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    Trump’s Last Stand for Apartheid America

    Jeffrey D. Sachs The long history of America’s state-sponsored racism will draw to an end in the coming generation. Yet the damage that Trump’s brand of white nationalism could still cause to the US and the world if he wins a second term makes the election easily the most important in modern American history.   explains why the US and the world will not be safe until the avatar of white supremacy is no longer in power.
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    China Leads Again

    Stephen S. Roach US President Donald Trump wears his recent experience with COVID-19 infection as some perverse badge of courage, rather than as a warning of what may lie ahead. And the adverse economic consequences of his administration's approach to the pandemic could not contrast more sharply with the robust recovery in China.  contrasts the country's robust and self-sustaining economic recovery with America's continuing weakness.
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Big Tech Reckoning

Featured in this Big Picture
  1. Diane Coyle Diane Coyle ,
  2. Oscar Jonsson Oscar Jonsson ,
  3. Dambisa Moyo Dambisa Moyo ,
  4. Taylor Owen Taylor Owen ,
  5. Robert B. Reich Robert B. Reich ,
  6. Dani Rodrik Dani Rodrik

Policymakers on both sides of the Atlantic are increasingly unwilling to leave the governance of technology in the hands of those who design it. But will they succeed in taming Big Tech and developing global rules for the digital economy, or will dominant platforms and national interests prevail?

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The People’s Bankers?

Featured in this Big Picture
  1. Stefan Gerlach,
  2. Koichi Hamada,
  3. Otmar Issing,
  4. Hélène Rey,
  5. John B. Taylor

In little more than a decade, the global financial crisis, climate change, and the COVID-19 pandemic have transformed the monetary-policy environment. How responsive central banks should be to shifts in public opinion, and how broadly they should interpret their mandates, have become urgent questions for those who run them.

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The Post-Pandemic Firm

Featured in this Big Picture
  1. Antonio Andreoni,
  2. Rebecca Henderson,
  3. Mariana Mazzucato,
  4. Raghuram G. Rajan,
  5. Dani Rodrik,
  6. Klaus Schwab

The COVID-19 crisis has prompted renewed calls for corporations to contribute to social welfare and the common good, rather than seeking only to maximize their profits. But stakeholder and shareholder capitalism, though widely viewed as competing models, may have more in common than many think.

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Opinion that Moves

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The African Century

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

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Press Released

Today’s media landscape is littered with landmines: open hostility by US President Donald Trump, mounting censorship in countries such as Hungary, Turkey, a… read more

covid_19_GettyImages_1209209421 Chung Sung-Jun/Getty Images

The COVID-19 Crisis

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