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  1. op_stiglitz7_Elizabeth ServatynskaSuspilne UkraineJSC UAPBCGlobal Images Ukraine via Getty Images_ukrainereconstruction Elizabeth Servatynska/Suspilne Ukraine/JSC/ UAPBC/Global Images Ukraine via Getty Images

    The Way Forward for Ukraine’s Economy

    Joseph E. Stiglitz & Andrew Kosenko

    With sufficient assistance from the West, Ukraine will prevail over its much larger and richer authoritarian neighbor. But to enjoy the fruits of victory, it will have to move faster in its transition from a post-communist oligarchy, while being careful to resist the siren call of free-market fundamentalism.

    offer a roadmap for guiding the country's recovery and reconstruction during and after the war.
  2. rodrik211_Xu WeijieVCG via Getty Images_chinashipbuilding Xu Weijie/VCG via Getty Images

    Industrial Policy Is Back. Now What?

    Featured in this Big Picture

    PS editors, Jakob Hafele, Célestin Monga, Tano Santos, Luigi Zingales, Dani Rodrik, James K. Galbraith

    How to design effective industrial policies has suddenly become a hot – and divisive – topic among economists and policymakers. Even those who agree that governments should intervene in the economy to bolster productivity, increase competitiveness, and tackle social and environmental challenges differ sharply on the details.

  3. pisaniferry147_EMMANUEL DUNANDAFP via Getty Images_frenchelection Emmanual Dunand/AFP via Getty Images

    Finding a New French Majority

    Jean Pisani-Ferry assesses what must happen to form a stable government after an election that produced a hung parliament.
  4. rajan93_cienpiesGetty Images_inflation cienpies/Getty Images

    Bracing for a More Inflationary World

    Raghuram G. Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term.
  5. patten167_Ricky VigilGetty Images_keirstarmer Ricky Vigil/Getty Images

    Can Democracy Win in 2024?

    Chris Patten highlights the challenges mainstream parties face as they try to boost growth and improve public services.
  6. kanem7_pishitGetty Images_corporate woman pishit/Getty Images

    Supporting Sexual and Reproductive Health Is Good Business

    Natalia Kanem argues that investing in employees’ well-being will help companies attract and retain top talent.
  7. rodrik224_Getty Images_berlin declaration Getty Images
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    From the Washington Consensus to the Berlin Declaration

    Dani Rodrik, et al. tout a new understanding by leading economists about what policymakers must do to preempt the populist threat.
  8. robinson18_Alexis RosenfeldGetty Images_biodiversity Alexis Rosenfeld/Getty Images

    Rich Countries Must Meet Their Biodiversity Financing Pledges

    Mary Robinson urges international policymakers to use the upcoming COP16 summit to close the nature-finance gap.
  9. gerstle1_JIM BOURGPOOLAFP via Getty Images_bidentrump JIm Bourg/POOL/AFP via Getty Images

    Whom Will America Elect?

    Gary Gerstle explains why the rematch between Donald Trump and Joe Biden has turned out to be a close contest.
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Latest

  1. Supporting Sexual and Reproductive Health Is Good Business
    kanem7_pishitGetty Images_corporate woman pishit/Getty Images

    Supporting Sexual and Reproductive Health Is Good Business

    Jul 12, 2024 Natalia Kanem argues that investing in employees’ well-being will help companies attract and retain top talent.

  2. Can Democracy Win in 2024?
    patten167_Ricky VigilGetty Images_keirstarmer Ricky Vigil/Getty Images

    Can Democracy Win in 2024?

    Jul 12, 2024 Chris Patten highlights the challenges mainstream parties face as they try to boost growth and improve public services.

  3. Finding a New French Majority
    pisaniferry147_EMMANUEL DUNANDAFP via Getty Images_frenchelection Emmanual Dunand/AFP via Getty Images

    Finding a New French Majority

    Jul 12, 2024 Jean Pisani-Ferry assesses what must happen to form a stable government after an election that produced a hung parliament.

  4. Industrial Policy Is Back. Now What?
    rodrik211_Xu WeijieVCG via Getty Images_chinashipbuilding Xu Weijie/VCG via Getty Images

    Industrial Policy Is Back. Now What?

    Jul 12, 2024 PS Commentators consider what effective economy-shaping policy interventions require.

  5. The Way Forward for Ukraine’s Economy
    op_stiglitz7_Elizabeth ServatynskaSuspilne UkraineJSC UAPBCGlobal Images Ukraine via Getty Images_ukrainereconstruction Elizabeth Servatynska/Suspilne Ukraine/JSC/ UAPBC/Global Images Ukraine via Getty Images

    The Way Forward for Ukraine’s Economy

    Jul 12, 2024 Joseph E. Stiglitz & Andrew Kosenko offer a roadmap for guiding the country's recovery and reconstruction during and after the war.

