False Economies
Jan 17, 2025
William H. Janeway
Although economic inefficiency is no virtue, it should not automatically be interpreted as a sign of failure in the functioning of the economy or its individual components. In fact, the pursuit of efficiency often comes at the expense of other values that are no less important.
https://www.project-syndicate.org/onpoint/economics-simplistic-fixation-on-efficiency-is-flawed-approach-by-william-h-janeway-2025-01
Jan 17, 2025
William H. Janeway
Although economic inefficiency is no virtue, it should not automatically be interpreted as a sign of failure in the functioning of the economy or its individual components. In fact, the pursuit of efficiency often comes at the expense of other values that are no less important.
https://www.project-syndicate.org/onpoint/economics-simplistic-fixation-on-efficiency-is-flawed-approach-by-william-h-janeway-2025-01
Project Syndicate
False Economies | by William H. Janeway - Project Syndicate
William H. Janeway highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.
Trump the Revolutionary Isolationist
Jan 20, 2025
Shlomo Ben-Ami
America's president subscribes to a brand of isolationism that has waxed and waned throughout US history, but has its roots in the two-century-old Monroe Doctrine. This is bad news for nearly everyone, because it implies acceptance of a world order based on spheres of influence, as envisioned by China and Russia.
https://www.project-syndicate.org/commentary/trump-foreign-policy-reflects-isolationism-rooted-in-monroe-doctrine-by-shlomo-ben-ami-2025-01
Jan 20, 2025
Shlomo Ben-Ami
America's president subscribes to a brand of isolationism that has waxed and waned throughout US history, but has its roots in the two-century-old Monroe Doctrine. This is bad news for nearly everyone, because it implies acceptance of a world order based on spheres of influence, as envisioned by China and Russia.
https://www.project-syndicate.org/commentary/trump-foreign-policy-reflects-isolationism-rooted-in-monroe-doctrine-by-shlomo-ben-ami-2025-01
Project Syndicate
Trump the Revolutionary Isolationist | by Shlomo Ben-Ami - Project Syndicate
Shlomo Ben-Ami hears echoes of the Monroe Doctrine in the US president's threats to acquire Greenland.
What Will Trump Do to the US Economy?
Jan 10, 2025
From cutting taxes to raising tariffs to eroding central-bank independence, US President-elect Donald Trump has made a wide range of economic promises, many of which threaten to blow up the deficit and fuel inflation. But powerful institutional, political, and economic constraints, together with Trump’s capriciousness, have spurred disagreement about how worried we should be.
https://www.project-syndicate.org/onpoint/what-will-trump-do-to-the-us-economy
Jan 10, 2025
From cutting taxes to raising tariffs to eroding central-bank independence, US President-elect Donald Trump has made a wide range of economic promises, many of which threaten to blow up the deficit and fuel inflation. But powerful institutional, political, and economic constraints, together with Trump’s capriciousness, have spurred disagreement about how worried we should be.
https://www.project-syndicate.org/onpoint/what-will-trump-do-to-the-us-economy
Project Syndicate
What Will Trump Do to the US Economy? - Project Syndicate
From cutting taxes to raising tariffs to eroding central-bank independence, US President-elect Donald Trump has made a wide range of economic promises, many of which threaten to blow up the deficit and fuel inflation. But powerful institutional, political…
What Tariffs Can and Can’t Do
Jan 8, 2025
Dani Rodrik
When tariffs are moderate and used to complement a domestic investment agenda, they need not do much harm; they can even be useful. When they are indiscriminate and are not supported by purposeful domestic policies, they do considerable damage – most of it at home.
https://www.project-syndicate.org/commentary/trump-has-wrong-concept-of-tariffs-by-dani-rodrik-2025-01
Jan 8, 2025
Dani Rodrik
When tariffs are moderate and used to complement a domestic investment agenda, they need not do much harm; they can even be useful. When they are indiscriminate and are not supported by purposeful domestic policies, they do considerable damage – most of it at home.
https://www.project-syndicate.org/commentary/trump-has-wrong-concept-of-tariffs-by-dani-rodrik-2025-01
Project Syndicate
What Tariffs Can and Can’t Do
Dani Rodrik argues that import duties are neither an all-purpose tool, as Donald Trump believes, nor a purposeless one.
