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Project Syndicate |
PRINCETON—In a Reuters photo from late July, US Treasury Secretary Scott Bessent can be seen holding a to-do list with just one item: purchase...
BRASÍLIA—Investors have no shortage of reasons to diversify away from the United States. America’s public debt is rising, political polarization...
OXFORD—The global demographic transition, characterized by declining birth rates and rising life expectancy, has been one of the most consequential...
WASHINGTON, DC—Few could have predicted the consequences China’s 2001 accession to the World Trade Organization would have for the United States....
SEOUL—US President Donald Trump’s latest effort to re-engage with North Korean dictator Kim Jong-un has strained relations with South Korea and...
PARIS—On June 12, the US Department of Commerce informed Anthropic that it had to secure an export license for any foreign person, inside or outside...
BEIJING—Despite all the geopolitical chaos, one can still find some comfort in today’s capital markets. The walls of the multilateral order may be...
LONDON—As we approach the end of the northern summer, often a volatile period for financial markets, all eyes are on the apparent fragility of US...
IRVINE—Sixty years ago, harsh autocratic rule dominated a region at the eastern edge of a continent. Quixotic quests for political change seemed to...
LONDON—Over the long sweep of history, three forces have driven humanity’s greatest transformations, for good and ill: disease, war, and economic...
SEOUL—The global economy has undergone a dramatic transformation over the past two decades, driven not least by the 2008 global financial crisis,...
BISHKEK—For a major infrastructure project to succeed, it must be underpinned by sustained political support and sound economics. When political and...
CHICAGO—US Vice President JD Vance recently mused that if Watergate happened today, it would be a 12-hour news story. Was he boasting that President...
BOSTON—Almost every major global health emergency has exposed the same flaw in the international financial system. When disaster strikes, the...
CLAREMONT, CALIFORNIA—Since its founding almost 77 years ago, the People’s Republic of China has had eight premiers. But only two—Zhao Ziyang...
TEL AVIV—International criminal tribunals once focused on bringing defeated leaders, such as Serbia’s Slobodan Milošević and Liberia’s Charles...
MEXICO CITY—The wars in Iran and Ukraine have put the spotlight back on guerrilla warfare. Conflicts in which smaller groups, forces, or countries...
OXFORD—In late April, a Chinese court ruled that an AI firm could not legally dismiss an employee simply because his role had been automated....
LONDON—Elon Musk does not know it, but he is indebted to the Geneva School of economists. It was this now largely forgotten group that, combining...
WASHINGTON, DC—The AI boom has thrust the power sector, a critical but largely invisible industry, into the political spotlight. Around the world,...
RABAT—The AI revolution is often described as universal, but its benefits have so far been concentrated in the countries shaping frontier models....
STEAMBOAT SPRINGS, COLORADO—Exhibiting an apparently limitless ability to shrug off bad news, the US economy continues to motor ahead. Real...
GENEVA—For more than two decades, digital platforms have monetized our attention and social interactions. But today’s AI models extract value from...
BRUSSELS—The first “China shock” followed China’s entry to the world trading system, when the mobilization of its massive pool of low-cost...
PHILADELPHIA—For decades, companies, investors, and policymakers operated on the comforting assumption that the global economy was underpinned by a...
CAMBRIDGE—As China continues to capture global markets in manufactures and its trade surpluses grow, it is increasingly viewed elsewhere as a...
MOSCOW—In the early 1950s, a group of prominent, mostly Jewish doctors from Moscow was accused of plotting to assassinate Soviet leaders on orders...
DAKAR/RIO DE JANEIRO—For five centuries, raw materials have flowed out of Africa and Brazil at low cost to be used as inputs elsewhere—often...
NEW YORK—Few ideas are more fundamental to US President Donald Trump’s political brand than his consistent claim that the American left steals...