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Curated by Project Syndicate

Shut Down and Print Up

9 commentaries

With the US Federal Reserve set to maintain its monetary stimulus, and congressional deadlock forcing the US government to shut down – and, worse, raising the prospect of default – America has become the wildcard of the global economy. Project Syndicate’s contributors assess the domestic and international implications of America's polarizing economic policies and dysfunctional politics.

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  1. The Founding Fathers’ Fiscal Crisis

    The Founding Fathers’ Fiscal Crisis

    Oct 2, 2013 Peter Singer on the constitutional roots of America's fiscal crisis.

  2. America’s Endless Budget Battle
    pa3861c.jpg Paul Lachine

    America’s Endless Budget Battle

    Oct 1, 2013 Kenneth Rogoff What a US Default Would Mean for America and the World

  3. The Taper Chase
    pa1468c.jpg Paul Lachine

    The Taper Chase

    Sep 30, 2013 Martin Feldstein on why the Fed postponed the QE taper.

  4. Don’t Cry for Me, Ben Bernanke
    dr10c.jpg Dean Rohrer

    Don’t Cry for Me, Ben Bernanke

    Sep 27, 2013 Simon Johnson on the consequences of extending QE in the US.

  5. The Taper and Its Shadow
    pa3234c.jpg Paul Lachine

    The Taper and Its Shadow

    Sep 27, 2013 J. Bradford DeLong on QE, interest rates, and systemic risk.

  6. Occupy QE
    pa4169c.jpg Paul Lachine

    Occupy QE

    Sep 25, 2013 Stephen S. Roach on the Fed and why continuing QE is a bad idea.

  1. neier64_ALEXANDER NEMENOVAFP via Getty Images_putinbrezhnev Alexander Nemenov/AFP via Getty Images

    Putin’s Brezhnev Moment

    Aryeh Neier draws parallels between the regime’s ongoing crackdown on civil society and late Soviet repression.
  2. delong249_guoyaGetty Images_economicpie guoya/Getty Images

    Utopia or Bust

    J. Bradford DeLong considers our options for both expanding and effectively slicing the proverbial economic pie.
  3. op_anheier13_CHRISTOF STACHEAFP via Getty Images_scholzbaerbockhabecklindner Christof Stache/AFP via Getty Images

    Germany’s Reckoning

    Helmut K. Anheier

    Germany is now grappling with a host of difficult questions about its place in the world, the nature of its politics, and its most cherished values. For a pacifist society in a new age of conflict and war, everything must change if things are to remain the same.

    traces the contours of the country's debate, triggered by the Ukraine war, about its strategic future.
  4. coyle29_ Frank Rumpenhorstpicture alliance via Getty Images_chatgpt Frank Rumpenhorst/picture alliance via Getty Images

    Preempting a Generative AI Monopoly

    Diane Coyle urges policymakers to take steps to counter the anti-competitive implications of a rapidly emerging market.
  5. nye238_Kevin DietschGetty Images_biden kishida Kevin Dietsch/Getty Images

    Japan’s Strategic Imperative

    Joseph S. Nye, Jr. sees the country doubling down on its best option for ensuring national security and regional stability.
  6. zhang59_JADE GAOAFP via Getty Images_chinahousing Jade Gao/AFP via Getty Images

    China’s Savings Conundrum

    Zhang Jun explains why – and how – the country must stimulate household consumption to achieve a robust recovery.
  7. BP inflation hawks China News Service / Contributor via Getty Images

    The Flight of the Inflation Hawks

    Though the US Federal Reserve’s first interest-rate hike of 2023 is smaller than those that preceded it, policymakers have signaled that more increases are on the way, despite slowing price growth. But there is good reason to doubt the utility – and fear the consequences – of continued rate hikes, on both sides of the Atlantic.

  8. boly1_Giovanni MereghettiUCGUniversal Images Group via Getty Images_agriculture rwanda Giovanni Mereghetti/UCG/Universal Images Group via Getty Images

    How to Transform African Agriculture

    Safia Boly & Omid Kassiri identify four principles that could help governments across the continent boost food security.
  9. borrell19_ FADEL SENNAAFP via Getty Images_ukrainewar Fadel Senna/AFP via Getty Images

    Making Ukrainian Victory Possible

    Josep Borrell explains why continued military support and other forms of assistance remain critical.

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