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What Harris and Trump Will Do

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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.

  1. op_drochon4_LUDOVIC MARINPOOLAFP via Getty Images_macron Ludovic Marin/Pool/AFP via Getty Images
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    Macron’s Trial by Fire

    Hugo Drochon

    Since the start of the Olympic Summer Games in Paris, Emmanuel Macron has reclaimed the initiative and confronted a political situation that is in many ways unprecedented for a French president. Not only has the center held, but the country may have a return to political stability in its sights.

     reflects on the French president's efforts to maintain control after a painful election season.
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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.
  3. mazzucato71 GettyImages-2159148172_AW Getty Images
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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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    US Election

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    The Chinese Overcapacity Puzzle

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    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?

  6. op_mjones2_KeystoneGetty Images_hitler Keystone/Getty Images
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    How Fascism Happens

    Mark Jones revisits Hitler's rise to power now that political violence and attacks on democracy are intensifying.
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    Fawaz A. Gerges on Iran, Gaza, US foreign policy, and more

    Fawaz A. Gerges argues that a crisis of US democracy is blocking substantive change in America’s Middle-East policy, highlights the disastrous legacies of US interventions in Iran and Guatemala, fears that Israel’s war in Gaza will engulf the region, and more.
  8. acemoglu49_Drew AngererGetty Images_capitol partisan divide Drew Angerer/Getty Images
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    Is Democracy Really in Retreat?

    Helmut K. Anheier, et al. trace the contours of the global ideological battle between liberalism and the “autocratic sufficiency thesis.”
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    US-China Relations after America’s Election

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    PS editors , Ian Bremmer , Nancy Qian , Stephen S. Roach

    After decades of facilitating and even encouraging China’s rise, the United States’ dramatic shift to a policy of containment continues apace, with both Republican and Democratic administrations imposing sweeping tariffs and other trade restrictions. How will the upcoming US presidential election affect the bilateral relationship, and what will this imply for the American, Chinese, and global economies?

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    The Real AI Risks

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    PS editors , Daron Acemoglu , Joseph S. Nye, Jr. , Charles Ferguson , Martin Beraja , David Y. Yang , Noam Yuchtman

    With the world’s major economies pouring investment into artificial intelligence, ensuring the technology’s safety before its applications are known has become an increasingly urgent policy imperative. While a sci-fi-style AI apocalypse is not impossible, more immediate risks to both security and democracy must be addressed.

  11. op_khruscheva4_Viacheslav OnyshchenkoSOPA ImagesLightRocket via Getty Images_pushkin Viacheslav Onyshchenko/SOPA Images/LightRocket via Getty Images
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    When Art Is All That Remains

    Nina L. Khrushcheva reflects on the ameliorative effect and emancipatory power of imaginative culture under repressive regimes.
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    What Soft Landing?

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    PS editors, Mohamed A. El-Erian, James K. Galbraith, J. Bradford DeLong, Kenneth Rogoff, Dambisa Moyo

    While stock markets have recovered somewhat from last Monday’s rout, investors remain rattled, fearing further volatility. What was behind the sudden selloff, and does it portend a period of escalating global economic distress – and even a US recession?

  13. op_lucero1_TanaonteGetty Images_USChinachip Tanaonte/Getty Images
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    Managing the Sino-American AI Race

    Karman Lucero explains the limits and remaining potential of official and unofficial dialogue on governance and guardrails.
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    James K. Galbraith on the US election, entropy economics, trade policy, and more

    James K. Galbraith says what it will take to improve Americans’ living standards, calls the concept of equilibrium a figment of economists’ imaginations, highlights a potential effect of tariffs that most textbooks do not anticipate, and more.

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PS OnPoint

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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