Are High-Skill Immigrants a Problem?
Jan 9, 2025
Daron Acemoglu
The H-1B visa debate within Donald Trump’s Silicon Valley/MAGA coalition raises some important questions for how the United States should think about education and technology in an increasingly globalized knowledge economy. While high-skill immigration can deliver win-win outcomes, there are no guarantees that it will.
https://www.project-syndicate.org/commentary/us-skilled-immigration-policy-trump-h1b-visa-debate-by-daron-acemoglu-2025-01
Jan 9, 2025
Daron Acemoglu
The H-1B visa debate within Donald Trump’s Silicon Valley/MAGA coalition raises some important questions for how the United States should think about education and technology in an increasingly globalized knowledge economy. While high-skill immigration can deliver win-win outcomes, there are no guarantees that it will.
https://www.project-syndicate.org/commentary/us-skilled-immigration-policy-trump-h1b-visa-debate-by-daron-acemoglu-2025-01
Project Syndicate
Are High-Skill Immigrants a Problem?
Daron Acemoglu highlights some underappreciated risks of policies like the United States’ H-1B visa program.
Fundamentalist Perverts
Jan 9, 2025
Slavoj Žižek
Like Islamic extremists, Russian President Vladimir Putin wraps himself in the garb of religious orthodoxy in order to present himself as an authentic exponent of traditional values. Yet one need only consider the lives of genuine spiritual fundamentalists to see this ruse for what it really is.
https://www.project-syndicate.org/commentary/putin-islamic-state-inauthentic-conservative-fundamentalists-by-slavoj-zizek-2025-01
Jan 9, 2025
Slavoj Žižek
Like Islamic extremists, Russian President Vladimir Putin wraps himself in the garb of religious orthodoxy in order to present himself as an authentic exponent of traditional values. Yet one need only consider the lives of genuine spiritual fundamentalists to see this ruse for what it really is.
https://www.project-syndicate.org/commentary/putin-islamic-state-inauthentic-conservative-fundamentalists-by-slavoj-zizek-2025-01
Project Syndicate
Fundamentalist Perverts
Slavoj Žižek regards most violent religious conservatism as merely an inauthentic expression of resentment.
Can Trump Dump the Dollar?
Jan 10, 2025
Barry Eichengreen
US President-elect Donald Trump's incoming administration will likely seek to weaken the greenback's exchange rate. But whether doing so would enhance the competitiveness of US exports and strengthen America’s trade balance is another matter.
https://www.project-syndicate.org/commentary/trump-weak-dollar-goal-will-not-help-us-economy-by-barry-eichengreen-2025-01
Jan 10, 2025
Barry Eichengreen
US President-elect Donald Trump's incoming administration will likely seek to weaken the greenback's exchange rate. But whether doing so would enhance the competitiveness of US exports and strengthen America’s trade balance is another matter.
https://www.project-syndicate.org/commentary/trump-weak-dollar-goal-will-not-help-us-economy-by-barry-eichengreen-2025-01
Project Syndicate
Can Trump Dump the Dollar? | by Barry Eichengreen - Project Syndicate
Barry Eichengreen argues that while the incoming administration could certainly weaken the greenback, the US would not benefit.
Ensuring Europe’s Supply of Critical Minerals
Jan 22, 2025
Rüya Perincek
and
Andreas Goldthau
The European Commission has recognized the importance of securing a sustainable supply of rare-earth elements. Doing so will require making the 2024 Critical Raw Materials Act fit for purpose by streamlining funding lines, strengthening partnerships with African countries, and acquiring feedstock to meet its recycling targets.
https://www.project-syndicate.org/commentary/new-eu-commission-must-make-critical-raw-materials-act-fit-for-purpose-by-ruya-perincek-and-andreas-goldthau-2025-01
Jan 22, 2025
Rüya Perincek
and
Andreas Goldthau
The European Commission has recognized the importance of securing a sustainable supply of rare-earth elements. Doing so will require making the 2024 Critical Raw Materials Act fit for purpose by streamlining funding lines, strengthening partnerships with African countries, and acquiring feedstock to meet its recycling targets.
https://www.project-syndicate.org/commentary/new-eu-commission-must-make-critical-raw-materials-act-fit-for-purpose-by-ruya-perincek-and-andreas-goldthau-2025-01
Project Syndicate
Ensuring Europe’s Supply of Critical Minerals
Rüya Perincek & Andreas Goldthau call for coordinated funding, resource diplomacy, and secondary material partnerships to boost recycling.
