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  1. op_livingston4_PolinmrGetty Images_capitalism money Polinmr/Getty Images

    What Was Capitalism?

    James Livingston asks whether those at the commanding heights of today's economy are steering us toward feudalism or fatuousness.
  2. op_skaczynski1_DEVI RAHMANAFP via Getty Images_nft Devi Rahman/AFP via Getty Images

    The Rise of Consumer Crypto

    Steve Kaczynski & Scott Duke Kominers detail a wide range of business uses for non-fungible tokens and other blockchain-based technologies.
  3. op_goldston1_Hulton ArchiveGetty Images_nuremberg Hulton Archive/Getty Images

    The Fog of War Crimes

    James A. Goldston shows why the accusation of double standards has accompanied international criminal justice since its birth.
  4. op_varoufakis2_delorsschauble Michel Turpin/Gamma-Rapho and Michele Tantussi via Getty Images

    The Two Faces of the Euro

    Yanis Varoufakis traces the monetary union's travails to the conflicting visions of Jacques Delors and Wolfgang Schäuble.
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    Winter Sale

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  6. op_dma1_ FREDERIC J. BROWNAFP via Getty Images_chinamilitary Frederic J. Brown/AFP via Getty Images

    China’s Long March Back to Stagnation

    Debin Ma considers the modern and ancient historical roots of the country's recent successes and failures.
  7. op_mueller5_Brett CarlsenGetty Images_liberalism Brett Carlsen/Getty Images

    Liberalism’s Forever Crisis

    Jan-Werner Mueller argues that some recent critiques misunderstand the liberal project and its objectives.
  8. op_whatley21_MARCUS YAM  LOS ANGELES TIMES_gazawar Marcus Yam/Los Angeles Times/Getty Images

    PS Commentators’ Predictions for 2024

    PS editors asked commentators to suggest national and global trends to look out for in the coming year.
  9. op_frenkel1_MANDEL NGANAFP via Getty Images_fed MANDEL NGAN/AFP via Getty Images

    The World Needs a Humble Approach to Central Banking

    Jacob Frenkel, et al. explain why monetary policymakers must accept a deliberately narrow mandate.
  10. op_mkurz2_GREG BAKERAFP via Getty Images_apple GREG BAKER/AFP via Getty Images

    Market Power Is Permanent, and Technological Competition Does Not Remove It

    Mordecai Kurz shows that technological change leads not to disruption, but to deeper, more enduring forms of market power.
  11. op_roubini4_Marc PiscottyGetty Images_wildfire Marc Piscotty/Getty Images

    Our Megathreatened Age

    Nouriel Roubini predicts a bright future – if we can survive the next few decades of economic instability and political chaos.
  12. op_tyson1_Doug MillsPoolGetty Images_bidensemiconductorchip Doug Mills/Pool/Getty Images

    The New Industrial Policy and Its Critics

    Laura Tyson & John Zysman explain how a government-led economic strategy can promote market competition and innovation.
  13. op_bessiere1_bymuratdenizGetty Images_divorce bymuratdeniz/Getty Images

    The Hidden Gender Wealth Gap

    Céline Bessière & Sibylle Gollac document an underappreciated form of inequality that threatens to set women back once again.

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