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Our latest virtual event, What Economics is Missing, is now live. Click here to watch Minouche Shafik, Dani Rodrik, Vera Songwe, and others discuss how to achieve inclusivity in economics. 

  1. varoufakis101_Justin SullivanGetty Images_svb Justin Sullivan/Getty Images
    6

    Let the Banks Burn

    Yanis Varoufakis

    The banking system we take for granted is unfixable. The good news is that we no longer need to rely on any private, rent-seeking, socially destabilizing network of banks, at least not the way we have so far.

     shows why the current private system is unfixable – and why we don’t need to tolerate it anymore.
  2. slaughter96_melitasGetty Images_cooperative melitas/Getty Images
    1

    Beyond Industrial Policy

    Anne-Marie Slaughter & Elizabeth Garlow

    The emerging breed of industrial policies, which emphasize production, fair wages, and localism, could serve as the basis for post-neoliberal economies. But to tackle the challenges of the twenty-first century and ensure a sustainable future, we need a policy framework that recognizes the value of human connection.

     make the case for an economic strategy that prioritizes shared prosperity over competition.
  3. sinn109_ DANIEL ROLANDAFP via Getty Images_financial crisis DANIEL ROLAND/AFP via Getty Images
    0

    Accounting for Casino Capitalism

    Hans-Werner Sinn draws parallels between recent bank collapses and the late-nineteenth-century “founders’ crash.”
  4. songwe8_NIPAH DENNISAFP via Getty Images_ghana NIPAH DENNIS/AFP via Getty Images
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    Where Is the Global South’s Rescue Brigade?

    Vera Songwe decries the unequal responses to liquidity crises in Silicon Valley compared to the developing world.
  5. zadek25_ FABRICE COFFRINIAFP via Getty Images_creditsuisseUBS Fabrice Coffrini/AFP via Getty Images
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    Who Should Be Bailed Out Next?

    Simon Zadek urges rich-country governments to aid debt-distressed poor countries as urgently as they have their failing banks.
  6. roach151_ TIMOTHY A. CLARYAFP via Getty Images)_svb collapse TIMOTHY A. CLARY/AFP via Getty Images)
    6

    How China Benefits from Another US Banking Crisis

    Stephen S. Roach thinks America’s latest financial trouble will reinforce a narrative of terminal national decline.
  7. acemoglu55_Getty Images Dan Kitwood/Getty Images
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    In Search of a New Political Economy

    Daron Acemoglu identifies five questions that must be addressed to bring policymaking into the twenty-first century.
  8. callegari1_Getty Images_crowd population Getty Images
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    The Population Boon

    Beniamino Callegari & Per Espen Stoknes correct popular myths about the threat of demographic growth to sustainable development.
  9. op_schell1_Andrea VerdelliGetty Images_xijinping Andrea Verdelli/Getty Images
    15

    Xi Jinping’s Chinese Tragedy

    Orville Schell interviewed by Irena Grudzińska Gross about the country's increasingly worrisome trajectory, both at home and abroad.
  10. PS Events: What Economics is Missing
    WEIM_1200x628-Event

    PS Events: What Economics is Missing

    Our latest event, What Economics is Missing, is now live.

    Click the link below for opening remarks from Dani Rodrik, followed by a discussion among Ashwini Deshpande, Raquel Fernández, Minouche Shafik, and Vera Songwe on how to achieve inclusivity in economics.

    Watch Now

Latest

  1. Accounting for Casino Capitalism
    sinn109_ DANIEL ROLANDAFP via Getty Images_financial crisis DANIEL ROLAND/AFP via Getty Images

    Accounting for Casino Capitalism

    Mar 27, 2023 Hans-Werner Sinn draws parallels between recent bank collapses and the late-nineteenth-century “founders’ crash.”

  2. Who Should Be Bailed Out Next?
    zadek25_ FABRICE COFFRINIAFP via Getty Images_creditsuisseUBS Fabrice Coffrini/AFP via Getty Images

    Who Should Be Bailed Out Next?

    Mar 27, 2023 Simon Zadek urges rich-country governments to aid debt-distressed poor countries as urgently as they have their failing banks.

  3. The Population Boon
    callegari1_Getty Images_crowd population Getty Images

    The Population Boon

    Mar 27, 2023 Beniamino Callegari & Per Espen Stoknes correct popular myths about the threat of demographic growth to sustainable development.

  4. Where Is the Global South’s Rescue Brigade?
    songwe8_NIPAH DENNISAFP via Getty Images_ghana NIPAH DENNIS/AFP via Getty Images

    Where Is the Global South’s Rescue Brigade?

    Mar 27, 2023 Vera Songwe decries the unequal responses to liquidity crises in Silicon Valley compared to the developing world.

  5. Beyond Industrial Policy
    slaughter96_melitasGetty Images_cooperative melitas/Getty Images

    Beyond Industrial Policy

    Mar 27, 2023 Anne-Marie Slaughter & Elizabeth Garlow make the case for an economic strategy that prioritizes shared prosperity over competition.

