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    The Great Crypto Heist

    Nouriel Roubini

    Cryptocurrencies have given rise to an entire new criminal industry, comprising unregulated offshore exchanges, paid propagandists, and an army of scammers looking to fleece retail investors. Yet, despite the overwhelming evidence of rampant fraud and abuse, financial regulators and law-enforcement agencies remain asleep at the wheel.

  2. PS25
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    Deconstructing Yeltsin

    Mar 26, 1998 Nina L. Khrushcheva

    To commemorate its founding 25 years ago, PS will be republishing over the coming months a selection of commentaries written since 1994. 

    In the following commentary from 1998, Nina Khrushcheva argues that rather than regard Boris Yeltsin’s behavior as erratic, we should recognize it as a declaration that he remains strong and powerful, and plans to occupy high office for years to come. He didn’t, but does it hold true for Putin?

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    The Exploitation Time Bomb

    Jayati Ghosh

    Worsening economic inequality in recent years is largely the result of policy choices that reflect the political influence and lobbying power of the rich. There is now a self-reinforcing pattern of high profits, low investment, and rising inequality – posing a threat not only to economic growth, but also to democracy.

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EU, Onward

Featured in this Big Picture
  1. Philippe Legrain,
  2. Daniela Schwarzer

The European Council’s choice of candidates to fill the top European Union jobs has brought temporary relief at a politically fraught moment.

But the EU’s new leaders face a daunting challenge: persuading the bloc’s member states to work together toward the shared policies that all of them need.

25 years of the World's Opinion Page
PS25
khr2_Wojtek LaskiGetty Images_boris yeltsin Wojtek Laski/Getty Images

Deconstructing Yeltsin

Mar 26, 1998 Nina L. Khrushcheva

To commemorate its founding 25 years ago, PS will be republishing over the coming months a selection of commentaries written since 1994. 

In the following commentary from 1998, Nina Khrushcheva argues that rather than regard Boris Yeltsin’s behavior as erratic, we should recognize it as a declaration that he remains strong and powerful, and plans to occupy high office for years to come. He didn’t, but does it hold true for Putin?

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Half of the world’s population live in cities, and that share is growing rapidly. How can cities expand, maintain services and communities, and be envi… read more

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