Project Syndicate - the Smartest Op-Ed Articles from the World's Thought Leaders

Business & Finance
The Underside of Uber
Lucy P. Marcus

Business & Finance
The Underside of Uber

Lucy P. Marcus JUN 23, 2017 7

Lucy P. Marcus takes the company's board members and investors to task for enabling its ex-CEO's damaging behavior.
Spencer Platt/Getty Images
While the car-hailing app Uber’s board members and investors have received an outpouring of praise in recent days for forcing CEO Travis Kalanick to resign, they don’t deserve it. On the contrary, while Kalanick did indeed need to go, the move was long overdue – and it was delayed for all the wrong reasons. READ MORE
World Affairs
Revisiting the Global Order
Javier Solana

World Affairs
Revisiting the Global Order

Javier Solana JUN 23, 2017 4

Javier Solana believes new leadership is needed to ensure an open, inclusive global system.
Mark Schiefelbein/Pool/Getty Images
The Pax Americana of the last half-century is on life support, but liberalism and multilateralism are not dead yet. An inclusive and mutually beneficial global system can still be resuscitated, if we begin to think differently about where the centers of influence are located. READ MORE
Business & Finance
An IMF Bridge to Somewhere for Greece?
Mohamed A. El-Erian

Business & Finance
An IMF Bridge to Somewhere for Greece?

Mohamed A. El-Erian JUN 21, 2017 16

Mohamed A. El-Erian says a compromise to prevent a default next month will work only if debt forgiveness follows.
NurPhoto/Getty Images
The IMF has resurrected an old technique – commonly used in the 1980s during the Latin American debt crisis – that will allow Greece to avoid a payment default next month on debt owed to European creditors. But the Fund’s elegant compromise still leaves Greece under the shadow of an enormous debt overhang. READ MORE
Business & Finance
Trump’s Sugar Swamp
Jeffrey Frankel

Business & Finance
Trump’s Sugar Swamp

Jeffrey Frankel JUN 22, 2017 3

Jeffrey Frankel condemns the US government's protection of a highly damaging domestic industry.
Joe Raedle/Getty Images
As the US, Mexico, and Canada prepare to renegotiate NAFTA, much attention is being devoted to sugar. Indeed, the negotiations will probably produce a sweet deal for the US sugar industry, highlighting the emptiness of Donald Trump’s promise to reduce the influence of special interests over US policy. READ MORE
Culture & Society
Reinventing the French People
Bernard-Henri Lévy

Culture & Society
Reinventing the French People

Bernard-Henri Lévy JUN 22, 2017 9

Bernard-Henri Lévy laments the record-low turnout in the second round of France's parliamentary election.
Benjamin Cremel/AFP/Getty Images
French President Emmanuel Macron’s plan to obtain a majority in the National Assembly was a resounding success. But there is more to it than that: 57% of French voters – a record high – abstained during the second round of the parliamentary election. READ MORE

The Underside of Uber

Revisiting the Global Order

An IMF Bridge to Somewhere for Greece?

Trump’s Sugar Swamp

Reinventing the French People

Video

PS On Air: Joseph Nye on Trump and the Liberal World Order

Economics in Transition

The University of Manchester’s Diane Coyle reviews three recent books assessing what has and hasn’t changed in economic thinking and research since the 2008 crisis.

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