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  1. op_schell1_Andrea VerdelliGetty Images_xijinping Andrea Verdelli/Getty Images
    13

    Xi Jinping’s Chinese Tragedy

    Orville Schell interviewed by Irena Grudzińska Gross about the country's increasingly worrisome trajectory, both at home and abroad.
  2. GettyImages-1171447879
    13

    Richard Haass on Russia, Taiwan, and US democracy

    Richard Haass explains what caused the Ukraine war, urges the West to scrutinize its economic dependence on China, proposes ways to reverse the dangerous deterioration of democracy in America, and more.
  3. op_haass3_Chris HondrosGetty Images_iraqwar Chris Hondros/Getty Images
    13

    Revisiting America’s War of Choice in Iraq

    Richard Haass considers the enduring lessons from a foreign intervention that was both ill-conceived and poorly executed.
  4. BQ SVB China News Service / Contributor via Getty Images
    3

    PS Commentators Respond: Is a New Financial Crisis Underway?

    Featured in this Big Question

    Harold James, Simon Johnson, Stephen S. Roach, Kenneth Rogoff, Anne C. Sibert

    The US government’s pledge to do “whatever is needed” to protect the banking system after Silicon Valley Bank’s collapse last week did little to reassure markets, which have continued to slide. At a time when the US Federal Reserve is considering further interest-rate hikes to tame inflation, we asked PS commentators how bad things are likely to get, for the US and the world.

  5. op_livingston2_Beata ZawrzelNurPhoto via Getty Images_capitalisamprotest Beata Zawrzel/NurPhoto via Getty Images
    11

    The Sense of an Ending

    James Livingston surveys the intellectual terrain created by the transition from capitalism as we have come to know it.
  6. BQ - big tech Anna Moneymaker / Staff via Getty Images
    1

    PS Commentators Respond: Can the US Rein in Big Tech?

    Featured in this Big Question

    Anu Bradford, Tim O'Reilly, Ilan Strauss, Mariana Mazzucato, Tommaso Valletti

    While the European Union has gradually tightened the screws on tech giants, America’s regulatory bark has so far been bigger than its bite. With Big Tech’s competition-crushing market power continuing to grow, we asked PS commentators why the US continues to lag, and what it would take to make real progress.

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  1. fayolle3_MUNIR UZ ZAMANAFP via Getty Images_drinking water MUNIR UZ ZAMAN/AFP via Getty Images
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    The Water Crisis Is a Vital Investment Opportunity

    Ambroise Fayolle & Henk Ovink calls for new thinking about how we value the planet’s most important natural resource.
  2. grafton2_ SIMON MAINAAFP via Getty Images_water SIMON MAINA/AFP via Getty Images
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    Waking Up to the World’s Water Crisis

    Quentin Grafton, et al. see three overarching priorities for the first global water conference in almost a half-century.
  3. willoughby2_WILLIAM WESTAFP via Getty Images_farms WILLIAM WEST/AFP via Getty Images
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    The Food-System Revolution Is Coming

    Robin Willoughby & Nico Muzi see three big sources of industry-wide disruption that will be beneficial if properly managed.

Opinion that Moves

  1. Hans-Werner Sinn Accounting for Casino Capitalism
  2. Simon Zadek Who Should Be Bailed Out Next?
  3. Vera Songwe Where Is the Global South’s Rescue Brigade?
  4. Anne-Marie Slaughter, et al. Beyond Industrial Policy

  1. Anders Fogh Rasmussen The Other Conflict on Europe’s Doorstep
  2. Brahma Chellaney America’s Interest in Ending the Ukraine Crisis
  3. Carl Bildt Hell in the Holy Land
  4. Kent Harrington What Do America’s Spies Really Think About China?

  1. William A. Haseltine A Path Out of the Pandemic
  2. Miriam Mutebi Winning the Cancer War in Sub-Saharan Africa
  3. Ifeanyi M. Nsofor Decolonizing Global Health Leadership
  4. Koketso Moeti Protecting Public Health from Big Food

  1. Ambroise Fayolle, et al. The Water Crisis Is a Vital Investment Opportunity
  2. Quentin Grafton, et al. Waking Up to the World’s Water Crisis
  3. Mariana Mazzucato, et al. Confronting the Global Water Crisis
  4. Jayati Ghosh The High Cost of Carbon Pricing

  1. Daron Acemoglu, et al. How to Fix the Platform Economy
  2. Olivia White, et al. Reimagining Global Integration
  3. Robert Muggah, et al. AI and the Global South
  4. Brian Callaci Curbing Merger Mania

  1. Beniamino Callegari, et al. The Population Boon
  2. Slavoj Žižek Artificial Idiocy
  3. Christy Braham Who Gets Squeezed by Austerity?
  4. Claire Hutchings How Governments Can Reach Those Furthest Behind First

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

  1. Miriam Mutebi Winning the Cancer War in Sub-Saharan Africa
  2. Kingsley Moghalu Nigeria’s Make-or-Break Election
  3. Safia Boly, et al. How to Transform African Agriculture

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. William A. Haseltine A Path Out of the Pandemic
  2. Ifeanyi M. Nsofor Decolonizing Global Health Leadership
  3. Nicholas B. Dirks Rebuilding Trust in Science