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The newest issue of our magazine, PS Quarterly: Profit and Peril, is here. To gain digital access to all of the magazine’s content, and receive your print copy, subscribe to PS Premium now. 

  1. sherwin12_MANDEL NGANAFP via Getty Images_trumpsupremecourt Mandel Ngan/AFP via Getty Images
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    Trump’s Enablers on the Supreme Court

    Richard K. Sherwin

    Former US President Donald Trump's claim of absolute immunity from prosecution for "official acts" while he was in the White House is breathtaking in scope, as it could include ordering assassinations and coups. While the Supreme Court may not uphold Trump's expansive claim, its ruling will almost certainly give Trump what he wants.

     thinks the majority's support for broad immunity for former presidents rests on a dangerous premise.
  2. ocampo58_Spencer PlattGetty Images_wealthtax Spencer Platt/Getty Images
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    Finishing the Job of Global Tax Cooperation

    José Antonio Ocampo

    Given the many loopholes and opportunities for tax arbitrage in today's global economy, much closer international cooperation will be needed to ensure that multinational corporations and the world's wealthiest people pay their fair share. Negotiations for this purpose are now underway, but developed countries must get on board.

     offers a blueprint for ongoing negotiations toward a new convention to tax multinationals and the wealthy.
  3. mazzucato66_Soumyabrata RoyNurPhoto via Getty Images_IndiaUPI Soumyabrata Roy/NurPhoto via Getty Images
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    Central Banks in a Cashless World

    Mariana Mazzucato & David Eaves explain why policymakers should become more involved in shaping or creating digital-payments infrastructure.
  4. rogoff248_ Jemal CountessGetty Images for the Peter G. Peterson Foundation_debt Jemal Countess/Getty Images for the Peter G. Peterson Foundation
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    The End of Magical Debt Thinking

    Kenneth Rogoff welcomes economists’ recent reassessment of the costs and benefits of public borrowing.
  5. elerian167_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images
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    Navigating Major Transitions in an Uncertain Economy

    Mohamed A. El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure.
  6. frankel159_ADEK BERRYAFP via Getty Images_indonesia currency ADEK BERRY/AFP via Getty Images
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    The Election-Devaluation Cycle

    Jeffrey Frankel revisits the idea that emerging and developing economies are likely to prop up their currencies before a vote.
  7. patten165_Anastasia VlasovaGetty Images_ukraine war Anastasia Vlasova/Getty Images
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    The West Must Not Let Putin Win

    Chris Patten implores the US and Europe to continue supporting Ukraine’s fight for freedom with weapons and aid.
  8. nsofor9_ Zhu Huanan CFOTOFuture Publishing via Getty Images_hpv vaccine Zhu Huanan / CFOTO/Future Publishing via Getty Images
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    Governments Must Step Up to Prevent Cervical Cancer

    Ifeanyi M. Nsofor urges policymakers worldwide to commit to administering the HPV vaccine as widely as possible.
  9. op_ghilarducci1_Jeffrey GreenbergUniversal Images Group via Getty Images_USelderlyworker Jeffrey Greenberg/Universal Images Group via Getty Images
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    The Perils of Retirement in America

    Teresa Ghilarducci proposes a Grey New Deal that would boost economic security for all US workers in old age.
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Latest

  1. Finishing the Job of Global Tax Cooperation
    ocampo58_Spencer PlattGetty Images_wealthtax Spencer Platt/Getty Images

    Finishing the Job of Global Tax Cooperation

    Apr 29, 2024 José Antonio Ocampo offers a blueprint for ongoing negotiations toward a new convention to tax multinationals and the wealthy.

  2. The End of Magical Debt Thinking
    rogoff248_ Jemal CountessGetty Images for the Peter G. Peterson Foundation_debt Jemal Countess/Getty Images for the Peter G. Peterson Foundation

    The End of Magical Debt Thinking

    Apr 29, 2024 Kenneth Rogoff welcomes economists’ recent reassessment of the costs and benefits of public borrowing.

  3. The West Must Not Let Putin Win
    patten165_Anastasia VlasovaGetty Images_ukraine war Anastasia Vlasova/Getty Images

    The West Must Not Let Putin Win

    Apr 29, 2024 Chris Patten implores the US and Europe to continue supporting Ukraine’s fight for freedom with weapons and aid.

  4. The Election-Devaluation Cycle
    frankel159_ADEK BERRYAFP via Getty Images_indonesia currency ADEK BERRY/AFP via Getty Images

    The Election-Devaluation Cycle

    Apr 29, 2024 Jeffrey Frankel revisits the idea that emerging and developing economies are likely to prop up their currencies before a vote.

  5. Trump’s Enablers on the Supreme Court
    sherwin12_MANDEL NGANAFP via Getty Images_trumpsupremecourt Mandel Ngan/AFP via Getty Images

    Trump’s Enablers on the Supreme Court

    Apr 29, 2024 Richard K. Sherwin thinks the majority's support for broad immunity for former presidents rests on a dangerous premise.

Trending

OnPoint is our suite of subscriber-exclusive content. Get long-read commentaries, thematic deep dives, interviews with world leaders, and much more. Learn more.  

