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  1. haldar28_Chip SomodevillaGetty Images_shiller Chip Somodevilla/Getty Images
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    The Twilight Zone of Economics

    Antara Haldar

    While Chicago School orthodoxy says that humans can’t beat markets, behavioral economists insist that it’s humans who make markets, which means that humans can strive to improve their functioning. Which claim you believe has important implications for both economic theory and financial regulation.

     uses Nobel laureate Robert J. Shiller’s work to buttress the case for a behavioral approach to economics.
  2. johnson171_Mark Schiefelbein - PoolGetty Images_US china Mark Schiefelbein - Pool/Getty Images
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    Western Firms Should Leave China Now

    Simon Johnson, et al.

    Since the 1990s, Western companies have invested a fortune in the Chinese economy, and tens of thousands of Chinese students have studied in US and European universities or worked in Western companies. None of this made China more democratic, and now it is heading toward an economic showdown with the US.

     argue that the strategy of economic engagement has failed to mitigate the Chinese regime’s behavior.
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    Europe Knows that Climate Action Is Vital to Global Security

    Josep Borrell & Wopke Hoekstra reiterates the EU’s commitment to advancing mitigation and adaptation, at home and globally.
  4. Avineri, Shlomo (2) topic

    Shlomo Avineri (1933-2023)

    A professor of political science at Hebrew University and the author of indispensable books on Hegel, Marx, and the intellectual history of Zionism, Shlomo Avineri was equally at home in the world of practical policymaking, serving in the 1970s as director-general of Israel’s Ministry of Foreign Affairs. Click here to read Avineri’s commentaries for Project Syndicate, to which he contributed frequently since 1997.

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    We Are All Argentines

    Andrés Velasco explains why voters support misguided economic policies even after they have failed repeatedly.
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    Water and the High Price of Bad Economics

    Mariana Mazzucato, et al. explain why new thinking is needed to address a crisis closely linked to climate change and biodiversity loss.
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    Will High Interest Rates Trigger a Debt Disaster?

    James K. Galbraith shows that renewed warnings about dangerous debt-to-GDP ratios are belied by history and recent experience.
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    Nature as Infrastructure

    Erik Berglöf urges leaders to assess what natural landscapes can deliver before considering “grey” solutions.
  9. bloomberg6_Getty Images_cop28 Getty Images
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    At COP28, Cities Will Show Us the Way

    Michael R. Bloomberg & Yvonne Aki-Sawyerr call attention to subnational efforts to drive climate-change mitigation and adaptation efforts.
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  1. Western Firms Should Leave China Now
    johnson171_Mark Schiefelbein - PoolGetty Images_US china Mark Schiefelbein - Pool/Getty Images

    Western Firms Should Leave China Now

    Dec 4, 2023 Simon Johnson, et al. argue that the strategy of economic engagement has failed to mitigate the Chinese regime’s behavior.

  2. We Are All Argentines
    velasco143_LUIS ROBAYOAFP via Getty Images_milei LUIS ROBAYO/AFP via Getty Images

    We Are All Argentines

    Dec 4, 2023 Andrés Velasco explains why voters support misguided economic policies even after they have failed repeatedly.

  3. The Twilight Zone of Economics
    haldar28_Chip SomodevillaGetty Images_shiller Chip Somodevilla/Getty Images

    The Twilight Zone of Economics

    Dec 4, 2023 Antara Haldar uses Nobel laureate Robert J. Shiller’s work to buttress the case for a behavioral approach to economics.

  4. Nature as Infrastructure
    berglof37_KHALED DESOUKIAFP via Getty Images_mangroves

    Nature as Infrastructure

    Dec 4, 2023 Erik Berglöf urges leaders to assess what natural landscapes can deliver before considering “grey” solutions.

  5. Europe Knows that Climate Action Is Vital to Global Security
    borrell22_Sean GallupGetty Images_renewable energy Sean Gallup/Getty Images

    Europe Knows that Climate Action Is Vital to Global Security

    Dec 1, 2023 Josep Borrell & Wopke Hoekstra reiterates the EU’s commitment to advancing mitigation and adaptation, at home and globally.

