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Kaushik Basu

Kaushik Basu

Writing for PS since 2002
84 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. All the King’s Games
    basu84_ContributorGetty Images_russiaprotest Contributor/Getty Images

    All the King’s Games

    Oct 3, 2022 Kaushik Basu sheds light on the shadowy machinations and oppressive tactics that help authoritarian rulers stay in power.

  2. The Fed Is Overreacting
    basu83_Graeme Jennings-PoolGetty Images_jerome powell Graeme Jennings-Pool/Getty Images

    The Fed Is Overreacting

    Sep 1, 2022 Kaushik Basu argues that the US central bank’s aggressive policy tightening reflects a misreading of the labor market.

  3. Why Sri Lanka Imploded
    basu82_Buddhika WeerasingheGetty Images_sri lanka Buddhika Weerasinghe/Getty Images

    Why Sri Lanka Imploded

    Jul 20, 2022 Kaushik Basu traces the country’s spiraling economic crisis to political hubris and authoritarianism.

  4. Beacons of Hope in the Indian Wilderness
    basu81_Sukhomoy SenPacific PressLightRocket via Getty Images_indiaschool Sukhomoy Sen/Pacific Press/LightRocket via Getty Images

    Beacons of Hope in the Indian Wilderness

    Jul 5, 2022 Kaushik Basu reports on an uplifting recent tour of innovative education programs for poor rural children.

  5. Global Shortages Demand Global Solutions
    basu80_Vipin KumarHindustan Times via Getty Images_indiawheat Vipin Kumar/Hindustan Times via Getty Images

    Global Shortages Demand Global Solutions

    May 30, 2022 Kaushik Basu argues that only collective international action can tackle the scarcity of food and other essential commodities.

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  1. soll2_Chris J RatcliffeGetty Images_liztruss Chris J Ratcliffe/Getty Images

    Britannia Deranged

    Jacob Soll explores UK Prime Minister Liz Truss’s 2012 manifesto and its incoherent vision of capitalism.
  2. singer210_ JEAN-FRANCOIS MONIERAFP via Getty Images_monkeysexperimentslab Jean-Francois Monier/AFP via Getty Images

    Research Ethics and Non-Human Subjects

    Peter Singer highlights an appalling recent article that Springer Nature should retract under its new guidance for authors.
  3. rogoff229_Dean MouhtaropoulosGetty Images_chesscarlsen Dean Mouhtaropoulos/Getty Images

    How to Settle the Great Chess Cheating Scandal

    Kenneth Rogoff explains how a suspiciously successful young upstart can prove that he is for real.
  4. moyo23_Michael M. SantiagoGetty Images_us inflation Michael M. Santiago/Getty Images

    Why Deglobalization Makes US Inflation Worse

    Dambisa Moyo laments that today’s inflationary surge has not elicited a coordinated global response.
  5. op_fuest1_ INA FASSBENDERAFP via Getty Images_electricity Ina Fassbender/AFP via Getty Images

    How to Tax Energy Companies’ Windfall Profits

    Clemens Fuest & Axel Ockenfels

    Given the complexities of modern markets, economies, and legal regimes, new levies on energy companies will always run into implementation problems. To prevent supply shortages and other disastrous unintended consequences, policymakers must proceed with caution and coordinate across borders.

    consider the underappreciated difficulties of implementing new levies without creating unwanted side effects.
  6. GettyImages-1243621433 ALEXANDER NEMENOV / Contributor via Getty Images

    Is Putin in Peril?

    From alternate-reality annexations to fresh nuclear threats, Russian President Vladimir Putin seems more desperate than ever to project an image of strength after a string of battlefield defeats. As Ukrainian forces advance on Russian-occupied territories and hundreds of thousands of draft-age Russian men flee the Kremlin’s “partial mobilization,” we asked PS commentators to assess his prospects.

  7. coyle27_Leon NealGetty Images_liz truss Leon Neal/Getty Images

    Liz Truss’s Backward Vision of the Future

    Diane Coyle argues that the new UK government will never cure what ails the British economy by living in the past.
  8. butler4_ Sean Gallup/Getty Images Sean Gallup/Getty Images

    The State Is Taking Back Energy

    Nick Butler sees increased government intervention in the sector as necessary but too often suboptimal.
  9. gros167_John KeebleGetty Images_bankofengland John Keeble/Getty Images

    The Stabilizing Effect of Inflation

    Daniel Gros explains why, despite the disruptions caused by monetary tightening, a financial crisis is unlikely.

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