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Curated by Project Syndicate

Most Read of 2015

10 commentaries

The year that just ended witnessed an extraordinary array of economic and political challenges, including disunion in Europe, decelerating Chinese growth, and deepening turmoil in the Middle East. Understand what happened – and what to expect – with the year's ten most-read Project Syndicate commentaries.

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  1. The Trans-Pacific Free-Trade Charade
    Big city skyline

    The Trans-Pacific Free-Trade Charade

    Oct 2, 2015 Joseph E. Stiglitz & Adam S. Hersh warn that the biggest regional trade and investment agreement in history is not what it seems.

  2. Economists vs. Economics
    Paul Krugman Panayiotis Tzamaros/ZumaPress

    Economists vs. Economics

    Sep 10, 2015 Dani Rodrik examines the recent wave of criticism of the discipline by its leading figures.

  3. Europe’s Attack on Greek Democracy
    lines at greek atms Panayiotis Tzamaros/ZumaPress

    Europe’s Attack on Greek Democracy

    Jun 29, 2015 Joseph E. Stiglitz explains what is really at stake in this weekend’s referendum.

  4. The Liquidity Time Bomb
    pocket watch Viewminder/Flickr

    The Liquidity Time Bomb

    May 31, 2015 Nouriel Roubini warns that policy measures to reduce short-term market volatility have increased long-term risk.

  5. The Education Myth
    Vermont schoolhouse Don Shall/Flickr

    The Education Myth

    May 31, 2015 Ricardo Hausmann pours cold water on the idea that more and better schooling leads to rapid and inclusive growth.

  6. How Scary Is the Bond Market?
    Scared Tom Lin/Flickr

    How Scary Is the Bond Market?

    Mar 16, 2015 Robert J. Shiller reminds us that crashes are relatively rare, and that contagion is unprecedented.

  1. mcnamee3_ AMY OSBORNEAFP via Getty Images_twitter AMY OSBORNE/AFP via Getty Images

    Disrupting the Disruptors

    Roger McNamee considers what new economic conditions mean for an industry whose growth (and misbehavior) defined an era.
  2. basu86_ Stu ForsterGetty Images_world cup Stu Forster/Getty Images

    When Voters Become Fans

    Kaushik Basu thinks deepening polarization has given the lie to a longstanding assumption about electoral politics.
  3. desalegn1_ KHALED DESOUKIAFP via Getty Images_biodiversity KHALED DESOUKI/AFP via Getty Images

    Africa’s Responsibility to Protect Biodiversity

    Hailemariam Desalegn urges the continent’s leaders to unite behind a shared conservation agenda, beginning at COP15.
  4. sierakowski91_Omar MarquesGetty Images_ukrainian refugees Omar Marques/Getty Images

    Resentment on the Western Front

    Sławomir Sierakowski thinks the Polish public needs a more open and honest conversation about refugees before resentment spirals.
  5. vives17_ Leon NealGetty Images_ftx Leon Neal/Getty Images

    Crypto’s Well-Worn Path to Crisis

    Xavier Vives writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago.
  6. roubini171_Spencer PlattGetty Images_recession looming Spencer Platt/Getty Images

    The Unavoidable Crash

    Nouriel Roubini anticipates a stagflationary debt crisis, owing to a dangerous combination of inflation and over-borrowing.
  7. nye236_SAUL LOEBAFP via Getty Images_biden xi SAUL LOEB/AFP via Getty Images

    War Over Taiwan?

    Joseph S. Nye, Jr. considers whether a deterrence arrangement that has worked for 50 years is still sufficient.
  8. op_livingston1_Anna MoneymakerGetty Images_fed Anna Moneymaker/Getty Images

    The Contested Fed

    James Livingston

    By all accounts, central banks – particularly the Fed, because the dollar is still the world’s dominant currency – already act as investment authorities. But their recent bailouts have exacerbated economic inequality, and have done little or nothing to address climate change.

    reviews three books that, each in its own way, reveal a central truth about the world’s leading central bank.
  9. pisaniferry140_Sean GallupGetty Images_cop27 Sean GallupGetty Images

    The Economics of Mainstreaming Climate Action

    Jean Pisani-Ferry & Selma Mahfouz identify the risks and short-term costs associated with the energy transition over the next decade.

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