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    D-Day and the Threat of Total War

    Robert Skidelsky

    After eight decades of relative peace, the world is once again dividing into hostile economic and geopolitical blocs. The 80th anniversary of the invasion of Normandy offers a valuable opportunity to reflect on the principles we are willing to defend and the sacrifices we are prepared to make.

    thinks understanding the causes and consequences of past global conflicts is crucial to preventing another one.
  2. op_benami1_LOUAI BESHARAAFP via Getty Images_syriaconflict Louai Beshara/AFP via Getty Images

    Anatomy of a Massacre

    Shlomo Ben-Ami

    The 1860 massacre of Christians in Damascus holds useful lessons about what it takes to arrest – and recover from – inter-communal violence. But there is a difference between a pogrom and a genocide, and conflating the two can do more harm than good.

    considers what the 1860 massacre of Christians in Damascus can and cannot teach us about preventing genocide.
  3. ghazouani1_YANICK FOLLYAFP via Getty Images_africachildren Yanick Folly/AFP via Getty Images

    Putting Africa on the Path to Prosperity

    Mohamed Ould Ghazouani & Ajay Banga urge the G7 to focus on the continent’s future, and on five priorities in particular, at this week’s summit.
  4. obstfeld4_Jabin BotsfordThe Washington Post via Getty Images_trumplighthizer Jabin Botsford/The Washington Post via Getty Images

    The Dangers of a US Capital Inflow Tax

    Maurice Obstfeld worries that a little-known, highly costly method of deficit reduction is gaining political traction.
  5. slobodian1_ Drew AngererGetty Images_peterthieltrump Drew Angerer/Getty Images

    How Techno-Libertarians Fell in Love with Big Government

    Quinn Slobodian argues Silicon Valley investors are against the state only insofar as it is not enriching them personally.
  6. pistor35_Chip SomodevillaGetty Images_trump and business Chip Somodevilla/Getty Images
    Free to read

    American Business Will Regret Writing Off Democracy

    Katharina Pistor explains why endorsing Donald Trump is a bad bet for today’s titans of the US economy.
  7. admati4 Getty Images

    Accountability Holds the Key to Restoring Trust in Democracy

    Anat R. Admati argues that recklessness and deception flourish when their root causes are poorly understood.
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    Free to read

    A Monetary and Economic Order Fit for the Twenty-First Century

    Ulrich Volz, et al. identify eight priorities to build a more resilient, inclusive, and sustainable global financial architecture.
  9. bp industrial policy Photo by Scott Olson/Getty Images
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    What Comes After Neoliberalism?

    Featured in this Big Question

    Mehrsa Baradaran , Anne O. Krueger , Mariana Mazzucato , Dani Rodrik , Joseph E. Stiglitz , Michael R. Strain

    Governments that had spent nearly a half-century preaching the virtues of free trade, deregulation, and hyperglobalization are now imposing import tariffs and export restrictions, adopting industrial policies, and lavishing subsidies on domestic firms in favored sectors, like green tech. With many observers heralding the death of neoliberalism, we asked PS commentators what comes next.

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Latest

  1. D-Day and the Threat of Total War
    skidelsky202_BettmannGetty Images_d-day Bettmann/Getty Images

    D-Day and the Threat of Total War

    Jun 17, 2024 Robert Skidelsky thinks understanding the causes and consequences of past global conflicts is crucial to preventing another one.

  2. The Dangers of a US Capital Inflow Tax
    obstfeld4_Jabin BotsfordThe Washington Post via Getty Images_trumplighthizer Jabin Botsford/The Washington Post via Getty Images

    The Dangers of a US Capital Inflow Tax

    Jun 14, 2024 Maurice Obstfeld worries that a little-known, highly costly method of deficit reduction is gaining political traction.

  3. Europe’s Green Transition Requires More Skilled Workers
    beaufils1_ Alain DENANTESGamma-Rapho via Getty Images_solar panels Alain DENANTES/Gamma-Rapho via Getty Images

    Europe’s Green Transition Requires More Skilled Workers

    Jun 14, 2024 Julie Beaufils urges policymakers to boost the attractiveness of technical vocations by expanding access to apprenticeships.

  4. A Monetary and Economic Order Fit for the Twenty-First Century
    volz8_iStock  Getty Images Plus_global finance iStock / Getty Images Plus
    Free to read

    A Monetary and Economic Order Fit for the Twenty-First Century

    Jun 14, 2024 Ulrich Volz, et al. identify eight priorities to build a more resilient, inclusive, and sustainable global financial architecture.

  5. Putting Africa on the Path to Prosperity
    ghazouani1_YANICK FOLLYAFP via Getty Images_africachildren Yanick Folly/AFP via Getty Images

    Putting Africa on the Path to Prosperity

    Jun 14, 2024 Mohamed Ould Ghazouani & Ajay Banga urge the G7 to focus on the continent’s future, and on five priorities in particular, at this week’s summit.

