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Anatole Kaletsky

Anatole Kaletsky

Writing for PS since 1995
78 commentaries
3 videos & podcasts

Anatole Kaletsky, Chief Economist and Co-Chairman of Gavekal Dragonomics, is the author of Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis (PublicAffairs, 2011).

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  1. The Global Echoes of a British Near-Collapse
    kaletsky7_Carl CourtGetty Images_liz truss Carl Court/Getty Images

    The Global Echoes of a British Near-Collapse

    Oct 11, 2022 Anatole Kaletsky identifies four features of the UK’s new economic policy that other countries may end up considering.

  2. Will Truss Rehabilitate Keynes?
    kaletsky76_Leon NealGetty Images_truss kwarteng Leon Neal/Getty Images

    Will Truss Rehabilitate Keynes?

    Sep 6, 2022 Anatole Kaletsky cautions against dismissing the incoming British prime minister’s radically unorthodox economic-policy agenda.

  3. Why Are Financial Markets So Complacent?
    kaletsky75_Spencer PlattGetty Images_investor confidence Spencer Platt/Getty Images

    Why Are Financial Markets So Complacent?

    Aug 1, 2022 Anatole Kaletsky thinks investors’ current overconfidence about the global economy’s prospects reflects four cognitive biases.

  4. An Interview with Anatole Kaletsky
    rodrik179_ ANGELA WEISSAFP via Getty Images_biden workers Angela Weiss/AFP via Getty Images

    An Interview with Anatole Kaletsky

    Jan 19, 2021 Anatole Kaletsky highlights three reasons Joe Biden could govern effectively, offers a bleak outlook for post-Brexit Britain, and identifies the biggest investment risks on the horizon.

  5. Why Biden Can Overcome Political Gridlock
    kaletsky73_Alex WongGetty Images_white house Alex Wong/Getty Images

    Why Biden Can Overcome Political Gridlock

    Nov 13, 2020 Anatole Kaletsky sees five reasons why the US president-elect is in a stronger position than the conventional wisdom admits.

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  1. sierakowski91_Omar MarquesGetty Images_ukrainian refugees Omar Marques/Getty Images

    Resentment on the Western Front

    Sławomir Sierakowski thinks the Polish public needs a more open and honest conversation about refugees before resentment spirals.
  2. vives17_ Leon NealGetty Images_ftx Leon Neal/Getty Images

    Crypto’s Well-Worn Path to Crisis

    Xavier Vives writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago.
  3. roubini171_Spencer PlattGetty Images_recession looming Spencer Platt/Getty Images

    The Unavoidable Crash

    Nouriel Roubini anticipates a stagflationary debt crisis, owing to a dangerous combination of inflation and over-borrowing.
  4. nye236_SAUL LOEBAFP via Getty Images_biden xi SAUL LOEB/AFP via Getty Images

    War Over Taiwan?

    Joseph S. Nye, Jr. considers whether a deterrence arrangement that has worked for 50 years is still sufficient.
  5. op_livingston1_Anna MoneymakerGetty Images_fed Anna Moneymaker/Getty Images

    The Contested Fed

    James Livingston

    By all accounts, central banks – particularly the Fed, because the dollar is still the world’s dominant currency – already act as investment authorities. But their recent bailouts have exacerbated economic inequality, and have done little or nothing to address climate change.

    reviews three books that, each in its own way, reveal a central truth about the world’s leading central bank.
  6. pisaniferry140_Sean GallupGetty Images_cop27 Sean GallupGetty Images

    The Economics of Mainstreaming Climate Action

    Jean Pisani-Ferry & Selma Mahfouz identify the risks and short-term costs associated with the energy transition over the next decade.
  7. haldar15_ Tayfun CoskunAnadolu Agency via Getty Images_twitter Tayfun Coskun/Anadolu Agency via Getty Images

    Killing Twitter

    Antara Haldar explains what Elon Musk fundamentally misunderstands about the platform – and about free speech.
  8. emmott41_musk

    The Napoleons of Big Tech

    Bill Emmott

    Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearned.

    sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.
  9. BP - ftx NurPhoto / Contributor via Getty Images

    The Crypto Emperor’s New Clothes

    The collapse of several crypto platforms this year – including the spectacular crash of the second-largest cryptocurrency exchange, FTX – has raised fundamental questions about the credibility of a digital innovation once hailed as the key to democratizing finance. Has crypto finally been exposed as a scam, or will a new, stronger crypto industry emerge from the current turmoil?

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