PS - The World's Opinion Page
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The Simplest Fix for Banking
The Simplest Fix for Banking
Jan Eeckhout explains how central bank digital currencies would end bank runs and banks' excessive risk-taking. -
Artificial Idiocy
Artificial Idiocy
Slavoj Žižek fears that the rise of powerful chatbots will spell the death of irony and nuance in human thought. -
America’s Financial Regulatory System Is Still Broken
America’s Financial Regulatory System Is Still Broken
Howard Davies laments that the post-2008 Dodd-Frank reforms left in place a framework riddled with structural shortcomings. -
America’s Interest in Ending the Ukraine Crisis
America’s Interest in Ending the Ukraine Crisis
Brahma Chellaney explains why prolonging the conflict risks realizing the West’s worst geopolitical nightmare. -
The Water Crisis Is a Vital Investment Opportunity
The Water Crisis Is a Vital Investment Opportunity
Ambroise Fayolle & Henk Ovink calls for new thinking about how we value the planet’s most important natural resource. -
America’s Industrial Policy Is Counterproductive
America’s Industrial Policy Is Counterproductive
Anne O. Krueger laments that the Biden administration is adding red tape to an inefficient subsidy program. -
What’s Next for Fintech?
What’s Next for Fintech?
Johanna M. Costigan, et al. consider what recent developments will mean for the future of technological innovation in financial services. -
Localizing Development Research
Localizing Development Research
Julia Kaufman & Jane Kabubo-Mariara explain why funders should be providing more long-term resources to researchers in developing countries. -
Revisiting America’s War of Choice in Iraq
Revisiting America’s War of Choice in Iraq
Richard Haass considers the enduring lessons from a foreign intervention that was both ill-conceived and poorly executed. -
PS Events: What Economics is Missing
PS Events: What Economics is Missing
Our latest event, What Economics is Missing, is now live.
Click the link below for opening remarks from Dani Rodrik, followed by a discussion among Ashwini Deshpande, Raquel Fernández, Minouche Shafik, and Vera Songwe on how to achieve inclusivity in economics.
Latest
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Artificial Idiocy
Artificial Idiocy
Mar 23, 2023 Slavoj Žižek fears that the rise of powerful chatbots will spell the death of irony and nuance in human thought.
-
Localizing Development Research
Localizing Development Research
Mar 23, 2023 Julia Kaufman & Jane Kabubo-Mariara explain why funders should be providing more long-term resources to researchers in developing countries.
-
The Simplest Fix for Banking
The Simplest Fix for Banking
Mar 23, 2023 Jan Eeckhout explains how central bank digital currencies would end bank runs and banks' excessive risk-taking.
-
America’s Interest in Ending the Ukraine Crisis
America’s Interest in Ending the Ukraine Crisis
Mar 23, 2023 Brahma Chellaney explains why prolonging the conflict risks realizing the West’s worst geopolitical nightmare.
-
America’s Industrial Policy Is Counterproductive
America’s Industrial Policy Is Counterproductive
Mar 22, 2023 Anne O. Krueger laments that the Biden administration is adding red tape to an inefficient subsidy program.
OnPoint Subscriber Exclusive
OnPoint is our suite of subscriber-exclusive content. Get long-read commentaries, thematic deep dives, interviews with world leaders, and much more. Learn more.
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Richard Haass on Russia, Taiwan, and US democracy
Richard Haass on Russia, Taiwan, and US democracy
Richard Haass explains what caused the Ukraine war, urges the West to scrutinize its economic dependence on China, proposes ways to reverse the dangerous deterioration of democracy in America, and more. -
Revisiting America’s War of Choice in Iraq
Revisiting America’s War of Choice in Iraq
Richard Haass considers the enduring lessons from a foreign intervention that was both ill-conceived and poorly executed. -
PS Commentators Respond: Is a New Financial Crisis Underway?
PS Commentators Respond: Is a New Financial Crisis Underway?
Featured in this Big Question
Harold James, Simon Johnson, Stephen S. Roach, Kenneth Rogoff, Anne C. SibertThe US government’s pledge to do “whatever is needed” to protect the banking system after Silicon Valley Bank’s collapse last week did little to reassure markets, which have continued to slide. At a time when the US Federal Reserve is considering further interest-rate hikes to tame inflation, we asked PS commentators how bad things are likely to get, for the US and the world.
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The Sense of an Ending
The Sense of an Ending
James Livingston surveys the intellectual terrain created by the transition from capitalism as we have come to know it. -
PS Commentators Respond: Can the US Rein in Big Tech?
PS Commentators Respond: Can the US Rein in Big Tech?
Featured in this Big Question
Anu Bradford, Tim O'Reilly, Ilan Strauss, Mariana Mazzucato, Tommaso VallettiWhile the European Union has gradually tightened the screws on tech giants, America’s regulatory bark has so far been bigger than its bite. With Big Tech’s competition-crushing market power continuing to grow, we asked PS commentators why the US continues to lag, and what it would take to make real progress.
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William H. Janeway on state-sponsored innovation, greentech, asset bubbles, and more
William H. Janeway on state-sponsored innovation, greentech, asset bubbles, and more
William H. Janeway proposes a better approach to innovation-boosting state procurement, explains why financial speculation is vital to technological progress, highlights three recent developments that could transform capitalism, and more.

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can you read new insights from renowned economists, world leaders, and distinguished thinkers every day?
Paradigm Shifts
Global ructions have put an end to the long era of price stability and low interest rates, forcing a reconsideration of many business models and economic growth strategies. Whether old orthodoxies can be replaced by something genuinely new and better is now the trillion-dollar question.
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Sustainability Now
Sustainability Now brings together leading voices in all of the domains involved in combating climate change, each addressing specific facets of the challenge.
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The Water Crisis Is a Vital Investment Opportunity
The Water Crisis Is a Vital Investment Opportunity
Ambroise Fayolle & Henk Ovink calls for new thinking about how we value the planet’s most important natural resource. -
Waking Up to the World’s Water Crisis
Waking Up to the World’s Water Crisis
Quentin Grafton, et al. see three overarching priorities for the first global water conference in almost a half-century. -
The Food-System Revolution Is Coming
The Food-System Revolution Is Coming
Robin Willoughby & Nico Muzi see three big sources of industry-wide disruption that will be beneficial if properly managed.