Can US Institutions Withstand Trump 2.0?
Jan 16, 2025
From threats to pursue his “enemies” to an apparent commitment to cementing plutocracy in America, Donald Trump’s second term will again test the resilience of the US constitutional order. And this time, he has not only full control of Congress, but also a Supreme Court ruling guaranteeing his immunity from criminal prosecution for official acts while in office.
On the eve of Trump’s inauguration, we asked Daron Acemoglu, Bruce Ackerman, Aziz Huq, Alison L. LaCroix, and Richard K. Sherwin whether there are any institutional checks that can restrain his worst impulses – and if they can survive the next four years.
https://www.project-syndicate.org/onpoint/can-us-institutions-withstand-trump-2-0
Jan 16, 2025
From threats to pursue his “enemies” to an apparent commitment to cementing plutocracy in America, Donald Trump’s second term will again test the resilience of the US constitutional order. And this time, he has not only full control of Congress, but also a Supreme Court ruling guaranteeing his immunity from criminal prosecution for official acts while in office.
On the eve of Trump’s inauguration, we asked Daron Acemoglu, Bruce Ackerman, Aziz Huq, Alison L. LaCroix, and Richard K. Sherwin whether there are any institutional checks that can restrain his worst impulses – and if they can survive the next four years.
https://www.project-syndicate.org/onpoint/can-us-institutions-withstand-trump-2-0
Project Syndicate
Can US Institutions Withstand Trump 2.0? - Project Syndicate
While some observers doubt that US President-elect Donald Trump poses a grave threat to US democracy, others are bracing themselves for the destruction of the country’s constitutional order. With Trump’s inauguration just around the corner, we asked PS commentators…
Trump at the Gates
Jan 21, 2025
Joschka Fischer
If Donald Trump and his billionaire allies succeed in transforming the US political system into an authoritarian oligarchy, democracy will be imperiled worldwide. What more will it take for Europeans to recognize the implications of today’s shifting global terrain?
https://www.project-syndicate.org/commentary/trump-greenland-threat-exposes-european-weakness-by-joschka-fischer-2025-01
Jan 21, 2025
Joschka Fischer
If Donald Trump and his billionaire allies succeed in transforming the US political system into an authoritarian oligarchy, democracy will be imperiled worldwide. What more will it take for Europeans to recognize the implications of today’s shifting global terrain?
https://www.project-syndicate.org/commentary/trump-greenland-threat-exposes-european-weakness-by-joschka-fischer-2025-01
Project Syndicate
Trump at the Gates | by Joschka Fischer - Project Syndicate
Joschka Fischer urges Europeans to recognize that they are now on their own in an increasingly dangerous world.
What AI Means for Growth and Jobs
Jan 14, 2025
Philippe Aghion
,
Simon Bunel
, and
Xavier Jaravel
While many commentators warn that AI will undermine employment and offer only modest productivity gains, empirical studies continue to suggest otherwise. With the right policies in place, the technology holds immense potential to drive both growth and employment.
https://www.project-syndicate.org/commentary/ai-will-boost-productivity-growth-without-harming-jobs-employment-by-philippe-aghion-et-al-2025-01
Jan 14, 2025
Philippe Aghion
,
Simon Bunel
, and
Xavier Jaravel
While many commentators warn that AI will undermine employment and offer only modest productivity gains, empirical studies continue to suggest otherwise. With the right policies in place, the technology holds immense potential to drive both growth and employment.
https://www.project-syndicate.org/commentary/ai-will-boost-productivity-growth-without-harming-jobs-employment-by-philippe-aghion-et-al-2025-01
Project Syndicate
What AI Means for Growth and Jobs
Philippe Aghion, Simon Bunel and Xavier Jaravel think the technology has great potential to boost productivity without harming employment.
