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  1. rodrik212_Stephen MaturenGetty Images_biden Stephen Maturen/Getty Images
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    What Kind of Industrial Policy Works?

    Featured in this Big Picture

    PS editors, Raghuram G. Rajan, J. Bradford DeLong, Dani Rodrik, Pinelopi Koujianou Goldberg

    After a decades-long love affair with laissez-faire policies, many governments – notably in developed countries – are increasingly seeking to shape their economies through tariffs, subsidies, public procurement, and more. But not all industrial policies are created equal, and understanding their nuances and limitations is critical to their success.

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    Inflation Shamanism

    James K. Galbraith

    Following the US Federal Reserve's decision to cut its policy rate by 50 basis points, mainstream economists are heaping praise on the central bank for supposedly reining in inflation while also maintaining growth and high employment levels. Yet the data clearly show that monetary policy has been mostly a non-factor.

     marvels at the Federal Reserve's ability to win praise for positive outcomes it did not cause.
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    Where Is the War in Ukraine Heading?

    Carl Bildt argues that while neither side can attain victory, peace remains plausible if certain conditions are met.
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    Financing Nature

    Razan Khalifa Al Mubarak & Bogolo Kenewendo propose ways to unlock more public and private capital for investments in preserving and restoring the planet.
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    The Need for Methane Targets

    Marcelo Mena & Sarah Ann Smith urge China and the United States to take the lead in committing to cut emissions from super pollutants.
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    Africa’s Climate-Security Agenda

    Hakainde Hichilema sees global warming as a threat to development and peace on the continent, and explains what to do about it.
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    How China Is Preparing for America’s Next President

    Yu Jie assesses Chinese efforts to prevent deteriorating bilateral relations from hindering economic growth.
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    Free to read
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    China’s Economic Paradox

    Yuen Yuen Ang explains a seemingly contradictory trajectory characterized by a high-tech boom and stagnating growth.
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    Macron’s Trial by Fire

    Hugo Drochon reflects on the French president's efforts to maintain control after a painful election season.
  10. PS Events: Climate Week NYC 2024
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    PS Events: Climate Week NYC 2024

    Project Syndicate is returning to Climate Week NYC with an even more expansive program. Join us live on September 22 as we welcome speakers from around the world at our studio in Manhattan to address critical dimensions of the climate debate.

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  1. Financing Nature
    almubarak2_Leisa TylerLightRocket via Getty Images_kwazulu natal Leisa Tyler/LightRocket via Getty Images

    Financing Nature

    Sep 20, 2024 Razan Khalifa Al Mubarak & Bogolo Kenewendo propose ways to unlock more public and private capital for investments in preserving and restoring the planet.

  2. Inflation Shamanism
    galbraith36_STRNurPhoto via Getty Images_krugman STR/NurPhoto via Getty Images

    Inflation Shamanism

    Sep 20, 2024 James K. Galbraith marvels at the Federal Reserve's ability to win praise for positive outcomes it did not cause.

  3. Where Is the War in Ukraine Heading?
    bildt127_ROMAN PILIPEYAFP via Getty Images_ukrainewar Roman Pilipey/AFP via Getty Images

    Where Is the War in Ukraine Heading?

    Sep 20, 2024 Carl Bildt argues that while neither side can attain victory, peace remains plausible if certain conditions are met.

  4. What Kind of Industrial Policy Works?
    rodrik212_Stephen MaturenGetty Images_biden Stephen Maturen/Getty Images

    What Kind of Industrial Policy Works?

    Sep 20, 2024 PS Commentators consider the potential and limitations of state intervention in the economy.

  5. How China Is Preparing for America’s Next President
    jyu3_ADEK BERRYAFP via Getty Images_cpc ADEK BERRY/AFP via Getty Images

    How China Is Preparing for America’s Next President

    Sep 20, 2024 Yu Jie assesses Chinese efforts to prevent deteriorating bilateral relations from hindering economic growth.

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OnPoint is our suite of subscriber-exclusive content. Get long-read commentaries, thematic deep dives, interviews with world leaders, and much more. Learn more.  

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    Abortion and Reproductive Rights Are Economic Issues

    Laura Tyson

    Too often, the press and voters treat abortion, and reproductive rights more broadly, as well as other “family” issues – like child tax credits, paid family leave policies and affordable childcare – as somehow different from economic issues. But they are not.

     shows why abortion, childcare, and parental leave are not merely “family” issues.
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    What Harris and Trump Will Do

    Featured in this Big Picture

    PS editors, Ian Bremmer, Joseph S. Nye, Jr., Anders Åslund, Shang-Jin Wei, Joseph E. Stiglitz, Daron Acemoglu

    With less than two months to go until the US presidential election, the candidates’ opposing worldviews, objectives, and priorities – and their implications for international relations, the economy, and democracy – have come into sharper focus. While it is impossible to know exactly what a leader will do once in office, the contours of both a Donald Trump and a Kamala Harris presidency are remarkably well defined.

