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  1. 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

    Economically, India today feels like a place of limitless possibilities. But with only a narrow window in which to grow rich before it grows old, the policy decisions it makes today will have an outsize influence on its future prospects.

    worries that the country will squander its massive potential by trying to emulate China's growth strategy.
  2. bp - trade war Photo by Costfoto/NurPhoto via Getty Images

    The US-China Trade War Heats Up

    Featured in this Big Picture

    Pinelopi Koujianou Goldberg, Carl Bildt, Dani Rodrik, Qiyuan Xu, Arvind Subramanian

    A spate of new US tariffs on Chinese goods has raised the specter of full economic decoupling between the world’s two largest economies. For many observers, the measures are not only misguided, but also counter-productive, with the potential to undermine economic dynamism, hamper climate action, and trigger geopolitical conflict.

  3. krueger75_Kent NishimuraGetty Images_israelprotest Kent Nishimura/Getty Images

    Divestment from Israel Will Not Bring Peace

    Anne O. Krueger argues that meeting protesters' demand would weaken US universities – one of America’s sources of strength.
  4. frankel160_ NIKOLAY DOYCHINOVAFP via Getty Images_EUpollution Nikolay Doychinov/AFP via Getty Images

    Europe’s Carbon Border Tax Advances the Fight Against Climate Change

    Jeffrey Frankel shows how the European Union’s carbon-price mechanism could encourage other countries to follow suit.
  5. moghalu4_Peter TitmusUCGUniversal Images Group via Getty Images_southafricashipping Peter Titmus/UCG/Universal Images Group via Getty Images

    Africa Can’t Prosper Without Regional Trade

    Kingsley Moghalu argues that the continent has been missing a key ingredient of robust, sustained growth.
  6. eichengreen190_Tomohiro OhsumiGetty Images_japanexchange Tomohiro Ohsumi/Getty Images
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    The Dilemmas of the Dollar

    Barry Eichengreen asks whether anything can or should be done about the greenback's strength, especially against Asian currencies.
  7. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images
    Free to read

    The “Billions to Trillions” Charade

    Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.
  8. tagliapietra5_JOHN THYSAFP via Getty Images_eu green deal JOHN THYS/AFP via Getty Images

    How Europe Can Get the Green Deal Done

    Simone Tagliapietra proposes EU-level measures that would help offset the negative distributional effects of climate policy.
  9. james217_ Christopher FurlongGetty Images_gold Christopher Furlong/Getty Images
    Free to read

    What’s Driving the Global Gold Rush?

    Harold James considers the political factors pushing the price of the “barbarous relic” to all-time highs.
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Latest

  1. Europe’s Carbon Border Tax Advances the Fight Against Climate Change
    frankel160_ NIKOLAY DOYCHINOVAFP via Getty Images_EUpollution Nikolay Doychinov/AFP via Getty Images

    Europe’s Carbon Border Tax Advances the Fight Against Climate Change

    May 24, 2024 Jeffrey Frankel shows how the European Union’s carbon-price mechanism could encourage other countries to follow suit.

  2. Africa Can’t Prosper Without Regional Trade
    moghalu4_Peter TitmusUCGUniversal Images Group via Getty Images_southafricashipping Peter Titmus/UCG/Universal Images Group via Getty Images

    Africa Can’t Prosper Without Regional Trade

    May 24, 2024 Kingsley Moghalu argues that the continent has been missing a key ingredient of robust, sustained growth.

  3. Divestment from Israel Will Not Bring Peace
    krueger75_Kent NishimuraGetty Images_israelprotest Kent Nishimura/Getty Images

    Divestment from Israel Will Not Bring Peace

    May 24, 2024 Anne O. Krueger argues that meeting protesters' demand would weaken US universities – one of America’s sources of strength.

  4. The US-China Trade War Heats Up
    bp - trade war Photo by Costfoto/NurPhoto via Getty Images

    The US-China Trade War Heats Up

    May 24, 2024 PS Commentators analyze the latest escalation of the economic rivalry between the world’s two largest economies.

  5. The Indian Election and the Country’s Economic Future
    op_rajan4_MANJUNATH KIRANAFP via Getty Images_Indiastartup Manjunath Kiran/AFP via Getty Images

    The Indian Election and the Country’s Economic Future

    May 24, 2024 Raghuram G. Rajan worries that the country will squander its massive potential by trying to emulate China's growth strategy.

