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Our annual fourth-quarter magazine, PS Quarterly: The Year Ahead 2023, is here, and available only to Digital Plus and Premium subscribers. Subscribe to Digital Plus today, and save $15.

  1. op_anheier13_CHRISTOF STACHEAFP via Getty Images_scholzbaerbockhabecklindner Christof Stache/AFP via Getty Images
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    Germany’s Reckoning

    Helmut K. Anheier

    Germany is now grappling with a host of difficult questions about its place in the world, the nature of its politics, and its most cherished values. For a pacifist society in a new age of conflict and war, everything must change if things are to remain the same.

     traces the contours of the country's debate, triggered by the Ukraine war, about its strategic future.
  2. BP inflation hawks China News Service / Contributor via Getty Images
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    The Flight of the Inflation Hawks

    Featured in this Big Picture

    Raghuram G. Rajan, Joseph E. Stiglitz, James K. Galbraith, Lucrezia Reichlin

    Though the US Federal Reserve’s first interest-rate hike of 2023 is smaller than those that preceded it, policymakers have signaled that more increases are on the way, despite slowing price growth. But there is good reason to doubt the utility – and fear the consequences – of continued rate hikes, on both sides of the Atlantic.

  3. borrell19_ FADEL SENNAAFP via Getty Images_ukrainewar Fadel Senna/AFP via Getty Images
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    Making Ukrainian Victory Possible

    Josep Borrell explains why continued military support and other forms of assistance remain critical.
  4. nye238_Kevin DietschGetty Images_biden kishida Kevin Dietsch/Getty Images
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    Japan’s Strategic Imperative

    Joseph S. Nye, Jr. sees the country doubling down on its best option for ensuring national security and regional stability.
  5. delong249_guoyaGetty Images_economicpie guoya/Getty Images
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    Utopia or Bust

    J. Bradford DeLong considers our options for both expanding and effectively slicing the proverbial economic pie.
  6. zizek13_OLGA MALTSEVAAFP via Getty Image_russian soldier OLGA MALTSEVA/AFP via Getty Images
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    Death or Glory in Russia

    Slavoj Žižek traces the religious and intellectual roots of the Kremlin’s increasingly morbid war propaganda.
  7. duran8_ Getty ImagesGetty Images_argentina brazil union Getty Images/Getty Images
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    Getting to Monetary Integration in Latin America

    Camila Villard Duran explains why the vision of a regional unit of account, advanced by Brazil and Argentina, is achievable.
  8. zhang59_JADE GAOAFP via Getty Images_chinahousing Jade Gao/AFP via Getty Images
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    China’s Savings Conundrum

    Zhang Jun explains why – and how – the country must stimulate household consumption to achieve a robust recovery.
  9. coyle29_ Frank Rumpenhorstpicture alliance via Getty Images_chatgpt Frank Rumpenhorst/picture alliance via Getty Images
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    Preempting a Generative AI Monopoly

    Diane Coyle urges policymakers to take steps to counter the anti-competitive implications of a rapidly emerging market.
  10. Secure your copy of PS Quarterly: The Year Ahead 2023
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Latest

  1. Utopia or Bust
    delong249_guoyaGetty Images_economicpie guoya/Getty Images

    Utopia or Bust

    Feb 3, 2023 J. Bradford DeLong considers our options for both expanding and effectively slicing the proverbial economic pie.

  2. Germany’s Reckoning
    op_anheier13_CHRISTOF STACHEAFP via Getty Images_scholzbaerbockhabecklindner Christof Stache/AFP via Getty Images

    Germany’s Reckoning

    Feb 3, 2023 Helmut K. Anheier traces the contours of the country's debate, triggered by the Ukraine war, about its strategic future.

  3. Preempting a Generative AI Monopoly
    coyle29_ Frank Rumpenhorstpicture alliance via Getty Images_chatgpt Frank Rumpenhorst/picture alliance via Getty Images

    Preempting a Generative AI Monopoly

    Feb 2, 2023 Diane Coyle urges policymakers to take steps to counter the anti-competitive implications of a rapidly emerging market.

  4. Japan’s Strategic Imperative
    nye238_Kevin DietschGetty Images_biden kishida Kevin Dietsch/Getty Images

    Japan’s Strategic Imperative

    Feb 2, 2023 Joseph S. Nye, Jr. sees the country doubling down on its best option for ensuring national security and regional stability.

  5. China’s Savings Conundrum
    zhang59_JADE GAOAFP via Getty Images_chinahousing Jade Gao/AFP via Getty Images

    China’s Savings Conundrum

    Feb 2, 2023 Zhang Jun explains why – and how – the country must stimulate household consumption to achieve a robust recovery.