Social Media as It Should Be
Jan 13, 2025
Robin Berjon
If our traditional media landscape featured only a couple of outlets that each flouted the public interest, we would not think twice about using every available tool to foster media pluralism. There is no reason to accept in social media and search what we would not tolerate in legacy media.
https://www.project-syndicate.org/commentary/open-social-media-bluesky-model-of-public-protocols-by-robin-berjon-2025-01
Jan 13, 2025
Robin Berjon
If our traditional media landscape featured only a couple of outlets that each flouted the public interest, we would not think twice about using every available tool to foster media pluralism. There is no reason to accept in social media and search what we would not tolerate in legacy media.
https://www.project-syndicate.org/commentary/open-social-media-bluesky-model-of-public-protocols-by-robin-berjon-2025-01
Project Syndicate
Social Media as It Should Be
Robin Berjon explains how the Bluesky model could restore the original promise of the internet.
AI Alone Won’t Save the Planet
Jan 13, 2025
Yana Gevorgyan
When leaders and executives convene for the World Economic Forum’s annual meeting in Davos, they must acknowledge that artificial intelligence is not a panacea for climate change. To realize these advanced tools' potential, they must be coupled with the insights of indigenous peoples, local communities, and private-sector actors.
https://www.project-syndicate.org/commentary/ai-needs-human-guidance-to-help-solve-climate-crisis-by-yana-gevorgyan-2025-01
Jan 13, 2025
Yana Gevorgyan
When leaders and executives convene for the World Economic Forum’s annual meeting in Davos, they must acknowledge that artificial intelligence is not a panacea for climate change. To realize these advanced tools' potential, they must be coupled with the insights of indigenous peoples, local communities, and private-sector actors.
https://www.project-syndicate.org/commentary/ai-needs-human-guidance-to-help-solve-climate-crisis-by-yana-gevorgyan-2025-01
Project Syndicate
AI Alone Won’t Save the Planet | by Yana Gevorgyan - Project Syndicate
Yana Gevorgyan calls for an “augmented intelligence” that combines algorithms with human knowledge and lived experience.
Europe’s CEOs Must Speak Up on AI Regulation
Jan 10, 2025
Sylvain Duranton
and
Kirsten Rulf
From the Industrial Revolution up to the present, regulatory frameworks for new and evolving technologies have benefited from real-world input. Yet in the case of AI, too many companies remain on the sidelines, heightening the risk that poorly designed rules will hinder progress.
https://www.project-syndicate.org/commentary/ai-regulation-industry-perspectives-key-to-balance-safety-and-innovation-by-sylvain-duranton-and-kirsten-rulf-2025-01
Jan 10, 2025
Sylvain Duranton
and
Kirsten Rulf
From the Industrial Revolution up to the present, regulatory frameworks for new and evolving technologies have benefited from real-world input. Yet in the case of AI, too many companies remain on the sidelines, heightening the risk that poorly designed rules will hinder progress.
https://www.project-syndicate.org/commentary/ai-regulation-industry-perspectives-key-to-balance-safety-and-innovation-by-sylvain-duranton-and-kirsten-rulf-2025-01
Project Syndicate
Europe’s CEOs Must Speak Up on AI Regulation
Sylvain Duranton & Kirsten Rulf worry that the drafting of legal frameworks is being left to just a few players.
Ukraine’s Existential Culture War
Jan 7, 2025
Ian Buruma
To those who espouse universal humanism, banning great works of art associated with an enemy country is never a good idea, given its narrowing, provincializing effect. But in the case of Ukraine, this kind of cultural chauvinism is essential to resisting Russia’s forced embrace.
https://www.project-syndicate.org/commentary/ukraine-war-existential-fight-against-russia-cultural-dominance-by-ian-buruma-2025-01
Jan 7, 2025
Ian Buruma
To those who espouse universal humanism, banning great works of art associated with an enemy country is never a good idea, given its narrowing, provincializing effect. But in the case of Ukraine, this kind of cultural chauvinism is essential to resisting Russia’s forced embrace.
https://www.project-syndicate.org/commentary/ukraine-war-existential-fight-against-russia-cultural-dominance-by-ian-buruma-2025-01
Project Syndicate
Ukraine’s Existential Culture War
Ian Buruma thinks the country is justified in banning Russian art, even though it runs counter to humanist principles.