Trending

  1. 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

    Economically, India today feels like a place of limitless possibilities. But with only a narrow window in which to grow rich before it grows old, the policy decisions it makes today will have an outsize influence on its future prospects.

    worries that the country will squander its massive potential by trying to emulate China's growth strategy.
  2. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    William H. Janeway explains how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  3. GettyImages-1357300450

    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.
  4. op_ang1_retrorocketGetty Images_corruption retrorocket/Getty Images

    How Exceptional Is China’s Crony-Capitalist Boom?

    Yuen Yuen Ang explains how corruption both drove the country's GDP growth and sowed the seeds for its current economic problems.
  5. op_rchowdhury1_Drew AngererGetty Images_modi Drew Angerer/Getty Images

    India’s Despotic Election

    Debasish Roy Chowdhury explains how Prime Minister Narendra Modi has eroded democratic safeguards and stacked the deck in his favor.
  6. GettyImages-686248236

    Alison L. LaCroix on the US Supreme Court, immigration policy, federalism, and more

    Alison L. LaCroix explains why “originalist” methods of constitutional interpretation are deeply ahistorical, describes the zero-sum relationship between state and federal power in modern America, identifies possible historical analogues for the upcoming US presidential election, and more.

“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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  1. tagliapietra5_JOHN THYSAFP via Getty Images_eu green deal JOHN THYS/AFP via Getty Images

    How Europe Can Get the Green Deal Done

    Simone Tagliapietra proposes EU-level measures that would help offset the negative distributional effects of climate policy.
  2. ruto4_LUIS TATOAFP via Getty Images_kenyafloods Luis Tato/AFP via Getty Images

    How G7 Leaders Can Unlock Financing for Africa

    William Ruto

    With many African countries trapped in perpetual cycles of debt, financing investment in sustainable development has become increasingly difficult, if not impossible. The situation demands that wealthy countries step up and offer debt relief and cancellation, in addition to more concessional and long-term financing.

    urges wealthy countries to help bring the global financial system into line with the developing world's needs.
  3. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images

    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.

Opinion that Moves

  1. Kingsley Moghalu Africa Can’t Prosper Without Regional Trade
  2. Arvind Subramanian The Sino-American Trade War Benefits China’s Competitors
  3. Pinelopi Koujianou Goldberg The High Costs of the New US Tariffs on Chinese EVs
  4. J. Bradford DeLong The Threat of Trumpflation and a Fed War

  1. Anne O. Krueger Divestment from Israel Will Not Bring Peace
  2. Joschka Fischer Reckoning With a New Authoritarian Bloc
  3. Ana Palacio Is Europe Too Big for Further Enlargement?
  4. Brahma Chellaney Is the Quad Becoming a Potemkin Alliance?

  1. Danjuma Adda A Big Step Forward for Liver Health
  2. Razan Khalifa Al Mubarak, et al. A Turning Point for Clean Cooking
  3. Gordon Brown Getting the Pandemic Treaty Across the Finish Line
  4. Manica Balasegaram Climate Change Is a Worse Health Threat Than We Think

  1. Jeffrey Frankel Europe’s Carbon Border Tax Advances the Fight Against Climate Change
  2. Simone Tagliapietra How Europe Can Get the Green Deal Done
  3. William Ruto How G7 Leaders Can Unlock Financing for Africa
  4. Francesco La Camera, et al. Only Public-Private Cooperation Can Accelerate Decarbonization

  1. Daron Acemoglu Don’t Believe the AI Hype
  2. Michael R. Strain What the AI Pessimists Are Missing
  3. J. Bradford DeLong Musk Has Made Tesla a Meme Stock
  4. Andrew Sheng, et al. China Should Emulate Taiwan’s Tech Policies

  1. Rachel Ruto Clean Cooking Advances Women’s Empowerment
  2. Lilja Dögg Alfreðsdóttir How to Close the Gender Wage Gap
  3. Peter Singer When Is Criticism of Israel Anti-Semitic?
  4. Ian Buruma The Privileged Gaza Protesters

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

  1. Kingsley Moghalu Africa Can’t Prosper Without Regional Trade
  2. William Ruto How G7 Leaders Can Unlock Financing for Africa
  3. Rachel Ruto Clean Cooking Advances Women’s Empowerment

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

  1. Jodie Ginsberg Our Freedoms Depend on Press Freedom
  2. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?
  3. Anya Schiffrin, et al. Quality Journalism Is More Important than Ever

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 Getting the Pandemic Treaty Across the Finish Line
  2. Rachel Glennerster The Pandemic Financing Developing Countries Need
  3. Mariana Mazzucato How to Save the Pandemic Treaty