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  1. op_anheier13_CHRISTOF STACHEAFP via Getty Images_scholzbaerbockhabecklindner Christof Stache/AFP via Getty Images
    0

    Germany’s Reckoning

    Helmut K. Anheier

    Germany is now grappling with a host of difficult questions about its place in the world, the nature of its politics, and its most cherished values. For a pacifist society in a new age of conflict and war, everything must change if things are to remain the same.

     traces the contours of the country's debate, triggered by the Ukraine war, about its strategic future.
  2. BP inflation hawks China News Service / Contributor via Getty Images
    0

    The Flight of the Inflation Hawks

    Featured in this Big Picture

    Raghuram G. Rajan, Joseph E. Stiglitz, James K. Galbraith, Lucrezia Reichlin

    Though the US Federal Reserve’s first interest-rate hike of 2023 is smaller than those that preceded it, policymakers have signaled that more increases are on the way, despite slowing price growth. But there is good reason to doubt the utility – and fear the consequences – of continued rate hikes, on both sides of the Atlantic.

  3. op_boccaletti3_Michele LapiniGetty Images_italyflood
    0

    The New European Frontier

    Giulio Boccaletti thinks a changing climate will force the European Union finally to embrace its political nature.
  4. BQ china india Oleksii Liskonih via Getty Images
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    PS Commentators Respond: Could the “Chinese Century” Belong to India?

    Featured in this Big Question

    Pranab Bardhan, Brahma Chellaney, Pinelopi Koujianou Goldberg, Yi Fuxian

    From demographics to trade to GDP growth, China is currently struggling precisely where India seems to be thriving. At a time when the global economy’s center of gravity is shifting to Asia, we asked PS commentators whether India’s rising star will soon outshine China’s.

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    Shashi Tharoor on India-Russia relations, the Quad, Ambedkar, and more

    Shashi Tharoor assesses prevailing Indian perceptions of the Ukraine War, criticizes India’s continued wariness of security pacts, touts affirmative-action programs that guarantee outcomes, not just access to opportunities, and more.
  6. op_janeway12_SAUL LOEBAFP via Getty Images_operationwarpspeed Saul Loeb/AFP via Getty Images
    5

    What Drives Innovation?

    William H. Janeway shows that since the dawn of industrialization, the state has been the prime mover behind technological progress.
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The year 2022 was one of grim and grisly returns: the return of major war – and nuclear brinkmanship – to Europe; the return of high inflation and the threat of stagflation globally; and the return of famine, dire poverty, and other problems against which the developing world had been making steady progress. With all these developments poised to continue, the question now is whether solutions will be found to counter the forces of discord and disintegration.

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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. boly1_Giovanni MereghettiUCGUniversal Images Group via Getty Images_agriculture rwanda Giovanni Mereghetti/UCG/Universal Images Group via Getty Images
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    How to Transform African Agriculture

    Safia Boly & Omid Kassiri identify four principles that could help governments across the continent boost food security.
  2. boeve4_Gehad Hamdypicture alliance via Getty Images_loss and damage cop27 Gehad Hamdy/picture alliance via Getty Images
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    An Annual Check-Up for the Climate Movement

    May Boeve assesses patient Earth after a year of energy crises, natural disasters, and landmark global summits.
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    2

    The Fuel of the Future

    Jörg Haas thinks that changing the way gas is produced is crucial to achieving net-zero emissions.

Opinion that Moves

  1. J. Bradford DeLong Utopia or Bust
  2. Zhang Jun China’s Savings Conundrum
  3. Camila Villard Duran Getting to Monetary Integration in Latin America
  4. Willem H. Buiter Eliminate the Debt Ceiling

  1. Joseph S. Nye, Jr. Japan’s Strategic Imperative
  2. Josep Borrell Making Ukrainian Victory Possible
  3. Simon Johnson Only the US Congress Can Stop Ukraine from Winning
  4. Bill Emmott What Japanese Deterrence Would Look Like

  1. Nana Akufo-Addo, et al. Global Education Has Reached a Tipping Point
  2. William A. Haseltine Breathing Life Back into COVID Prevention
  3. Nancy Qian China’s Brutal COVID Winter
  4. Yacine Djibo Africa’s Climate Crisis Is a Health Crisis

  1. Safia Boly, et al. How to Transform African Agriculture
  2. Gernot Wagner Realism About Techno-Optimism
  3. May Boeve An Annual Check-Up for the Climate Movement
  4. Jörg Haas The Fuel of the Future

  1. Diane Coyle Preempting a Generative AI Monopoly
  2. Maximo Torero The Second Green Revolution Will Be Digitized
  3. Ana Palacio Human Values for Artificial Intelligence
  4. Barry Eichengreen Sympathy for the Algorithm

  1. Slavoj Žižek Death or Glory in Russia
  2. Arvind Subramanian The Age of Verbiage
  3. Antara Haldar Davos Man Has a People Problem
  4. Kaushik Basu A Lesson from West Bengal

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

  1. Safia Boly, et al. How to Transform African Agriculture
  2. Rabah Arezki The Multilateral Financing Paradox
  3. Nana Akufo-Addo, et al. Global Education Has Reached a Tipping Point

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

  1. Arzu Geybulla Facebook Is Failing Journalists
  2. Anne-Marie Slaughter, et al. Defending Democracies’ Information Infrastructure
  3. Alexander Schallenberg, et al. Defending Democracy’s Defenders

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

  1. William A. Haseltine Breathing Life Back into COVID Prevention
  2. Ian Buruma China’s Autocracy in Crisis
  3. Nancy Qian China’s Brutal COVID Winter