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  1. op_galbraith6_ Brad BarketGetty Images for Action_protest Brad Barket/Getty Images

    The Roots of American Misery

    James K. Galbraith

    While there is no shortage of Ivy League scholars offering ambitious explanations for everything that ails the United States today, there does seem to be a scarcity of sound, fact-based analysis. In fact, the failure of elites to see what is really afflicting the country is itself one of the biggest problems.

    reviews three books by leading scholars on the roots of the country's political and socioeconomic discontent.
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  2. 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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op_galbraith6_ Brad BarketGetty Images for Action_protest Brad Barket/Getty Images

The Roots of American Misery

James K. Galbraith

While there is no shortage of Ivy League scholars offering ambitious explanations for everything that ails the United States today, there does seem to be a scarcity of sound, fact-based analysis. In fact, the failure of elites to see what is really afflicting the country is itself one of the biggest problems.

reviews three books by leading scholars on the roots of the country's political and socioeconomic discontent.
6
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.

0
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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