Trending

  1. op_stiglitz7_Elizabeth ServatynskaSuspilne UkraineJSC UAPBCGlobal Images Ukraine via Getty Images_ukrainereconstruction Elizabeth Servatynska/Suspilne Ukraine/JSC/ UAPBC/Global Images Ukraine via Getty Images

    The Way Forward for Ukraine’s Economy

    Joseph E. Stiglitz & Andrew Kosenko

    With sufficient assistance from the West, Ukraine will prevail over its much larger and richer authoritarian neighbor. But to enjoy the fruits of victory, it will have to move faster in its transition from a post-communist oligarchy, while being careful to resist the siren call of free-market fundamentalism.

    offer a roadmap for guiding the country's recovery and reconstruction during and after the war.
  2. james159_getty images-inflation Getty Images

    Joseph E. Stiglitz on inflation, freedom, neoliberalism, and more

    Joseph E. Stiglitz highlights four inflation risks associated with another Donald Trump administration, explains what US Republicans get wrong about freedom, identifies the principles that should guide a post-neoliberal agenda, and more.
  3. op_norrlof2_z_weiGetty Images_petrodollar z_wei/Getty Images

    The Decline and Fall of the Petrodollar?

    Carla Norrlöf considers whether Saudi Arabia would ever move away from invoicing its oil trade in US dollars.
  4. op_wautier1_Feodora ChioseaGetty Images_corporategreed Feodora Chiosea/Getty Images
    Free to read

    The Profit Trap

    Jean-Baptiste Wautier considers why capitalism is creating problems instead of solving them, and how to save the system from itself.
  5. Shareholder capitalism Volkan Furuncu/Anadolu Agency via Getty Images

    Todd G. Buchholz on US debt, Chinese trade practices, industrial policy, and more

    Todd G. Buchholz points out that not all the reasons for the US economy’s strong performance are positive, highlights the limits of antitrust enforcement, suggests that China is undermining both its own future growth and the world trading apparatus, and more.
  6. op_andrews7_Print CollectorPrint CollectorGetty Images_firstopiumwar Print Collector/Getty Images

    The Evolution of Empire

    John Andrews traces the enduring role of imperial power from the eighteenth century to the present.

It is both the best and the worst of times for democracy – or at least for voting. Although a record-breaking four billion people across 76 countries will have cast ballots in elections this year, democratic institutions are increasingly under strain, and leading watchdogs warn of a broad-based global trend toward “autocratization.”

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  1. hafele1_INA FASSBENDERAFP via Getty Images_ solar panels INA FASSBENDER/AFP via Getty Images

    How Europe Can Fix Its Competitiveness Problem

    Jakob Hafele explains how an EU-level industrial strategy could unleash the bloc’s untapped potential.
  2. korolec1_ BERTRAND GUAYAFP via Getty Images_solar BERTRAND GUAY/AFP via Getty Images

    Europe Needs an Industrial Development Fund

    Marcin Korolec urges policymakers to shore up the bloc’s competitive position by supporting greentech producers.
  3. tubiana18_Beata ZawrzelNurPhoto via Getty Images_EUflaggreenclimate Beata Zawrzel/NurPhoto via Getty Images

    What Does the EU Election Mean for European Climate Policy?

    Laurence Tubiana explains how green campaigners can strengthen their message to appeal to ordinary voters.

Opinion that Moves

  1. Raghuram G. Rajan Bracing for a More Inflationary World
  2. Daniel Gros The Irrationality of EU Tariffs on Chinese EVs
  3. Koichi Hamada Do We Need a Plaza Accord 2.0?
  4. Célestin Monga The False Distinction Between Industrial and Economic Policy

  1. Chris Patten Can Democracy Win in 2024?
  2. Jean Pisani-Ferry Finding a New French Majority
  3. Susan Stokes Inequality Spurs Democratic Backsliding
  4. Dani Rodrik What the New Left Needs

  1. Natalia Kanem Supporting Sexual and Reproductive Health Is Good Business
  2. Emmanuel Macron, et al. A Shining Example of Successful Multilateralism
  3. Titir Bhattacharya, et al. Can Private Hospitals Increase Access to Health Care in Developing Countries?
  4. Mohamed Cheikh El Ghazouani, et al. Putting Africa on the Path to Prosperity

  1. Mary Robinson Rich Countries Must Meet Their Biodiversity Financing Pledges
  2. Jakob Hafele How Europe Can Fix Its Competitiveness Problem
  3. Marcin Korolec Europe Needs an Industrial Development Fund
  4. Laurence Tubiana What Does the EU Election Mean for European Climate Policy?

  1. Andrew Sheng, et al. Shenzhen’s Next Transformation
  2. Diane Coyle The Digital Economy’s Growing Time Tax
  3. Sultan Al Jaber Embracing the AI-Energy-Climate Nexus
  4. Lenny Mendonca Harnessing AI for the Common Good

  1. Michael Spence The Economics of Philanthropy
  2. Gilbert F. Houngbo, et al. Social Justice Is the Best Policy
  3. J. Bradford DeLong How Humanity Lost Control
  4. Slavoj Žižek Assange Is Free, But Are We?

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

  1. Linguère Mously Mbaye Rethinking How to Address Irregular Migration from Africa
  2. Mohamed Cheikh El Ghazouani, et al. Putting Africa on the Path to Prosperity
  3. Hakainde Hichilema The G7 Cannot Afford to Ignore Africa

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

  1. Antonio Zappulla To Protect Democracy, Protect Exiled Journalists
  2. Jodie Ginsberg Our Freedoms Depend on Press Freedom
  3. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?

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

  1. Winnie Byanyima, et al. How to Protect the World from the Next Pandemic
  2. Tom Achoki, et al. Preparing Now for the Next Disease X
  3. Mariana Mazzucato The Economics of Health for All