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    Trump on Trial

    Featured in this Big Picture

    Nancy Isenberg, Eric Posner, Reed Galen, Richard K. Sherwin, William L. Silber

    From a long list of criminal indictments to unfavorable voter demographics, there is plenty standing between presumptive GOP nominee Donald Trump and a second term in the White House. But a Trump victory in the November election remains a distinct possibility – and a cause for serious economic concern.

  2. deryugina1_BEN BIRCHALLPOOLAFP via Getty Images_ukraineflagsoldier Ben Birchall/Pool/AFP via Getty Images

    Ukraine Is Far From Doomed

    Tatyana Deryugina & Anastassia Fedyk

    When comparing Ukraine’s situation in 2024 to Europe’s in 1941, Russia’s defeat seems entirely possible. But it will require the West, and the US in particular, to put aside domestic political squabbles and muster the political will to provide Ukraine with consistent and robust military and financial assistance.

    compare Russia's full-scale invasion to World War II and see reason to hope – as long as aid keeps flowing.
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    The IMF Chose the Right Leader the Wrong Way

    Ngaire Woods thinks the Fund’s process for selecting its managing director is woefully out of step with today’s world.
  4. nishtar8_AMAURY HAUCHARDAFP via Getty Images_africavaccine Amaury Hauchard/AFP via Getty Images

    Fifty Years of Immunization Success Call for 50 More

    Sania Nishtar touts the remarkable results of global collaboration on routine vaccination and foresees continued progress.
  5. bildt122_Mikhail SvetlovGetty Images_trumpputin Mikhail Svetlov/Getty Images

    Trump Is Putin’s Only Hope Now

    Carl Bildt considers the implications of Ukraine finally receiving the Western military aid it has been waiting for.
  6. glennerster2_Scott OlsonGetty Images)_vaccines Scott Olson/Getty Images)

    The Pandemic Financing Developing Countries Need

    Rachel Glennerster urges multilateral development banks to establish mechanisms that enable at-risk vaccine purchases.
  7. mattei1 Getty Images

    Saving Economics from the Economists

    Clara Mattei & Aditya Singh trace the roots of the discipline’s indifference to social justice to early-twentieth-century Italy.
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    How to Rebuild Trust in Public Institutions

    Eleanor Carter & Carolyn J. Heinrich highlight the value of face-to-face interactions at a time when governments are phasing out in-person services.
  9. op_roach3_ Kevin FrayerGetty Images_china lagging consumption Kevin Frayer/Getty Images

    China’s Rebalancing Imperative

    Stephen S. Roach explains why the Chinese authorities should switch to a consumption- and productivity-led growth model.
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Latest

  1. Fifty Years of Immunization Success Call for 50 More
    nishtar8_AMAURY HAUCHARDAFP via Getty Images_africavaccine Amaury Hauchard/AFP via Getty Images

    Fifty Years of Immunization Success Call for 50 More

    Apr 25, 2024 Sania Nishtar touts the remarkable results of global collaboration on routine vaccination and foresees continued progress.

  2. Trump on Trial
    GettyImages-2149550584 Photo by MARK PETERSON/POOL/AFP via Getty Images

    Trump on Trial

    Apr 25, 2024 PS Commentators examine the former US president’s prospects as he confronts his first criminal prosecution.

  3. The IMF Chose the Right Leader the Wrong Way
    woods56_Alex WongGetty Images_georgieva Alex Wong/Getty Images

    The IMF Chose the Right Leader the Wrong Way

    Apr 25, 2024 Ngaire Woods thinks the Fund’s process for selecting its managing director is woefully out of step with today’s world.

  4. Trump Is Putin’s Only Hope Now
    bildt122_Mikhail SvetlovGetty Images_trumpputin Mikhail Svetlov/Getty Images

    Trump Is Putin’s Only Hope Now

    Apr 25, 2024 Carl Bildt considers the implications of Ukraine finally receiving the Western military aid it has been waiting for.

  5. How to Rebuild Trust in Public Institutions
    frankel159_Getty Images_customer service Getty Images

    How to Rebuild Trust in Public Institutions

    Apr 25, 2024 Eleanor Carter & Carolyn J. Heinrich highlight the value of face-to-face interactions at a time when governments are phasing out in-person services.

