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    Can US Institutions Withstand Trump 2.0?

    Featured in this Big Question

    Daron Acemoglu, Bruce Ackerman, Aziz Huq, Alison L. LaCroix, Richard K. Sherwin

    While some observers doubt that US President-elect Donald Trump poses a grave threat to US democracy, others are bracing themselves for the destruction of the country’s constitutional order. With Trump’s inauguration just around the corner, we asked PS commentators how vulnerable US institutions really are.

  2. op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images
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    False Economies

    William H. Janeway

    For decades, an efficiency-centered “economic style” has dominated public policy, overriding the concerns for fairness that animated the New Deal and Lyndon B. Johnson’s Great Society. Now, Americans must brace for economic governance that delivers neither efficiency nor fairness, only chaos.

     highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.
  3. karl3_Apu GomesGetty Images_LAfires Apu Gomes/Getty Images
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    A House Gutted by Fire

    Terry Lynn Karl blames the inferno now consuming Los Angeles County squarely on greenhouse-gas emissions.
  4. strain35_Christina HouseGettyImages_commencement_ceremony Christina House/Getty Images
    1

    Could High-Skill Immigration Increase Under Trump?

    Michael R. Strain argues that the recent kerfuffle over foreign workers underscores the president-elect’s pragmatic instincts.
  5. delaney1_Jose JimenezGettyImages_bahamas_dorian Jose Jimenez/Getty Images
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    Turning the Financial Tide for Small Island States

    Maya Delaney & Aminath Shauna tout the potential of green and blue bonds to protect critical ecosystems and build economic resilience.
  6. velasco155_Apu GomesGetty Images_musk Apu Gomes/Getty Images
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    Crypto’s Unholy Choir

    Andrés Velasco hears a chorus of deceivers, demagogues, dictators, and tax dodgers singing Donald Trump’s praises.
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    School Meals Provide Food for Thought – and Fuel for Development

    Gordon Brown & Kevin Watkins tout universal nutrition programs in lower-income countries to mitigate a lost decade for poor children.
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    The Economic Consequences of Trump 2.0

    Simon Johnson explains why reality is unlikely to come close to matching the US president-elect's rhetoric.
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    A Triple Fiscal Crisis Is Jeopardizing Climate Action

    Vera Songwe & Guido Schmidt-Traub urge global policymakers to provide low-income countries with the resources to invest in sustainable growth.
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  1. Turning the Financial Tide for Small Island States
    delaney1_Jose JimenezGettyImages_bahamas_dorian Jose Jimenez/Getty Images

    Turning the Financial Tide for Small Island States

    Jan 17, 2025 Maya Delaney & Aminath Shauna tout the potential of green and blue bonds to protect critical ecosystems and build economic resilience.

  2. School Meals Provide Food for Thought – and Fuel for Development
    brown116_Timur MatahariGettyImages_indonesia_free_school_meals Timur Matahari/Getty Images

    School Meals Provide Food for Thought – and Fuel for Development

    Jan 17, 2025 Gordon Brown & Kevin Watkins tout universal nutrition programs in lower-income countries to mitigate a lost decade for poor children.

  3. A House Gutted by Fire
    karl3_Apu GomesGetty Images_LAfires Apu Gomes/Getty Images

    A House Gutted by Fire

    Jan 17, 2025 Terry Lynn Karl blames the inferno now consuming Los Angeles County squarely on greenhouse-gas emissions.

  4. False Economies
    op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images

    False Economies

    Jan 17, 2025 William H. Janeway highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.

  5. Can US Institutions Withstand Trump 2.0?
    bq trump institutions Photo by Brendan McDermid-Pool/Getty Images

    Can US Institutions Withstand Trump 2.0?

    Jan 16, 2025 PS Commentators consider whether any institutional checks can restrain the president-elect’s worst impulses.

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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.  

  1. op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images
    1

    False Economies

    William H. Janeway

    For decades, an efficiency-centered “economic style” has dominated public policy, overriding the concerns for fairness that animated the New Deal and Lyndon B. Johnson’s Great Society. Now, Americans must brace for economic governance that delivers neither efficiency nor fairness, only chaos.

     highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.
  2. bq trump institutions Photo by Brendan McDermid-Pool/Getty Images
    0

    Can US Institutions Withstand Trump 2.0?

    Featured in this Big Question

    Daron Acemoglu, Bruce Ackerman, Aziz Huq, Alison L. LaCroix, Richard K. Sherwin

    While some observers doubt that US President-elect Donald Trump poses a grave threat to US democracy, others are bracing themselves for the destruction of the country’s constitutional order. With Trump’s inauguration just around the corner, we asked PS commentators how vulnerable US institutions really are.

