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    The Napoleons of Big Tech

    Bill Emmott

    Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearned.

    sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.
  2. borrell18_ Muhammed Emin CanikAnadolu Agency via Getty Images_borrellargentina Muhammed Emin Canik/Anadolu Agency via Getty Images

    Why Europe and Latin America Need Each Other

    Josep Borrell urge European Union and Latin American leaders to revive momentum toward a long-overdue trade agreement.
  3. berkley13_Tafadzwa UfumeliGetty Images_covax vaccines Tafadzwa Ufumeli/Getty Images

    The Climate Crisis Is Also a Health Crisis

    Seth Berkley & Werner Hoyer explain why global leaders must urgently introduce equitable pandemic-response mechanisms.
  4. BP - ftx NurPhoto / Contributor via Getty Images

    The Crypto Emperor’s New Clothes

    Featured in this Big Picture

    Harold James, Peter Singer, Andrés Velasco, Kenneth Rogoff, Jonathan Levy

    The collapse of several crypto platforms this year – including the spectacular crash of the second-largest cryptocurrency exchange, FTX – has raised fundamental questions about the credibility of a digital innovation once hailed as the key to democratizing finance. Has crypto finally been exposed as a scam, or will a new, stronger crypto industry emerge from the current turmoil?

  5. rpersaud18_Marvin Ibo Guengoer - GES SportfotoGetty Images_saudiarabiaworldcup Marvin Ibo Guengoer/GES Sportfoto/Getty Images

    The World Cup Syndrome

    Raj Persaud reflects on the effects that loving the “beautiful game” can have on one’s health and finances.
  6. haldar15_ Tayfun CoskunAnadolu Agency via Getty Images_twitter Tayfun Coskun/Anadolu Agency via Getty Images

    Killing Twitter

    Antara Haldar explains what Elon Musk fundamentally misunderstands about the platform – and about free speech.
  7. johnson156_LOIC VENANCEAFP via Getty Images LOIC VENANCE/AFP via Getty Images

    Russia’s Financial Crisis Must Come Sooner

    Simon Johnson shows why a low price cap for the country’s crude exports would render the Kremlin’s war economy untenable.
  8. patten147_ Leon NealGetty Images_sunak Leon Neal/Getty Images

    Rishi Sunak’s Daunting Challenge

    Chris Patten urges the UK prime minister to join the battle for the soul of the Conservative Party after a disastrous year.
  9. sheng131Jiang QimingChina News Service via Getty Images_pboc Jiang Qiming/China News Service via Getty Images

    QE with Chinese Characteristics?

    Andrew Sheng & Xiao Geng urge China to use monetary policy to tackle some of the biggest challenges it faces.
  10. op_stiglitz6_Anna MoneymakerGetty Images_USabortionprotest Anna Moneymaker/Getty Images

    America's Silent Progressive Majority

    Joseph E. Stiglitz considers what the midterm election results indicate about voters' real priorities.
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Latest

  1. The Economics of Mainstreaming Climate Action
    pisaniferry140_Sean GallupGetty Images_cop27 Sean GallupGetty Images

    The Economics of Mainstreaming Climate Action

    Dec 1, 2022 Jean Pisani-Ferry & Selma Mahfouz identify the risks and short-term costs associated with the energy transition over the next decade.

  2. Killing Twitter
    haldar15_ Tayfun CoskunAnadolu Agency via Getty Images_twitter Tayfun Coskun/Anadolu Agency via Getty Images

    Killing Twitter

    Dec 1, 2022 Antara Haldar explains what Elon Musk fundamentally misunderstands about the platform – and about free speech.

  3. The Napoleons of Big Tech
    emmott41_musk

    The Napoleons of Big Tech

    Dec 1, 2022 Bill Emmott sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.

  4. The Crypto Emperor’s New Clothes
    BP - ftx NurPhoto / Contributor via Getty Images

    The Crypto Emperor’s New Clothes

    Dec 1, 2022 PS Commentators consider the likely impact of the FTX debacle.

  5. The Climate Crisis Is Also a Health Crisis
    berkley13_Tafadzwa UfumeliGetty Images_covax vaccines Tafadzwa Ufumeli/Getty Images

    The Climate Crisis Is Also a Health Crisis

    Dec 1, 2022 Seth Berkley & Werner Hoyer explain why global leaders must urgently introduce equitable pandemic-response mechanisms.

Trending

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    Saadia Zahidi on government spending, debt distress, the Iran protests, and more

    Saadia Zahidi argues that social-safety nets must be customized and targeted to ensure efficiency, advocates a more responsible approach to deficit reduction and fiscal consolidation, describes the complex recipe for helping countries reap the benefits of greater female labor-force participation, and more.
  2. op_stiglitz6_Anna MoneymakerGetty Images_USabortionprotest Anna Moneymaker/Getty Images

    America's Silent Progressive Majority

    Joseph E. Stiglitz considers what the midterm election results indicate about voters' real priorities.
  3. BQ – West Give in to Russia NurPhoto / Contributor via Getty Images

    Will the West Give in to Russia?

