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  1. sachs336_XinhuaLi Xueren via Getty Images_xi jinping Xinhua/Li Xueren via Getty Images

    Why the US Should Pursue Cooperation with China

    Jeffrey D. Sachs

    Cooperation is not cowardice, as American conservatives repeatedly claim. Both the US and China have much to gain from it: peace, expanded markets, accelerated technological progress, the avoidance of a new arms race, progress against COVID-19, a robust global jobs recovery, and a shared effort against climate change. 

    urges the US president to look past the consensus view that long-term strategic competition is inevitable.
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  2. Dollar printer Getty Images

    America’s Stimulus Debate

    Featured in this Big Picture
    1. Joseph E. Stiglitz Joseph E. Stiglitz ,
    2. James K. Galbraith James K. Galbraith ,
    3. Daron Acemoglu Daron Acemoglu ,
    4. George P. Shultz George P. Shultz ,
    5. John F. Cogan John F. Cogan ,
    6. John  B. Taylor John B. Taylor ,
    7. Robert Skidelsky Robert Skidelsky

    Many would regard the middle of a pandemic-induced economic crisis as the wrong time to sound the alarm about the potential dangers of profligate government spending. But as US President Joe Biden’s proposed $1.9 trillion economic rescue plan works its way through Congress, it is not only Republicans who are asking whether providing too much fiscal stimulus could be just as risky as delivering too little.

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Dollar printer Getty Images

America’s Stimulus Debate

Featured in this Big Picture
  1. Joseph E. Stiglitz Joseph E. Stiglitz ,
  2. James K. Galbraith James K. Galbraith ,
  3. Daron Acemoglu Daron Acemoglu ,
  4. George P. Shultz George P. Shultz ,
  5. John F. Cogan John F. Cogan ,
  6. John  B. Taylor John B. Taylor ,
  7. Robert Skidelsky Robert Skidelsky

Many would regard the middle of a pandemic-induced economic crisis as the wrong time to sound the alarm about the potential dangers of profligate government spending. But as US President Joe Biden’s proposed $1.9 trillion economic rescue plan works its way through Congress, it is not only Republicans who are asking whether providing too much fiscal stimulus could be just as risky as delivering too little.

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Russia arrest Mihail Siergiejevicz/SOPA Images/LightRocket via Getty Images

How Secure is Putin?

Featured in this Big Picture
  1. Alexei Navalny,
  2. Tikhon Dzyadko,
  3. Sławomir Sierakowski,
  4. Andrei Kolesnikov,
  5. Sergei Guriev,
  6. Nina L. Khrushcheva,
  7. Ana Palacio,
  8. Mark Leonard

Although the arrest and hasty imprisonment of opposition leader Alexei Navalny triggered Russia’s biggest wave of protests in years, President Vladimir Putin’s regime appears to be in little danger for now. But a stagnant economy, mounting anger at high-level corruption, and restless political elites could sooner or later threaten Putin’s seemingly well-entrenched regime.

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Pandemic playbook Dusan Stankovic/Getty Images

The Post-Pandemic Playbook

Featured in this Big Picture
  1. Jim O'Neill,
  2. Mariana Mazzucato,
  3. Diane Coyle,
  4. Raghuram G. Rajan,
  5. Nurul Izzah Anwar,
  6. Beverley McLachlin,
  7. Harold James

Calls by US President Joe Biden and others to “build back better” after the COVID-19 catastrophe have attracted widespread support, raising hopes of far-reaching changes in policymaking and business. But which new norms and concrete measures lie beyond leaders’ hortatory appeals, and who should implement them?

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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…