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  1. acemoglu25_photographer is my life_getty images_globe photographer is my life/Getty Images

    The Case for a Quadripolar World

    Daron Acemoglu

    According to the conventional wisdom, the twenty-first century will be characterized by the global shift from American hegemony to Sino-American rivalry. But a bipolar international order is neither inevitable nor desirable, and we should start imagining and working toward alternative arrangements. 

    offers an imperfect but preferable alternative to the emerging Sino-American hegemonic rivalry.
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  2. stiglitz281_Alex WongGetty Images_janet yellen Alex Wong/Getty Images

    What Yellen Must Do

    Joseph E. Stiglitz

    Although the United States has survived four years of gross incompetence and pathological mendacity, it now faces the daunting task of achieving a sustainable post-pandemic recovery. Fortunately, no one is better equipped to deal with today’s economic challenges than the next US treasury secretary. 

    explains how the next US treasury secretary can help to undo some of the damage of the past four years.
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  3. From Paris to 2030
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    From Paris to 2030

    It’s been five years since the landmark 2015 Paris climate agreement. As the world looks towards the next ten years, join our virtual sustainability event on December 9 for a series of in-depth discussions on the issues of global climate leadership and climate action.

    REGISTER NOW

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op_janeway7_Spencer PlattGetty Images_inequality protest Spencer Platt/Getty Images

How Inequality Reduces Growth

William H. Janeway

A large body of academic research has emerged to explain why wealth and income inequality are hitting new highs, and why productivity growth continues to decline. A powerful new synthesis by a leading macroeconomist shows that the two trends are deeply intertwined.

examines the causes of widening inequality since 1980 and stagnant productivity since 2000.
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Poland EU Beata Zawrzel/NurPhoto via Getty Images

Europe’s Populist High Noon

Featured in this Big Picture
  1. Yana Ehm Yana Ehm ,
  2. Claudia Gamon Claudia Gamon ,
  3. Melvyn Krauss Melvyn Krauss ,
  4. Philippe Legrain Philippe Legrain ,
  5. Mitchell A. Orenstein Mitchell A. Orenstein ,
  6. Sławomir Sierakowski Sławomir Sierakowski ,
  7. George Soros George Soros ,
  8. Elisabeth von Hammerstein Elisabeth von Hammerstein

Joe Biden’s election as president of the United States has dealt a serious blow to the illiberal nationalist governments of Hungary and Poland. But the ongoing dispute over the European Union’s new budget and COVID-19 recovery fund suggests that Europe’s right-wing populist leaders – and their attacks on the rule of law – are not about to fade away.

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Palestine’s Agony

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  1. Shlomo Ben-Ami,
  2. Jasmine M. El-Gamal,
  3. Richard Haass,
  4. Majdi Khaldi,
  5. Daoud Kuttab,
  6. Mark Leonard

Arab governments argued for decades that an Israeli-Palestinian peace should be the precondition for normalization of relations with the Jewish state. But the recent diplomatic breakthrough between Israel and the United Arab Emirates and Bahrain suggests a major regional shift that threatens to leave the Palestinians out in the cold.

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Waiting for Biden

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  1. Kemal Derviş,
  2. John B. Emerson,
  3. Sigmar Gabriel,
  4. Daniel Gros,
  5. Josef Joffe,
  6. Joseph S. Nye, Jr.,
  7. Ana Palacio,
  8. Sebastián Strauss

US President-elect Joe Biden’s victory has fueled hopes of renewed international cooperation after four years of President Donald Trump’s zero-sum “America First” approach to the world. But although Biden will undoubtedly improve the tone of US foreign policy, America’s allies and adversaries alike should be prepared for some hard bargaining in tackling major global threats.

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The African Century

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

Press Released1

Press Released

Today’s media landscape is littered with landmines: open hostility by US President Donald Trump, mounting censorship in countries such as Hungary, Turkey, a… read more

covid_19_GettyImages_1209209421 Chung Sung-Jun/Getty Images

The COVID-19 Crisis

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