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Kaushik Basu

Kaushik Basu

Writing for PS since 2002
99 commentaries

Kaushik Basu, a former chief economist of the World Bank and chief economic adviser to the Government of India, is Professor of Economics at Cornell University and a non-resident senior fellow at the Brookings Institution.

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  1. Economic Possibilities for Our Overworked Grandchildren
    basu99_Spencer PlattGetty Images_tax wealth Spencer Platt/Getty Images

    Economic Possibilities for Our Overworked Grandchildren

    Feb 21, 2024 Kaushik Basu shows how it is possible to redistribute income from the rich to the poor without undermining individual incentives.

  2. Remembering Robert Solow
    basu98_David L. RyanThe Boston Globe via Getty Images_robertsolow David L. Ryan/The Boston Globe via Getty Images

    Remembering Robert Solow

    Jan 15, 2024 Kaushik Basu honors the life and work of the pioneering scholar, who died in late 2023.

  3. The Biggest Threats to Global Economic Stability
    basu97_robertsrobGetty Images_worldeconomy robertsrob/Getty Images

    The Biggest Threats to Global Economic Stability

    Dec 27, 2023 Kaushik Basu highlights the urgency of re-thinking some core assumptions amid debt distress and rapid technological change.

  4. To Save Democracy, Fight Inequality
    ghosh57_ FABRICE COFFRINIAFP via Getty Images_WEFprotest Fabrice Coffrini/AFP via Getty Images

    To Save Democracy, Fight Inequality

    Oct 26, 2023 Kaushik Basu argues that efforts to mitigate income and wealth disparities need not weaken economic incentives.

  5. Whither India?
    basu95_PRAKASH SINGHAFP via Getty Images_indiapoverty Prakash Singh/AFP via Getty Images

    Whither India?

    Aug 31, 2023 Kaushik Basu worries that cronyism and religious nationalism are jeopardizing the country’s future.

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  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

    Although the events of the last two years amount to a clear strategic failure for Russian President Vladimir Putin, it is equally clear that the West became overly confident after Ukraine's battlefield successes in 2022. Now, a strategic re-calibration may be in order.

    about the conflict in Ukraine and the challenges facing Western democracies in a changing world.
  2. woods55_Jodi HiltonNurPhoto via Getty Images_polarization Jodi Hilton/NurPhoto via Getty Images

    An Antidote to the Polarization Poison

    Ngaire Woods suggests how policymakers can foster a sense of solidarity among people of different political creeds.
  3. hsieh7SAM YEHAFP via Getty Images_tsmc SAM YEH/AFP via Getty Images

    How America’s CHIPS Act Hurts Taiwan

    Chang-Tai Hsieh, et al. worry that US inducements are luring the world’s top semiconductor manufacturer down a dead end.
  4. elerian164_ANGELA WEISSAFP via Getty Images_nyse Angela Weiss/AFP via Getty Images

    Will the US Economy Drive Global Growth this Year?

    Mohamed A. El-Erian

    Despite rosy forecasts, the US economy faces powerful headwinds that call into question its ability to serve as the world’s main growth driver. These challenges are compounded by domestic and geopolitical uncertainties that have not been reflected in market valuations and economic assessments.

    explains why economists and investors are far too optimistic about America’s near-term prospects.
  5. dunleavycampbell1_ Leon NealGetty Images)_internetr Leon Neal/Getty Images)

    The US Is Jeopardizing the Open Internet

    Natalie Dunleavy Campbell & Stan Adams condemn America’s apparent decision to abandon its role as a champion of a free digital domain.
  6. monga10MUHAMADOU BITTAYEAFP via Getty Images_senegal uni MUHAMADOU BITTAYE/AFP via Getty Images

    How to Finance Higher Education in Africa

    Célestin Monga proposes a mix of several funding streams to improve access to high-quality colleges and universities.
  7. 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.
  8. 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.
  9. bq eu security Photo by Win McNamee/Getty Images

    Europe Must Defend Itself

    Donald Trump – who spent his presidency lambasting NATO – recently suggested that he would encourage Russian aggression against NATO allies that had not met their commitment to spend 2% of GDP on defense. With Trump vying for another term in the White House – and the Ukraine war still raging on the European Union’s doorstep – EU countries can no longer ignore the difficult but essential task of taking charge of their own security.

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