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  1. op_roach3_ Kevin FrayerGetty Images_china lagging consumption Kevin Frayer/Getty Images

    China’s Rebalancing Imperative

    Stephen S. Roach explains why the Chinese authorities should switch to a consumption- and productivity-led growth model.
  2. GettyImages-148081044

    Minxin Pei on China’s economy, surveillance state, repression of dissent, and more

    Minxin Pei doubts China’s government is willing to do what is needed to restore growth, describes the low-tech approaches taken by the country’s vast security apparatus, considers the Chinese social-credit system’s repressive potential, and more.
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    Governments Must Shape AI’s Future

    Mariana Mazzucato & Fausto Gernone urge policymakers to see themselves as proactive participants in technological innovation and market-making.
  4. op_janeway15_AMY OSBORNEAFP via Getty Images_googlecampus Amy Osborne/AFP via Getty Images

    Is Techno-Monopoly Inevitable?

    William H. Janeway assesses a new theory of “technological market power” and its effects on the modern economy.
  5. GettyImages-1496076713

    Joseph S. Nye, Jr., on nuclear risk, American hubris, great-power competition, and more

    Joseph S. Nye, Jr. calls for restoring the credibility of the US nuclear umbrella, highlights the role of nongovernmental agencies in international relations, worries that the US will play its cards poorly vis-à-vis China, and more.
  6. op_tasca1_Long WeiVCG via Getty Images_e-cny Long Wei/VCG via Getty Images

    The Struggle for Currency Supremacy

    Paolo Tasca expects that digital assets will accelerate efforts to create alternatives to the US dollar.

“It is better to ask forgiveness than permission” has been the mantra of the digital revolution so far, and one should not expect that to change with artificial intelligence. For those already in a position to dominate this potentially groundbreaking sector, the opportunities are too enticing to miss.

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    AI Holds the Key to Resilient Cities

    Justina Nixon-Saintil surveys the technology's foreseeable applications in promoting urban sustainable development.
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    What a Climate-Aligned IMF Would Look Like

    Mohamed Nasheed & Rakesh Mohan explain how the managing director can fully position the institution to help the most vulnerable countries.
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    The Ozone Layer’s Recovery Shows How to Protect the Planet

    Robert Redford & Xiye Bastida highlight the critical role of international cooperation in preserving the planet’s habitability.

Opinion that Moves

  1. Ngaire Woods The IMF Chose the Right Leader the Wrong Way
  2. Anne O. Krueger The Geopolitics of Africa’s Debt Crisis
  3. William L. Silber Trump and the Risk of a US Debt Default
  4. Takatoshi Ito How Risky Is Japan’s Monetary-Policy Normalization?

  1. Carl Bildt Trump Is Putin’s Only Hope Now
  2. Nancy Isenberg Is Trump Above the Law?
  3. Tatyana Deryugina, et al. Ukraine Is Far From Doomed
  4. Ana Palacio Why the EU’s New Migration Pact Matters

  1. Rachel Glennerster The Pandemic Financing Developing Countries Need
  2. Jayati Ghosh The Key to Transforming African Health
  3. Iván Duque Márquez How Guyana Became Latin America’s Leading Development Lab
  4. Michael R. Bloomberg What Can Stop the Shortening of American Lives?

  1. Justina Nixon-Saintil AI Holds the Key to Resilient Cities
  2. Mohamed Nasheed, et al. What a Climate-Aligned IMF Would Look Like
  3. Robert Redford, et al. The Ozone Layer’s Recovery Shows How to Protect the Planet
  4. Laurence Tubiana Taxing Polluters Is the Key to Climate Justice

  1. Peter G. Kirchschläger AI Needs UN Oversight
  2. Daron Acemoglu, et al. History Already Tells Us the Future of AI
  3. Amar Bhidé The Boring Truth About AI
  4. Daron Acemoglu Are We Ready for AI Creative Destruction?

  1. Eleanor Carter, et al. How to Rebuild Trust in Public Institutions
  2. Slavoj Žižek Canceling Palestine
  3. Robert Skidelsky The Language of Political Control
  4. Jorge G. Castañeda, et al. From Welfare State to Safe State in Latin America

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

  1. Anne O. Krueger The Geopolitics of Africa’s Debt Crisis
  2. Jayati Ghosh The Key to Transforming African Health
  3. Ishac Diwan, et al. Developing Countries’ Liquidity Crisis Is Not Over

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

  1. Anya Schiffrin, et al. Quality Journalism Is More Important than Ever
  2. Natalie Dunleavy Campbell, et al. The US Is Jeopardizing the Open Internet
  3. Mark Esposito, et al. The Threat of Persuasive AI

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

  1. Rachel Glennerster The Pandemic Financing Developing Countries Need
  2. Mariana Mazzucato How to Save the Pandemic Treaty
  3. Helen Clark, et al. Delivering the Pandemic Accord the World Needs