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    Making Sense of Society

    Michael Spence

    A 2022 book argues that the only effective responses to government or market deficiencies come from civil society. When society is “malfunctioning” – for example, owing to deep polarization or fragmentation – that response mechanism is disrupted, and can even stop working altogether.

    considers why a healthy civil society is crucial to good governance and inclusive prosperity.
  2. mazzucato63_Matt CardyGetty Images_kids using social media Matt Cardy/Getty Images

    The Algorithm and Its Discontents

    Mariana Mazzucato & Ilan Strauss

    Deploying algorithms to maximize user engagement is how Big Tech firms maximize shareholder value, with short-term profits often overriding longer-term business objectives. Now that AI is poised to supercharge the platform economy, new rules and governance structures are urgently needed to safeguard the public.

    propose five principles to ensure that the digital economy serves the public good before short-term profit.
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    A Global Cash-Transfer Fund Could End Extreme Poverty

    Cina Lawson & Rory Stewart show that the conditions are ripe for deploying lump-sum payments to the world’s poorest people.
  4. haldar31_Sefa KaracanAnadolu AgencyGetty Images_navalny Sefa Karacan/Anadolu Agency/Getty Images

    Shock Therapy Killed Navalny

    Antara Haldar argues that while Vladimir Putin bears responsibility, so do the economic policies that put him in power.
  5. rbrooks1_Markus Scholzpicture alliance via Getty Images_germanyshipping Markus Scholz/picture alliance via Getty Images

    Putin’s Silk Road Around Sanctions

    Robin Brooks & Simon Johnson urge Europe and the G7 to stop the re-export of Western goods to Russia from Central Asia and the Caucasus.
  6. thallinger3_Sean GallupGetty Images_fossil fuels Sean Gallup/Getty Images

    To Fight Climate Change, End Fossil-Fuel Subsidies

    Günther Thallinger & Ludovic Subran urge policymakers to recognize the true costs of a policy that harms the planet and does not help the poor.
  7. op_krastev3_Manu ReinoDeFodi Images via Getty Images_ukraineflag Manu Reino/DeFodi Images via Getty Images

    The War for the West

    Ivan Krastev interviewed by Sławomir Sierakowski about the conflict in Ukraine and the challenges facing Western democracies in a changing world.
  8. saputra2_ADITYA AJIAFP via Getty Images_world bank mangrove ADITYA AJI/AFP via Getty Images

    Banking on the World Bank’s Knowledge

    Wempi Saputra identifies three areas in which the organization’s client countries could use more guidance.
  9. op_campanella12_BlackJack3DGetty Images_AIbrain BlackJack3D/Getty Images

    Which AI Risks Matter?

    Edoardo Campanella considers three leading experts’ assessments of the technology’s future capabilities and their implications.
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Latest

  1. Making Sense of Society
    spence170_Biplov BhuyanHindustan Times via Getty Images_wsupreme court india Biplov Bhuyan/Hindustan Times via Getty Images

    Making Sense of Society

    Feb 29, 2024 Michael Spence considers why a healthy civil society is crucial to good governance and inclusive prosperity.

  2. Shock Therapy Killed Navalny
    haldar31_Sefa KaracanAnadolu AgencyGetty Images_navalny Sefa Karacan/Anadolu Agency/Getty Images

    Shock Therapy Killed Navalny

    Feb 29, 2024 Antara Haldar argues that while Vladimir Putin bears responsibility, so do the economic policies that put him in power.

  3. Putin’s Silk Road Around Sanctions
    rbrooks1_Markus Scholzpicture alliance via Getty Images_germanyshipping Markus Scholz/picture alliance via Getty Images

    Putin’s Silk Road Around Sanctions

    Feb 29, 2024 Robin Brooks & Simon Johnson urge Europe and the G7 to stop the re-export of Western goods to Russia from Central Asia and the Caucasus.

  4. To Fight Climate Change, End Fossil-Fuel Subsidies
    thallinger3_Sean GallupGetty Images_fossil fuels Sean Gallup/Getty Images

    To Fight Climate Change, End Fossil-Fuel Subsidies

    Feb 29, 2024 Günther Thallinger & Ludovic Subran urge policymakers to recognize the true costs of a policy that harms the planet and does not help the poor.

  5. Banking on the World Bank’s Knowledge
    saputra2_ADITYA AJIAFP via Getty Images_world bank mangrove ADITYA AJI/AFP via Getty Images

    Banking on the World Bank’s Knowledge

    Feb 28, 2024 Wempi Saputra identifies three areas in which the organization’s client countries could use more guidance.

Trending

  1. op_krastev3_Manu ReinoDeFodi Images via Getty Images_ukraineflag Manu Reino/DeFodi Images via Getty Images

    The War for the West

    Ivan Krastev interviewed by Sławomir Sierakowski about the conflict in Ukraine and the challenges facing Western democracies in a changing world.
  2. op_campanella12_BlackJack3DGetty Images_AIbrain BlackJack3D/Getty Images

    Which AI Risks Matter?

