, and interviews; The Year Ahead annual print magazine; the complete PS archive; and more – All for less than $9 a month.

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Abe Suga Eugene Hoshiko - Pool/Getty Images

Japan After Abe

Featured in this Big Picture
  1. Bill Emmott Bill Emmott ,
  2. Daniel Gros Daniel Gros ,
  3. Akira Kawamoto Akira Kawamoto ,
  4. Kathy Matsui Kathy Matsui ,
  5. Minxin Pei Minxin Pei

Prime Minister Shinzo Abe’s unexpected resignation for health reasons has ended the tenure of Japan’s longest-serving premier, raising questions about the future direction of economic and foreign policy. His successor, Yoshihide Suga, who was Abe’s closest ally in government, must now convince voters and the rest of the world that he is up to the job.

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Debt pandemic Patcharapon Pachasirisakun/iStock/Getty Images

The Debt Pandemic

Featured in this Big Picture
  1. Elmira Bayrasli,
  2. Todd G. Buchholz,
  3. Stephanie Kelton,
  4. Anne O. Krueger,
  5. Raghuram G. Rajan,
  6. George Soros,
  7. Adair Turner

As rich-country governments spend unprecedented sums to mitigate COVID-19’s economic impact, levels of public debt unseen since World War II seem like a problem for another day. But once the pandemic has passed, the inevitable question will arise: Who will foot the bill?

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Manhattan skyline Xinhua/Wang Ying via Getty Images

Farewell, Big City?

Featured in this Big Picture
  1. Edoardo Campanella,
  2. Ian Goldin,
  3. Ricardo Hausmann,
  4. Harold James,
  5. Robert Muggah,
  6. Carlo Ratti,
  7. Patricia Viel

Since the Industrial Revolution, major urban hubs have powered the global economy by serving as magnets for talent and capital. But as COVID-19 continues to wreak havoc and millions discover the benefits of remote working, are the megacities of the pre-pandemic era approaching their expiration date?

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The African Century

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

Press Released1

Press Released

Today’s media landscape is littered with landmines: open hostility by US President Donald Trump, mounting censorship in countries such as Hungary, Turkey, a… read more

covid_19_GettyImages_1209209421 Chung Sung-Jun/Getty Images

The COVID-19 Crisis

As the COVID-19 crisis escalates, PS commentators assess its implications for the economy, propose policy responses, and consider what might – and sho… read more