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    Market Power Is Permanent, and Technological Competition Does Not Remove It

    Mordecai Kurz

    Rather than reducing concentrated market power through “disruption” or “creative destruction,” technological innovation historically has only added to the problem, by awarding monopolies to just one or a few dominant firms. And market forces offer no remedy to the problem; only public policy can provide that.

     shows that technological change leads not to disruption, but to deeper, more enduring forms of market power.
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    Antara Haldar on behavioral economics, development models, global governance, and more

    Antara Haldar advocates a radical rethink of development, explains what went right at the recent AI Safety Summit, highlights the economics discipline’s shortcomings, and more.
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    Our Megathreatened Age

    Nouriel Roubini predicts a bright future – if we can survive the next few decades of economic instability and political chaos.
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    Holiday 2023 Reading List

    PS editors highlight recent works by PS contributors that belong on your holiday shopping list.
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    The New Industrial Policy and Its Critics

    Laura Tyson & John Zysman explain how a government-led economic strategy can promote market competition and innovation.
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    The Hidden Gender Wealth Gap

    Céline Bessière & Sibylle Gollac document an underappreciated form of inequality that threatens to set women back once again.

Despite global emissions continuing to rise, scientists and some climate leaders insist that we can still keep the Paris climate agreement alive and limit global warming to 1.5°C. Doing so, however, will require an unprecedented deployment of new technologies, infrastructure, and financing on a global scale – starting immediately.

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  1. berglof37_KHALED DESOUKIAFP via Getty Images_mangroves
    0

    Nature as Infrastructure

    Erik Berglöf urges leaders to assess what natural landscapes can deliver before considering “grey” solutions.
  2. lappe1_Sjoerd van der WalGetty Images_farming Sjoerd van der Wal/Getty Images
    Free to read
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    Decarbonizing Our Food

    Anna Lappé & Patty Fong show that two of the sectors most relevant to climate change are more interlinked than many realize.
  3. bloomberg6_Getty Images_cop28 Getty Images
    2

    At COP28, Cities Will Show Us the Way

    Michael R. Bloomberg & Yvonne Aki-Sawyerr call attention to subnational efforts to drive climate-change mitigation and adaptation efforts.

Opinion that Moves

  1. Antara Haldar The Twilight Zone of Economics
  2. James K. Galbraith Will High Interest Rates Trigger a Debt Disaster?
  3. Mariana Mazzucato, et al. Water and the High Price of Bad Economics
  4. Yu Yongding Fixing China’s Real-Estate Sector

  1. Simon Johnson, et al. Western Firms Should Leave China Now
  2. Andrés Velasco We Are All Argentines
  3. Josep Borrell, et al. Europe Knows that Climate Action Is Vital to Global Security
  4. Sławomir Sierakowski Poland’s Democratic Rebirth Pains

  1. Giacomo Anastasia, et al. What to Do About Ukraine’s Brain Drain
  2. Kate Hampton, et al. What We Can Do About Food Insecurity
  3. Marisa Peyre, et al. To Prevent the Next Pandemic, Follow the Science
  4. Lia Tadesse Financing Family Planning in Low-Income Countries

  1. Erik Berglöf Nature as Infrastructure
  2. Anna Lappé, et al. Decarbonizing Our Food
  3. Michael R. Bloomberg, et al. At COP28, Cities Will Show Us the Way
  4. Patricia Espinosa, et al. Accelerating Latin America’s Clean-Energy Revolution

  1. Katharina Pistor In AI, Capital Wins Again
  2. Ari Juels, et al. Whither Crypto?
  3. Michael R. Strain The Jobless AI Future Is Still a Long Way Off
  4. J. Bradford DeLong The Attention Economy Goes to Court

  1. Haaris Mateen, et al. What Google and Facebook Owe News Publishers
  2. Marta Schaaf, et al. Why COP28 Has Already Failed
  3. Nancy Qian Zero-COVID’s Long Tail
  4. Teresa Marchiori Justice for Street Vendors

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

  1. Hippolyte Fofack The Technologies African Farmers Need
  2. Hippolyte Fofack Niger’s Colonial-Style Resource Curse
  3. Tsitsi Masiyiwa How Africa Can Make the Most of Diaspora Finance

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

  1. Haaris Mateen, et al. What Google and Facebook Owe News Publishers
  2. Laura Tyson, et al. To Protect Democracy, Revive Local Journalism
  3. James Deane Britain’s Turn Against Championing Media Freedom

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

  1. Nancy Qian Zero-COVID’s Long Tail
  2. Marisa Peyre, et al. To Prevent the Next Pandemic, Follow the Science
  3. Mariana Mazzucato Unlocking Health Technology’s Potential for All