    Featured in this Big Question

    Shlomo Ben-Ami, Simon Johnson, Salome Samadashvili, Charles Tannock

    From soaring inflation to a deepening energy crisis, the United States and Europe are facing no shortage of economic challenges, and Russia’s war against Ukraine – and the sanctions imposed in response to it – bears much of the blame. As Russia launches new rounds of missile attacks, we asked PS commentators what the West should be doing for Ukraine – and how likely it is to do it.

  4. op_lyubka1_Sergei ChuzavkovSOPA ImagesLightRocket via Getty Images_ukrainestatue Sergei Chuzavkov/SOPA Images/LightRocket via Getty Images

    A Writer’s War

    Andriy Lyubka interviewed by Kate Tsurkan

    Ukrainians have shown the world that they are determined to reclaim their country's territory and drive out all Russian forces. But does that mean they must drive out Bulgakov and Pushkin, too?

    about Ukraine’s literary front – and volunteering on the military one.
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    Thucydides’s Trade Trap

    Featured in this Big Picture

    Dani Rodrik, Pinelopi Koujianou Goldberg, Carl Bildt, Sergei Guriev, Nouriel Roubini

    When it comes to trade policy, the West has lately been embracing the adage, “Keep your friends close.” But will its failure to heed the maxim’s ironic kicker – “and keep your enemies closer” – ultimately hurt their economies, undermine their global standing, and perhaps most important, make war with China more likely?

  6. basu52_Yuichiro Chino_getty Images_figures Yuichiro Chino/Getty Images

    Nouriel Roubini on stagflation, debt distress, financial innovation, and more

    Nouriel Roubini explains why advanced-economy central banks have only bad options, highlights barriers to tackling inequality, predicts that China’s growth slowdown will continue, and more.
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  1. owhite5_Oliver Llaneza HesseConstruction PhotographyAvalonGetty Images_coppermine Oliver Llaneza Hesse/Construction Photography/Avalon/Getty Images

    Reimagining Our Global Connections

    Olivia White & Jonathan Woetzel show that retreating from global interconnectedness is both unworkable and unnecessary.
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    Free to read

    Nuclear Power Is Not the Answer

    Antony Froggatt shares new findings showing that the technology can no longer compete with renewable-energy options.
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    Clean Power Is the First Domino

    Damilola Ogunbiyi, et al. urge world leaders to focus on full electricity-grid decarbonization to unlock climate progress elsewhere.

Opinion that Moves

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  3. Suma Chakrabarti, et al. Rebooting the World Bank
  4. Harold James Faking It, Making It, Losing It

  1. Chris Patten Rishi Sunak’s Daunting Challenge
  2. Simon Johnson Russia’s Financial Crisis Must Come Sooner
  3. Josep Borrell Why Europe and Latin America Need Each Other
  4. Joschka Fischer The Birth of a New International Order

  1. Seth Berkley, et al. The Climate Crisis Is Also a Health Crisis
  2. S. Alex Yang, et al. No Easy Exit from Zero-COVID
  3. Werner Hoyer, et al. Global Health Is the Best Investment We Can Make
  4. Mariana Mazzucato, et al. The World Is Still Failing at Pandemic Preparedness and Response

  1. Jean Pisani-Ferry, et al. The Economics of Mainstreaming Climate Action
  2. Olivia White, et al. Reimagining Our Global Connections
  3. Naoko Ishii, et al. Make COP27 a Turning Point for Food Systems
  4. Gernot Wagner Who Pays for Climate Change?

  1. Bill Emmott The Napoleons of Big Tech
  2. Yanis Varoufakis The Techno-Feudal Method to Musk’s Twitter Madness
  3. Anne-Marie Slaughter, et al. Defending Democracies’ Information Infrastructure
  4. Christopher Pissarides, et al. Leveraging Data for the Public Good

  1. Antara Haldar Killing Twitter
  2. Jason Stanley Elon Musk’s Not-so-Hidden Agenda
  3. Raj Persaud The World Cup Syndrome
  4. Peter Singer Has the FTX Debacle Discredited Effective Altruism?

Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W…

  1. Julius Maada Bio Africa’s Education Opportunity
  2. Hippolyte Fofack Fairer Green Finance
  3. Tony Blair COP27 Is About Africa and Action

Today’s media landscape is littered with landmines: open hostility from illiberal and autocratic regimes, mounting censorship in countries such as Hungary, Turkey,…

  1. Arzu Geybulla Facebook Is Failing Journalists
  2. Anne-Marie Slaughter, et al. Defending Democracies’ Information Infrastructure
  3. Alexander Schallenberg, et al. Defending Democracy’s Defenders

As the COVID-19 crisis escalates, PS commentators assess its implications for the economy, propose policy responses, and consider what might – and sho…

  1. S. Alex Yang, et al. No Easy Exit from Zero-COVID
  2. Mariana Mazzucato, et al. The World Is Still Failing at Pandemic Preparedness and Response
  3. Ebere Okereke, et al. Making the Most of Africa’s Pandemic Dividend