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  1. borrell18_ Muhammed Emin CanikAnadolu Agency via Getty Images_borrellargentina Muhammed Emin Canik/Anadolu Agency via Getty Images
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    Why Europe and Latin America Need Each Other

    Josep Borrell

    In a world of giants, the EU and Mercosur together represent just 10% of the world’s population and 20% of global GDP. If either wants to wield global influence, it needs the other, making the EU-Mercosur trade agreement a strategic imperative.

     urge European Union and Latin American leaders to revive momentum toward a long-overdue trade agreement.
  2. james198_Michael M. SantiagoGetty Images)_ftx Michael M. Santiago/Getty Images
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    Faking It, Making It, Losing It

    Harold James

    The spectacular rise and fall of FTX and its founder Sam Bankman-Fried were driven by effective marketing, trickery, and financial speculation. In that, they bear a striking resemblance to the disastrous eighteenth-century experiment that fueled the Mississippi Company bubble and created the template for all future Ponzi schemes.

     draws parallels between the FTX collapse and economist John Law’s infamous eighteenth-century scheme in France.
  3. rpersaud18_Marvin Ibo Guengoer - GES SportfotoGetty Images_saudiarabiaworldcup Marvin Ibo Guengoer/GES Sportfoto/Getty Images
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    The World Cup Syndrome

    Raj Persaud reflects on the effects that loving the “beautiful game” can have on one’s health and finances.
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    Elon Musk’s Not-so-Hidden Agenda

    Jason Stanley thinks the mogul's takeover of Twitter reflects his interest in destroying all democratic information spaces.
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    Russia’s Financial Crisis Must Come Sooner

    Simon Johnson shows why a low price cap for the country’s crude exports would render the Kremlin’s war economy untenable.
  6. sheng131Jiang QimingChina News Service via Getty Images_pboc Jiang Qiming/China News Service via Getty Images
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    QE with Chinese Characteristics?

    Andrew Sheng & Xiao Geng urge China to use monetary policy to tackle some of the biggest challenges it faces.
  7. frankel141_Robert HradilGetty Images_wto Robert Hradil/Getty Images
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    Let the WTO Referee Carbon Border Taxes

    Jeffrey Frankel shows how a revived World Trade Organization can play a central role in combating climate change.
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    The Birth of a New International Order

    Joschka Fischer sees global great-power relations taking shape around a Sino-American dominated pentarchy.
  9. op_stiglitz6_Anna MoneymakerGetty Images_USabortionprotest Anna Moneymaker/Getty Images
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    America's Silent Progressive Majority

    Joseph E. Stiglitz considers what the midterm election results indicate about voters' real priorities.
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  1. Russia’s Financial Crisis Must Come Sooner
    johnson156_LOIC VENANCEAFP via Getty Images LOIC VENANCE/AFP via Getty Images

    Russia’s Financial Crisis Must Come Sooner

    Nov 30, 2022 Simon Johnson shows why a low price cap for the country’s crude exports would render the Kremlin’s war economy untenable.

  2. QE with Chinese Characteristics?
    sheng131Jiang QimingChina News Service via Getty Images_pboc Jiang Qiming/China News Service via Getty Images

    QE with Chinese Characteristics?

    Nov 30, 2022 Andrew Sheng & Xiao Geng urge China to use monetary policy to tackle some of the biggest challenges it faces.

  3. Why Europe and Latin America Need Each Other
    borrell18_ Muhammed Emin CanikAnadolu Agency via Getty Images_borrellargentina Muhammed Emin Canik/Anadolu Agency via Getty Images

    Why Europe and Latin America Need Each Other

    Nov 30, 2022 Josep Borrell urge European Union and Latin American leaders to revive momentum toward a long-overdue trade agreement.

  4. Let the WTO Referee Carbon Border Taxes
    frankel141_Robert HradilGetty Images_wto Robert Hradil/Getty Images

    Let the WTO Referee Carbon Border Taxes

    Nov 29, 2022 Jeffrey Frankel shows how a revived World Trade Organization can play a central role in combating climate change.

  5. Elon Musk’s Not-so-Hidden Agenda
    stanley4_Win McNameeGetty Images_elonmusk Win McNamee/Getty Images

    Elon Musk’s Not-so-Hidden Agenda

    Nov 29, 2022 Jason Stanley thinks the mogul's takeover of Twitter reflects his interest in destroying all democratic information spaces.

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    Saadia Zahidi on government spending, debt distress, the Iran protests, and more

    Saadia Zahidi argues that social-safety nets must be customized and targeted to ensure efficiency, advocates a more responsible approach to deficit reduction and fiscal consolidation, describes the complex recipe for helping countries reap the benefits of greater female labor-force participation, and more.
  2. op_stiglitz6_Anna MoneymakerGetty Images_USabortionprotest Anna Moneymaker/Getty Images
    3

    America's Silent Progressive Majority

    Joseph E. Stiglitz considers what the midterm election results indicate about voters' real priorities.
  3. BQ – West Give in to Russia NurPhoto / Contributor via Getty Images
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    Will the West Give in to Russia?