Australia’s Great Social-Media Experiment
Jan 6, 2025
Peter Singer
Some dispute the link between social-media use and mental-health problems in teenagers, arguing that correlation does not imply causation. Thanks to Australia’s newly enacted ban on the use of designated platforms by children under 16, we may soon find out who is right.
https://www.project-syndicate.org/commentary/australia-new-law-banning-social-media-for-children-under-16-by-peter-singer-2025-01
Jan 6, 2025
Peter Singer
Some dispute the link between social-media use and mental-health problems in teenagers, arguing that correlation does not imply causation. Thanks to Australia’s newly enacted ban on the use of designated platforms by children under 16, we may soon find out who is right.
https://www.project-syndicate.org/commentary/australia-new-law-banning-social-media-for-children-under-16-by-peter-singer-2025-01
Project Syndicate
Australia’s Great Social-Media Experiment
Peter Singer assesses the merits of new legislation requiring users to be at least 16 years old.
Trump Can’t Stop De-Dollarization
Dec 27, 2024
Hippolyte Fofack
US President-elect Donald Trump has vowed to impose 100% tariffs on countries that shun the greenback. But the myriad benefits of de-dollarization, especially in terms of macroeconomic management and growth, are huge, and will likely outweigh the costs of these retaliatory measures.
https://www.project-syndicate.org/commentary/trump-cannot-stop-de-dollarization-with-retaliatory-tariffs-by-hippolyte-fofack-2024-12
Dec 27, 2024
Hippolyte Fofack
US President-elect Donald Trump has vowed to impose 100% tariffs on countries that shun the greenback. But the myriad benefits of de-dollarization, especially in terms of macroeconomic management and growth, are huge, and will likely outweigh the costs of these retaliatory measures.
https://www.project-syndicate.org/commentary/trump-cannot-stop-de-dollarization-with-retaliatory-tariffs-by-hippolyte-fofack-2024-12
Project Syndicate
Trump Can’t Stop De-Dollarization
Hippolyte Fofack thinks the benefits of reducing reliance on the greenback will outweigh the costs of retaliatory US tariffs.
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The FT provides essential news and analysis to ambitious individuals and companies around the world, alongside a suite of leadership services that put our content and expertise to practical use.
Source: www.ft.com
Will Trump Destroy the Dollar’s Primacy?
https://www.project-syndicate.org/onpoint/will-trump-destroy-the-dollar-s-primacy
https://www.project-syndicate.org/onpoint/will-trump-destroy-the-dollar-s-primacy
Project Syndicate
Will Trump Destroy the Dollar’s Primacy?
Within its first two months, President Donald Trump’s second administration has attacked US institutions, alienated trade partners and allies, decimated consumer and investor confidence, and sent the stock market plummeting. Can the dollar’s status as the…
How Much “Weaponization” Can the Global Economy Take?
https://www.project-syndicate.org/commentary/weaponization-of-trade-supply-chains-financial-flows-payments-going-too-far-by-carla-norrlof-2025-03
https://www.project-syndicate.org/commentary/weaponization-of-trade-supply-chains-financial-flows-payments-going-too-far-by-carla-norrlof-2025-03
Project Syndicate
How Much “Weaponization” Can the Global Economy Take?
Carla Norrlöf worries that major powers’ understandable reliance on economic coercion will go too far.
Will AI Mean Higher Taxes?
https://www.project-syndicate.org/commentary/ai-related-job-losses-could-lead-to-higher-corporate-taxes-by-dambisa-moyo-2025-03
https://www.project-syndicate.org/commentary/ai-related-job-losses-could-lead-to-higher-corporate-taxes-by-dambisa-moyo-2025-03
Project Syndicate
Will AI Mean Higher Taxes?
Dambisa Moyo warns business leaders that automation-driven efficiency gains may come with hidden long-term costs.