  1. op_ghilarducci1_Jeffrey GreenbergUniversal Images Group via Getty Images_USelderlyworker Jeffrey Greenberg/Universal Images Group via Getty Images
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    The Perils of Retirement in America

    Teresa Ghilarducci proposes a Grey New Deal that would boost economic security for all US workers in old age.
  2. op_roach3_ Kevin FrayerGetty Images_china lagging consumption Kevin Frayer/Getty Images
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    China’s Rebalancing Imperative

    Stephen S. Roach explains why the Chinese authorities should switch to a consumption- and productivity-led growth model.
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    Minxin Pei on China’s economy, surveillance state, repression of dissent, and more

    Minxin Pei doubts China’s government is willing to do what is needed to restore growth, describes the low-tech approaches taken by the country’s vast security apparatus, considers the Chinese social-credit system’s repressive potential, and more.
  4. mazzucato62 Getty Images
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    Governments Must Shape AI’s Future

    Mariana Mazzucato & Fausto Gernone urge policymakers to see themselves as proactive participants in technological innovation and market-making.
  5. op_janeway15_AMY OSBORNEAFP via Getty Images_googlecampus Amy Osborne/AFP via Getty Images
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    Is Techno-Monopoly Inevitable?

    William H. Janeway assesses a new theory of “technological market power” and its effects on the modern economy.
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    Joseph S. Nye, Jr., on nuclear risk, American hubris, great-power competition, and more

    Joseph S. Nye, Jr. calls for restoring the credibility of the US nuclear umbrella, highlights the role of nongovernmental agencies in international relations, worries that the US will play its cards poorly vis-à-vis China, and more.

“It is better to ask forgiveness than permission” has been the mantra of the digital revolution so far, and one should not expect that to change with artificial intelligence. For those already in a position to dominate this potentially groundbreaking sector, the opportunities are too enticing to miss.

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  1. nixonsaintil2_shark_749Getty Images_AIdataclimatecity shark_749/Getty Images
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    AI Holds the Key to Resilient Cities

    Justina Nixon-Saintil surveys the technology's foreseeable applications in promoting urban sustainable development.
  2. nasheed3_MANDEL NGANAFP via Getty Images_georgieva MANDEL NGAN/AFP via Getty Images
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    What a Climate-Aligned IMF Would Look Like

    Mohamed Nasheed & Rakesh Mohan explain how the managing director can fully position the institution to help the most vulnerable countries.
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    The Ozone Layer’s Recovery Shows How to Protect the Planet

    Robert Redford & Xiye Bastida highlight the critical role of international cooperation in preserving the planet’s habitability.

Opinion that Moves

  1. José Antonio Ocampo Finishing the Job of Global Tax Cooperation
  2. Kenneth Rogoff The End of Magical Debt Thinking
  3. Jeffrey Frankel The Election-Devaluation Cycle
  4. Mohamed A. El-Erian Navigating Major Transitions in an Uncertain Economy

  1. Chris Patten The West Must Not Let Putin Win
  2. Richard K. Sherwin Trump’s Enablers on the Supreme Court
  3. Carl Bildt Trump Is Putin’s Only Hope Now
  4. Nancy Isenberg Is Trump Above the Law?

  1. Ifeanyi M. Nsofor Governments Must Step Up to Prevent Cervical Cancer
  2. Sania Nishtar Fifty Years of Immunization Success Call for 50 More
  3. Rachel Glennerster The Pandemic Financing Developing Countries Need
  4. Jayati Ghosh The Key to Transforming African Health

  1. Justina Nixon-Saintil AI Holds the Key to Resilient Cities
  2. Mohamed Nasheed, et al. What a Climate-Aligned IMF Would Look Like
  3. Robert Redford, et al. The Ozone Layer’s Recovery Shows How to Protect the Planet
  4. Laurence Tubiana Taxing Polluters Is the Key to Climate Justice

  1. Mariana Mazzucato, et al. Central Banks in a Cashless World
  2. Peter G. Kirchschläger AI Needs UN Oversight
  3. Daron Acemoglu, et al. History Already Tells Us the Future of AI
  4. Amar Bhidé The Boring Truth About AI

  1. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?
  2. Eleanor Carter, et al. How to Rebuild Trust in Public Institutions
  3. Slavoj Žižek Canceling Palestine
  4. Robert Skidelsky The Language of Political Control

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

  1. Anne O. Krueger The Geopolitics of Africa’s Debt Crisis
  2. Jayati Ghosh The Key to Transforming African Health
  3. Ishac Diwan, et al. Developing Countries’ Liquidity Crisis Is Not Over

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

  1. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?
  2. Anya Schiffrin, et al. Quality Journalism Is More Important than Ever
  3. Natalie Dunleavy Campbell, et al. The US Is Jeopardizing the Open Internet

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

  1. Rachel Glennerster The Pandemic Financing Developing Countries Need
  2. Mariana Mazzucato How to Save the Pandemic Treaty
  3. Helen Clark, et al. Delivering the Pandemic Accord the World Needs