    Featured in this Big Question

    Shlomo Ben-Ami, Simon Johnson, Salome Samadashvili, Charles Tannock

    From soaring inflation to a deepening energy crisis, the United States and Europe are facing no shortage of economic challenges, and Russia’s war against Ukraine – and the sanctions imposed in response to it – bears much of the blame. As Russia launches new rounds of missile attacks, we asked PS commentators what the West should be doing for Ukraine – and how likely it is to do it.

  4. op_lyubka1_Sergei ChuzavkovSOPA ImagesLightRocket via Getty Images_ukrainestatue Sergei Chuzavkov/SOPA Images/LightRocket via Getty Images
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    A Writer’s War

    Andriy Lyubka interviewed by Kate Tsurkan

    Ukrainians have shown the world that they are determined to reclaim their country's territory and drive out all Russian forces. But does that mean they must drive out Bulgakov and Pushkin, too?

     about Ukraine’s literary front – and volunteering on the military one.
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    Thucydides’s Trade Trap

    Featured in this Big Picture

    Dani Rodrik, Pinelopi Koujianou Goldberg, Carl Bildt, Sergei Guriev, Nouriel Roubini

    When it comes to trade policy, the West has lately been embracing the adage, “Keep your friends close.” But will its failure to heed the maxim’s ironic kicker – “and keep your enemies closer” – ultimately hurt their economies, undermine their global standing, and perhaps most important, make war with China more likely?

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    Nouriel Roubini on stagflation, debt distress, financial innovation, and more

    Nouriel Roubini explains why advanced-economy central banks have only bad options, highlights barriers to tackling inequality, predicts that China’s growth slowdown will continue, and more.
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  1. owhite5_Oliver Llaneza HesseConstruction PhotographyAvalonGetty Images_coppermine Oliver Llaneza Hesse/Construction Photography/Avalon/Getty Images
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    Reimagining Our Global Connections

    Olivia White & Jonathan Woetzel show that retreating from global interconnectedness is both unworkable and unnecessary.
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    Nuclear Power Is Not the Answer

    Antony Froggatt shares new findings showing that the technology can no longer compete with renewable-energy options.
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    Clean Power Is the First Domino

    Damilola Ogunbiyi, et al. urge world leaders to focus on full electricity-grid decarbonization to unlock climate progress elsewhere.

Opinion that Moves

  1. Andrew Sheng, et al. QE with Chinese Characteristics?
  2. Jeffrey Frankel Let the WTO Referee Carbon Border Taxes
  3. Suma Chakrabarti, et al. Rebooting the World Bank
  4. Harold James Faking It, Making It, Losing It

  1. Simon Johnson Russia’s Financial Crisis Must Come Sooner
  2. Josep Borrell Why Europe and Latin America Need Each Other
  3. Joschka Fischer The Birth of a New International Order
  4. Stephen S. Roach A Missed Opportunity in Bali

  1. S. Alex Yang, et al. No Easy Exit from Zero-COVID
  2. Werner Hoyer, et al. Global Health Is the Best Investment We Can Make
  3. Mariana Mazzucato, et al. The World Is Still Failing at Pandemic Preparedness and Response
  4. Martin Ignacio Díaz Velásquez A Humanitarian Intervention in the War on Drugs

  1. Olivia White, et al. Reimagining Our Global Connections
  2. Naoko Ishii, et al. Make COP27 a Turning Point for Food Systems
  3. Gernot Wagner Who Pays for Climate Change?
  4. Antony Froggatt Nuclear Power Is Not the Answer

  1. Yanis Varoufakis The Techno-Feudal Method to Musk’s Twitter Madness
  2. Anne-Marie Slaughter, et al. Defending Democracies’ Information Infrastructure
  3. Christopher Pissarides, et al. Leveraging Data for the Public Good
  4. Carl Bildt The Great Chips War

  1. Jason Stanley Elon Musk’s Not-so-Hidden Agenda
  2. Raj Persaud The World Cup Syndrome
  3. Peter Singer Has the FTX Debacle Discredited Effective Altruism?
  4. Julius Maada Bio Africa’s Education Opportunity

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

  1. Julius Maada Bio Africa’s Education Opportunity
  2. Hippolyte Fofack Fairer Green Finance
  3. Tony Blair COP27 Is About Africa and Action

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

  1. Arzu Geybulla Facebook Is Failing Journalists
  2. Anne-Marie Slaughter, et al. Defending Democracies’ Information Infrastructure
  3. Alexander Schallenberg, et al. Defending Democracy’s Defenders

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

  1. S. Alex Yang, et al. No Easy Exit from Zero-COVID
  2. Mariana Mazzucato, et al. The World Is Still Failing at Pandemic Preparedness and Response
  3. Ebere Okereke, et al. Making the Most of Africa’s Pandemic Dividend