    Edoardo Campanella considers three leading experts’ assessments of the technology’s future capabilities and their implications.
  3. GettyImages-1515913422

    Tim O'Reilly on AI development, regulation, copyright lawsuits, and more

    Tim O'Reilly shows how the imperatives of modern capitalism impede the development of broadly beneficial artificial intelligence, criticizes prevailing regulatory approaches to data privacy, considers how Elon Musk and Jeff Bezos went from value-creators to value-extractors, and more.
  4. op_livingston4_PolinmrGetty Images_capitalism money Polinmr/Getty Images

    What Was Capitalism?

    James Livingston asks whether those at the commanding heights of today's economy are steering us toward feudalism or fatuousness.
  5. op_skaczynski1_DEVI RAHMANAFP via Getty Images_nft Devi Rahman/AFP via Getty Images

    The Rise of Consumer Crypto

    Steve Kaczynski & Scott Duke Kominers detail a wide range of business uses for non-fungible tokens and other blockchain-based technologies.
  6. mmuniz2_Malte MuellerGetty Images_AIrobot Malte Mueller/Getty Images

    Robert Skidelsky on Keynes, AI, the future of work, and more

    Robert Skidelsky argues that the best way to secure supply chains is peace, highlights three grave risks posed by artificial intelligence, challenges the notion that science and religion should be regarded as opposites, and more.

Around the world, foreign-policy strategists are grappling with new international dynamics, from the Sino-American rivalry and ongoing hot wars to the broader breakdown in multilateral global governance. However, there is much debate about whether global power and alignments are truly shifting, and in what ways.

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  1. thallinger3_Sean GallupGetty Images_fossil fuels Sean Gallup/Getty Images

    To Fight Climate Change, End Fossil-Fuel Subsidies

    Günther Thallinger & Ludovic Subran urge policymakers to recognize the true costs of a policy that harms the planet and does not help the poor.
  2. bu1+ NHAC NGUYENAFP via Getty Images_vietnam wind NHAC NGUYEN/AFP via Getty Images

    Catalytic Capital Holds the Key to Southeast Asia’s Green Transition

    Kitty Bu & Stefanie Fairholme highlight the potential role of early-stage funding in advancing the region’s decarbonization efforts.
  3. kenewendo4_Mario TamaGetty Images_islandclimatechange Mario Tama/Getty Images

    The Case for Mission-Driven Climate Finance

    Bogolo Kenewendo argues that Africa has the ideas, ambition, and capacity to implement green solutions – just not the funding.

Opinion that Moves

  1. Robin Brooks, et al. Putin’s Silk Road Around Sanctions
  2. Wempi Saputra Banking on the World Bank’s Knowledge
  3. Cina Lawson, et al. A Global Cash-Transfer Fund Could End Extreme Poverty
  4. Takatoshi Ito Japan as Number Four

  1. Antara Haldar Shock Therapy Killed Navalny
  2. Nicholas Reed Langen Judgment Days for Democracy
  3. Stephen S. Roach The Drums of US-China Cyber War
  4. Ngaire Woods An Antidote to the Polarization Poison

  1. Gordon Brown Empowering the Pandemic Accord
  2. Tom Achoki What Corporations Need to Know About Public Health
  3. Ellen Johnson Sirleaf, et al. Strengthening Africa’s Community Health Programs
  4. Ann Lindstrand, et al. Lessons from Lower-Income Countries’ COVID-19 Vaccination Efforts

  1. Günther Thallinger, et al. To Fight Climate Change, End Fossil-Fuel Subsidies
  2. Kitty Bu, et al. Catalytic Capital Holds the Key to Southeast Asia’s Green Transition
  3. Bogolo Kenewendo The Case for Mission-Driven Climate Finance
  4. Mirei Endara de Heras Reducing Plastic Pollution Requires Local Remedies

  1. Mariana Mazzucato, et al. The Algorithm and Its Discontents
  2. Josh Burek Is Blockchain Ready for Primetime?
  3. S. Alex Yang, et al. The Case for Regulating Generative AI Through Common Law
  4. Bertrand Badré, et al. How to Democratize AI

  1. Michael Spence Making Sense of Society
  2. Natalie Dunleavy Campbell, et al. The US Is Jeopardizing the Open Internet
  3. Célestin Monga How to Finance Higher Education in Africa
  4. Peter Singer The Competitive Edge of Doing Good

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

  1. Rabah Arezki Africa’s Shifting Economic Paradigm
  2. Bogolo Kenewendo The Case for Mission-Driven Climate Finance
  3. Colin Coleman A Marshall Plan for Africa

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

  1. Natalie Dunleavy Campbell, et al. The US Is Jeopardizing the Open Internet
  2. Mark Esposito, et al. The Threat of Persuasive AI
  3. Karina Montoya The Google Trial’s Dangerous Secrecy

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

  1. Gordon Brown Empowering the Pandemic Accord
  2. Ann Lindstrand, et al. Lessons from Lower-Income Countries’ COVID-19 Vaccination Efforts
  3. Peter Sands Pandemic or Not, Medical Oxygen Remains Essential