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  1. PS Behind the Headlines white2

    A curated selection of essential analysis of the most important news stories, plus the latest Big Picture topical collection, delivered to your inbox every Thursday.

  2. buruma170_ JIM WATSONAFP via Getty Images_biden executive orders Jim Watson/AFP via Getty Images

    The Right Time for Joe Biden

    Ian Buruma

    The new US president may not be an original thinker, a courageous leader, or exude personal magnetism, but are liberal democracies best served by such leaders in times of crisis? In fact, those hoping for a new New Deal in America can take comfort in the precedent of Franklin D. Roosevelt. 

    explains why the US president's lack of brilliance, heroism, and charisma may be his greatest strength.
    10
  1. rpersaud15_Danny Lawson - WPA PoolGetty Images_prince philip Danny Lawson - WPA Pool/Getty Images

    Requiem for the Stiff Upper Lip

    Raj Persaud & Adrian Furnham

    With the passing of Prince Philip on April 9, the United Kingdom may have lost its last exponent of the stoic attitude that has defined so much of its modern history. Nonetheless, other cultures have picked up the baton, and modern society will always have a need for those who excel at keeping calm and carrying on. 

    wonder if Prince Philip's signature stoicism still has a place in contemporary society.
    1
  2. op_schauble6_YANNSCHREIBERAFPviaGettyImages_ecbcovid Yann Schreiber/AFP via Getty Images

    Are We Risking a Debt Pandemic?

    Wolfgang Schäuble

    Even in a crisis as grave as the COVID-19 pandemic, money is not a panacea, and borrowing makes sense only if it is carried out prudently and reasonably. Otherwise, states will jeopardize their long-term financial flexibility, price stability, and competitiveness.

    worries that monetization of pandemic-related government borrowing will boost inflation and erode competitiveness.
    10

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