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    Anders Åslund on the Trump threat, Ukrainian security, Putin's survival, and more

    Anders Åslund considers what the US presidential election will mean for Ukraine, says that only a humiliating loss in the war could threaten Vladimir Putin’s position, urges the EU to take additional steps to ensure a rapid and successful Ukrainian accession, and more.
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    Europe’s Existential AI Challenge

    Bertrand Badré & Charles Ferguson explain what is wrong with the EU technology startup system, and what to do about it.
  3. bp us election final stretch Photo by ROBERTO SCHMIDT SERGIO FLORES/AFP via Getty Images

    The US Election and America’s Future

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    PS editors , Nouriel Roubini , Joseph E. Stiglitz , Nina L. Khrushcheva , Edoardo Campanella , Tom Ginsburg , Aziz Huq , John Mark Hansen , Reed Galen

    From the economy to foreign policy to democratic institutions, the two US presidential candidates, Kamala Harris and Donald Trump, promise to pursue radically different agendas, reflecting sharply diverging visions for the United States and the world. Why is the race so nail-bitingly close, and how might the outcome change America?

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    PS Quarterly

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    The Year Ahead 2025 magazine

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  5. op_batista1_BRENDAN SMIALOWSKIAFP via Getty Images_georgievaIMF Brendan Smialowski/AFP via Getty Images

    Will the IMF Survive to 100?

    Paulo Nogueira Batista, Jr. & Robert H. Wade propose incremental changes to keep developing and emerging economies on board and engaged.
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    Diane Coyle on economic progress, tech monopolies, artificial intelligence, and more

    Diane Coyle advocates a new public philosophy that rejects viewing “government” and “market” as opposites, explains why time-use data must shape technological development, warns that policymakers are devising AI regulation in a thick conceptual fog, and more.
  7. op_brown2_TIERNEY CROSSAFP via Getty Images_IMFworldbank Tierney Cross/AFP via Getty Images

    Toward a Fifth World Order

    Gordon Brown & Mohamed A. El-Erian explain why multilateral institutions urgently need to be reformed, and why the G20 is the right forum for it.
  8. op_livingston5_Spencer PlattGetty Images_wallstreet Spencer Platt/Getty Images

    The Brutes’ New Suits

    James Livingston asks why so many observers now believe that banks are running a con game.
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    Nobel Laureates Help Solve the Inequality Puzzle

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    PS editors , Daron Acemoglu , James A. Robinson , Simon Johnson

    While even the world’s poorest economies have become richer in recent decades, they have continued to lag far behind their higher-income counterparts – and the gap is not getting any smaller. According to this year’s Nobel Prize-winning economists, institutions are a key reason why. From Ukraine’s reconstruction to the regulation of artificial intelligence, the implications are as consequential as they are far-reaching.

  10. op_reedlangen7_Jemal CountessGetty Images for Court Accountability_supreme court Jemal Countess/Getty Images for Court Accountability

    America’s Broken Constitution

    Nicholas Reed Langen sees the country’s politicized Supreme Court as the biggest obstacle to addressing many other problems.
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    Is Antitrust Enforcement Broken?

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    Anu Bradford , Todd G. Buchholz , Cristina Caffarra , Mordecai Kurz , Tara Pincock , Yanis Varoufakis

    Though antitrust enforcement has been gaining momentum on both sides of the Atlantic, a handful of private actors still wield extraordinary market power – and thus power over ordinary people’s lives. With some calling for more radical action, and others warning that reining in firms’ market power would be unhelpful and even harmful, we asked PS commentators what needs to be done.

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    Marietje Schaake on our tech overlords, antitrust, data protection, and more

    Marietje Schaake warns that Big Tech’s outsize influence threatens democracy, suggests what Western leaders can learn from Chinese technology governance, urges governments to use public procurement to influence the trajectory of digital technology, and more.
  13. op_sonin1_ILYA PITALEVSPUTNIKAFP via Getty Images_russiamilitaryproduction Ilya Pitalev/Sputnik/AFP via Getty Images

    Making Sense of Russia’s War Economy

    Konstantin Sonin explains the apparent resilience of growth and employment in the face of increasingly tight sanctions.
  14. op_acemoglu5_Theo WargoWireImage_musk Theo Wargo/WireImage

    Escaping the New Gilded Age

    Daron Acemoglu thinks the social, cultural, and political influence wielded by the superrich has reached a dangerous level.

More than just a test of humanity’s collective resolve, climate change is also a test of existing institutions, and that makes it a profound security risk. When a fully globalized, interdependent world is placed in a kiln and the heat is turned up, some systems will eventually emerge stronger, but many others will fail.

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