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Project Syndicate |
LONDON—Russian President Vladimir Putin has had a tough few months. While the Ukraine war never unfolded according to plan, Putin believed, until...
BEIJING—Last month’s summit between US President Donald Trump and Chinese President Xi Jinping signaled that the Sino-American relationship is...
PHILADELPHIA—At Vanguard, we anticipate 3% US GDP growth in 2027, an estimate that is noticeably higher than other professional forecasts, implying...
SEOUL—Development was once understood as a simple matter of applying the models developed economies created. But, as my research has shown, there is...
CAMBRIDGE—Following Keir Starmer’s resignation as the United Kingdom’s prime minister, Andy Burnham, the popular Labour politician who just won...
NEW YORK—President Donald Trump claims that electing “socialist” Democrats would put the United States on the path to becoming Venezuela or...
WASHINGTON, DC—Following SpaceX’s IPO this month, Elon Musk’s fortune comfortably exceeds $1 trillion. The significance of the world’s first...
NEW YORK/BRUSSELS—In the global fight against climate change, there has been no shortage of targets and commitments. But people ultimately judge...
PARIS—The shambolic diplomacy between US President Donald Trump’s administration and Iran provides further evidence that world affairs have become...
LISBON/WASHINGTON, DC—Over the past five decades, microfinance has grown into a $1.5 trillion global industry, reaching hundreds of millions of...
WASHINGTON, DC/BUENOS AIRES—In recent years, Latin America and the Caribbean (LAC) have shown that development increasingly rests on the twin...
BOSTON—When the German soccer player Deniz Undav scored two late-game goals to clinch a 2-1 victory for his team over Ivory Coast, you would have...
BERLIN—It is only partially a coincidence that the tenth anniversary of the Brexit referendum—the event that provoked a toxic polarization of...
BERKELEY—Alan Greenspan, who died this week at the age of 100, was one of the most consequential chairs the Federal Reserve Board has had in its 112...
TORONTO—America has capitulated to Iran. The “memorandum of understanding” signed by the two sides specifies terms that spell victory for the...
OXFORD—In Kurt Vonnegut’s 1952 novel Player Piano, machines have automated most industry, leaving just a few engineers and managers to oversee...
ISTANBUL—The cascade of shocks to the global economy over the past few months has offered a glimpse of our new reality. The Gulf conflict has taken...
ROME—The recent memorandum of understanding between the United States and Iran promises to restore the flow of oil, natural gas, sulfur, and...
CHICAGO—Is there any way to make sense of US President Donald Trump’s peculiar approach to governance? The economist Mancur Olson offered a...
STANFORD—Six months after last year’s United Nations Climate Conference (COP30), the Tropical Forest Forever Facility (TFFF) has gone from being a...
FIESOLE, ITALY—In a short essay published almost 40 years ago, the French author Emmanuel Carrère observed that counterfactual...
NEW YORK—Pope Leo XIV is convening an extraordinary “consistory”—a gathering of the College of Cardinals—in late June at the Vatican. One of...
STOCKHOLM—Bosnia needs a political reboot. More than three decades after the Dayton Accords ended the devastating 1992-95 war, it is high time that...
SAN FRANCISCO—It is now clear that the AI revolution portends a profound reordering of the determinants of global military power. For the United...
YAOUNDÉ/CAIRO—Evidence of markets’ systematic overestimation of risk in developing economies has been piling up for years. The latest addition is...
SAN DIEGO—While pilots learn to trust instruments, smart ones know to peek out the window now and then. For too long, the US Federal Reserve Board...
SAN JOSÉ/GABORONE—Last year, at the inaugural Berlin Climate Mobility Forum, leaders from vulnerable countries across Africa, South Asia, the...
TEL AVIV—The ceasefire that was reportedly just agreed between the United States and Iran reflects US President Donald Trump’s desperation to...
ATHENS—The former heavyweight boxer Mike Tyson famously said, “Everyone has a plan until they get punched in the face.” The same could be said...
NEW DELHI—Current economic debates in India focus on why the rupee has fallen and how much to rely on foreign-exchange reserves. This is...
NEW YORK—In recent weeks, the world’s attention has centered on how the Iran war will end, whether the United States and the Islamic Republic can...
FALMOUTH, UK—The French government of President Emmanuel Macron has made the most of its six-month presidency of the G7, the hoary club of large...
LOS ANGELES—As the global AI race heats up, so has the scramble to secure AI sovereignty. Even before the dust had settled on SpaceX’s IPO, the...
KIVIK, SWEDEN—The liberal international order was both more real than its cynics would admit and less liberal than its defenders claimed. Its goal...
WASHINGTON, DC—Much of today’s AI debate revolves around the question of who is ahead, and Chinese leaders are not immune to thinking in such...
PS Quarterly regularly features short responses from experts on topics of global concern, and this time we consider the state of democracy. For over a...
Project Syndicate: On the 250th anniversary of the Declaration of Independence, there is much talk about the twilight of American democracy. In your...
BERLIN—Abraham Lincoln was wrong. By asserting that “all men are created equal,” the authors of the Declaration of Independence did not mean to...
EVANSTON, ILLINOIS—Early Americans often believed that their revolution was for the whole world and for all time. “Freedom hath been hunted round...
CAMBRIDGE—In 2026, regime change has become a leading American export, as Nicolás Maduro and the Iranian leadership can affirm. As of this writing,...
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