Trending

  1. op_benami1_LOUAI BESHARAAFP via Getty Images_syriaconflict Louai Beshara/AFP via Getty Images

    Anatomy of a Massacre

    Shlomo Ben-Ami

    The 1860 massacre of Christians in Damascus holds useful lessons about what it takes to arrest – and recover from – inter-communal violence. But there is a difference between a pogrom and a genocide, and conflating the two can do more harm than good.

    considers what the 1860 massacre of Christians in Damascus can and cannot teach us about preventing genocide.
  2. GettyImages-626268896

    Carla Norrlöf on NATO, the US dollar, the Gaza war, and more

    Carla Norrlöf advocates an expansion of NATO’s operational focus, suggests ways the US can enhance global confidence in the dollar, offers the Biden administration advice on how to respond to escalating tensions in the Middle East, and more.
  3. benghiat4 Getty Images

    The New-Old Authoritarianism

    Ruth Ben-Ghiat explains how Donald Trump and other “strongmen” leaders are dismantling democracy.
  4. roach141_STRAFP via Getty Images_china trade STR/AFP via Getty Images

    China’s Economy Cannot Export Its Problems Away

    Alicia García-Herrero & Alessio Terzi explain why the current growth strategy will inevitably fail to address the roots of the economy’s problems.
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    Raghuram G. Rajan and Rohit Lamba on Indian job creation, industrial policy, democracy, and more

    Raghuram G. Rajan & Rohit Lamba argue that India must place the highest priority on creating and owning intellectual property, advocate an alternative to interventionist industrial policies like subsidies, call for the decentralization of Indian governance at every level, and more.
  6. op_rajan4_MANJUNATH KIRANAFP via Getty Images_Indiastartup Manjunath Kiran/AFP via Getty Images

    The Indian Election and the Country’s Economic Future

    Raghuram G. Rajan worries that the country will squander its massive potential by trying to emulate China's growth strategy.

It is both the best and the worst of times for democracy – or at least for voting. Although a record-breaking four billion people across 76 countries will have cast ballots in elections this year, democratic institutions are increasingly under strain, and leading watchdogs warn of a broad-based global trend toward “autocratization.”

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  1. beaufils1_ Alain DENANTESGamma-Rapho via Getty Images_solar panels Alain DENANTES/Gamma-Rapho via Getty Images

    Europe’s Green Transition Requires More Skilled Workers

    Julie Beaufils urges policymakers to boost the attractiveness of technical vocations by expanding access to apprenticeships.
  2. reichlin36_KIRILL KUDRYAVTSEVAFP via Getty Images_ecb KIRILL KUDRYAVTSEV/AFP via Getty Images)

    Inflation Targeting in an Age of Climate Change

    Lucrezia Reichlin urges central banks to devise frameworks for balancing their price-stability mandates with other objectives.
  3. timmermans4_ Sean GallupGetty Images_eu natural gas Sean Gallup/Getty Images

    Europe Needs a Green Deal 2.0

    Frans Timmermans outlines several steps policymakers can take to achieve a clean-energy transition while promoting solidarity.

Opinion that Moves

  1. Maurice Obstfeld The Dangers of a US Capital Inflow Tax
  2. Ulrich Volz, et al. A Monetary and Economic Order Fit for the Twenty-First Century
  3. Daniel Gros How Chinese Savings Can Support the Global Green Transition
  4. Dalia Marin Europe Needs Chinese Investment

  1. Michael Ehrenreich How Denmark Keeps the Far Right at Bay
  2. Zaki Laïdi Why Macron Is Risking an Election
  3. Hakainde Hichilema The G7 Cannot Afford to Ignore Africa
  4. Philippe Legrain Europe Must Fight the Far-Right Surge

  1. Mohamed Ould Ghazouani, et al. Putting Africa on the Path to Prosperity
  2. Winnie Byanyima, et al. How to Protect the World from the Next Pandemic
  3. Tom Achoki, et al. Preparing Now for the Next Disease X
  4. Mariana Mazzucato The Economics of Health for All

  1. Julie Beaufils Europe’s Green Transition Requires More Skilled Workers
  2. Lucrezia Reichlin Inflation Targeting in an Age of Climate Change
  3. Frans Timmermans Europe Needs a Green Deal 2.0
  4. Joeri Rogelj The 1.5°C Target for Global Warming Must Prevail

  1. Quinn Slobodian How Techno-Libertarians Fell in Love with Big Government
  2. Jamie Metzl Can AI Foster a Global Consciousness?
  3. Angela Huyue Zhang, et al. The High Cost of GPT-4o
  4. Joshua Gans The Right Way to Regulate AI

  1. Frederico Menino Who’s Afraid of Colonization?
  2. Andrés Velasco The Primacy of Political Order
  3. Hippolyte Fofack Restoring Africa’s Culture and Philosophy Is the Key to Development
  4. Antonio Zappulla To Protect Democracy, Protect Exiled Journalists

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

  1. Mohamed Ould Ghazouani, et al. Putting Africa on the Path to Prosperity
  2. Hakainde Hichilema The G7 Cannot Afford to Ignore Africa
  3. Vera Songwe A New Dawn for US-African Cooperation?

Today’s media landscape is littered with landmines: open hostility from illiberal and autocratic regimes, mounting censorship in countries such as Hungary, Turkey,…

  1. Antonio Zappulla To Protect Democracy, Protect Exiled Journalists
  2. Jodie Ginsberg Our Freedoms Depend on Press Freedom
  3. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?

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

  1. Winnie Byanyima, et al. How to Protect the World from the Next Pandemic
  2. Tom Achoki, et al. Preparing Now for the Next Disease X
  3. Mariana Mazzucato The Economics of Health for All