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    Ricardo Hausmann on immigration, climate finance, economic complexity, and more

    Ricardo Hausmann urges the US to issue more H1-B visas, argues that Europe must become a military superpower in its own right, applies the “growth diagnostics” framework to Venezuela, and more.
  4. op_goldin3_Timothy HearsumDesign Pics EditorialUniversal Images Group via Getty Images_USmigrantworker Timothy Hearsum/Design Pics Editorial/Universal Images Group via Getty Images
    1

    The Truth About Migration

    Ian Goldin warns that stricter border controls often exacerbate the very problems they aim to solve.
  5. stiglitz343_ChipSomodevillaGettyImages_trump_goofy Chip Somodevilla/Getty Images
    2

    What Will Trump Do to the US Economy?

    Featured in this Big Picture

    PS editors , Joseph E. Stiglitz , Kenneth Rogoff , Sylvester Eijffinger , Edin Mujagic , Nouriel Roubini , Simon Johnson

    From cutting taxes to raising tariffs to eroding central-bank independence, US President-elect Donald Trump has made a wide range of economic promises, many of which threaten to blow up the deficit and fuel inflation. But powerful institutional, political, and economic constraints, together with Trump’s capriciousness, have spurred disagreement about how worried we should be.

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    Our AI Near-Future

    Charles Ferguson offers a brief roadmap of how the technology will evolve and be deployed over the next few years.

The world’s diplomatic, political, and economic divisions continue to harden – both between countries and within them. Whereas 2022 and 2023 featured a war of attrition in Ukraine, we have since entered a broader world of attrition, with zero-sum conflicts multiplying across the board.

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Sustainability Now brings together leading voices in all of the domains involved in combating climate change, each addressing specific facets of the challenge.

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  1. wagner31_Westend61Getty Images_climatependulum Westend61/Getty Images
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    The Climate Policy Pendulum

    Gernot Wagner notes that green technologies retain their many advantages, regardless of national political developments.
  2. barral1_CARL DE SOUZAAFP via Getty Images_brazilsolarpower Carl de Souza/AFP via Getty Images
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    What Climate Justice Means for Latin America and the Caribbean

    Thiago Barral & Woochong Um urge policymakers to work with key stakeholders to accelerate the uptake of renewables.
  3. usrof1_Robert AlexanderGetty Images_clouds Robert Alexander/Getty Images
    Free to read
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    Ban Solar Geoengineering

    Mohammed Usrof, et al. predict that the controversial technology will foist upon young people yet another crisis they did not create.

Opinion that Moves

  1. Anders Åslund Putin’s War Is Fueling Russian Stagflation
  2. Mohamed A. El-Erian Shock-Proofing the UK Economy
  3. Barry Eichengreen Can Trump Dump the Dollar?
  4. Joseph E. Stiglitz, et al. A No-Brainer for Global Growth and US Jobs

  1. Michael R. Strain Could High-Skill Immigration Increase Under Trump?
  2. Eric Posner What Happened to International Law?
  3. Ana Palacio Europe’s Year of Fundamental Choices
  4. Lilian Coral, et al. Texas’s Online Age-Verification Law Must Be Overturned

  1. Gordon Brown, et al. School Meals Provide Food for Thought – and Fuel for Development
  2. Angela Bandemehr, et al. Revealing an Invisible Health Threat
  3. Kweilin Ellingrud, et al. Subsistence Is Not Enough
  4. Indermit Gill, et al. Services Are the New Road to Development

  1. Maya Delaney, et al. Turning the Financial Tide for Small Island States
  2. Terry Lynn Karl A House Gutted by Fire
  3. Gernot Wagner The Climate Policy Pendulum
  4. Thiago Barral, et al. What Climate Justice Means for Latin America and the Caribbean

  1. Philippe Aghion, et al. What AI Means for Growth and Jobs
  2. Robin Berjon Social Media as It Should Be
  3. Yana Gevorgyan AI Alone Won’t Save the Planet
  4. Sylvain Duranton, et al. Europe’s CEOs Must Speak Up on AI Regulation

  1. Slavoj Žižek Fundamentalist Perverts
  2. Ian Buruma Ukraine’s Existential Culture War
  3. Helen Prejean An Injustice That Biden Can Still Set Right
  4. Peter Singer Australia’s Great Social-Media Experiment

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

  1. Hippolyte Fofack Trump Can’t Stop De-Dollarization
  2. Adekeye Adebajo What Trump’s Return Means for Africa
  3. William Ruto A New Deal for Developing Countries

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

  1. Katrin Kivi The Case for Press Freedom Just Got Stronger
  2. Geoff Mulgan The Right to Truth
  3. Nishant Lalwani, et al. As Disinformation Thrives, Democracy Dies

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

  1. Brahma Chellaney Will Trump Crack the Mystery of COVID’s Origin?
  2. Antara Haldar COVID’s Lessons Have All Been Forgotten
  3. Gro Harlem Brundtland Recommitting to Pandemic Preparedness