  3. op_drochon4_LUDOVIC MARINPOOLAFP via Getty Images_macron Ludovic Marin/Pool/AFP via Getty Images
    2

    Macron’s Trial by Fire

    Hugo Drochon reflects on the French president's efforts to maintain control after a painful election season.
  4. Rodrik_Say-More_Rawf8-via-GettyRF
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    Kishore Mahbubani on the US-China rivalry, Asian security risks, and more

    Kishore Mahbubani offers advice to Western diplomats attempting to engage with Asia, identifies risks to the region’s stability, highlights Singapore’s lessons for developing-country leaders, and more.
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    The Water-Security Crisis

    Mariana Mazzucato, et al. call attention to a global problem that demands far more attention from policymakers at all levels.
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    The Chinese Overcapacity Puzzle

    Featured in this Big Picture

    PS editors , Yu Yongding , Arvind Subramanian , Zhang Jun , Yi Fuxian

    Several developments in recent years, from sustained renminbi appreciation to increasingly aggressive Western tariffs, should have eroded China’s global manufacturing dominance, but have not. Why has China’s share of global manufacturing exports continued to rise, and what might turn the tide?

More than just a test of humanity’s collective resolve, climate change is also a test of existing institutions, and that makes it a profound security risk. When a fully globalized, interdependent world is placed in a kiln and the heat is turned up, some systems will eventually emerge stronger, but many others will fail.

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    Put a Price on Shipping Emissions

    Shania Scotland calls on small island countries to back a proposed levy on maritime greenhouse-gas emissions.
  2. mena2_Pallava BaglaCorbis via Getty Images_methane Pallava Bagla/Corbis via Getty Images
    0

    The Need for Methane Targets

    Marcelo Mena & Sarah Ann Smith urge China and the United States to take the lead in committing to cut emissions from super pollutants.
  3. zadek30_Jonas GratzerLightRocket via Getty Images_bioplastic Jonas Gratzer/LightRocket via Getty Images
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    Only a Sustainable Bioeconomy Can Save Us

    Simon Zadek argues that investing in biodiversity while the global economy continues to over-exploit resources is futile.

Opinion that Moves

  1. Marina Zucker-Marques, et al. The World Needs Bigger and Better Financial Firefighters
  2. Robert Skidelsky Britain’s Illusory Fiscal Black Hole
  3. Pinelopi Koujianou Goldberg What a Successful Industrial Policy Needs
  4. Zhang Jun China’s Commitment to Constant Adaptation and Structural Transformation

  1. Carl Bildt Where Is the War in Ukraine Heading?
  2. Yu Jie How China Is Preparing for America’s Next President
  3. Chris Patten The New Threat to Free Speech
  4. Anders Fogh Rasmussen, et al. Achieving Peace Through Strength in Ukraine

  1. Jess Ayers, et al. Helping Women Adapt to Extreme Heat Helps Us All
  2. Yi Fuxian China Shuts Down Its International-Adoption Machine
  3. Rana Hendy, et al. Egypt’s Skyrocketing C-Sections
  4. Soumya Swaminathan, et al. Tracking Air Quality the Right Way

  1. Shania Scotland Put a Price on Shipping Emissions
  2. Marcelo Mena, et al. The Need for Methane Targets
  3. Simon Zadek Only a Sustainable Bioeconomy Can Save Us
  4. Erik Berglöf Africa’s Path to Green Prosperity

  1. Christian Catalini, et al. Crypto Policy Needs to Empower Builders, Not Speculators
  2. Angela Huyue Zhang Authoritarian Countries’ AI Advantage
  3. Peter G. Kirchschläger Beware of Big Tech Steering AI Regulation
  4. Diane Coyle Will the AI Revolution Lead to Greater Prosperity?

  1. Peter Singer, et al. Protesting Ethically
  2. Edoardo Campanella Venice’s Beauty Curse
  3. Robert Skidelsky The Enduring Appeal of Live Performance
  4. Anna Husarska A Glimmer of Hope for Afghanistan’s Girls and Women

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

  1. Erik Berglöf Africa’s Path to Green Prosperity
  2. Hippolyte Fofack Confronting Africa’s Cost-of-Living Crisis
  3. Kehinde A. Togun What’s Driving Africa’s Protests?

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

  1. Geoff Mulgan The Right to Truth
  2. Nishant Lalwani, et al. As Disinformation Thrives, Democracy Dies
  3. Antonio Zappulla To Protect Democracy, Protect Exiled Journalists

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

  1. Gro Harlem Brundtland Recommitting to Pandemic Preparedness
  2. Winnie Byanyima, et al. How to Protect the World from the Next Pandemic
  3. Tom Achoki, et al. Preparing Now for the Next Disease X