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PS on Sunday
JULY 12, 2020
This week at Project Syndicate, Robert J. Shiller demystifies the US stock market’s strong performance during the pandemic; Dani Rodrik censures Western critics of China's industrial policies; Joseph S. Nye, Jr., says that, if Joe Biden wins the November election, he should replace, not revive, the liberal international order; and more. Join the conversation.

Economics & Finance

Understanding the Pandemic Stock Market


Robert J. Shiller explains why US equity prices remain afloat when cratering demand is dragging down investment and employment.

Economics & Finance

China as Economic Bogeyman


Dani Rodrik argues that criticizing Chinese industrial policies makes little economic sense and serves no useful purpose.

Politics & World Affairs

After the Liberal International Order


Joseph S. Nye, Jr., proposes a new template for global cooperation and rules-based management of transnational threats.

Economics & Finance

Sovereign Creditors Must Not Rewrite the Rules During the Pandemic


Joseph E. Stiglitz, Robert Howse, Anne-Marie Slaughter, et al. urge the international community to reject demands that will benefit mainly lawyers and investment banks.
Toward a New Fiscal Constitution

On Point

Toward a New Fiscal Constitution


Mariana Mazzucato and Robert Skidelsky hope the COVID-19 crisis will finally put an end to an inherently weak and unstable economic-policy orthodoxy.

Politics & World Affairs

The Political Logic of China’s Strategic Mistakes


Minxin Pei traces the communist regime’s recent policy blunders – including in Hong Kong – to two aspects of its mindset.

Politics & World Affairs

India’s China Strategy Is Changing


Shashi Tharoor says the latest Himalayan border flareup is forcing the country to reappraise its “strategic autonomy” doctrine.
Big Tech’s Big Test

Big Picture

Big Tech’s Big Test


PS commentators consider the impact of the COVID-19 crisis on governments’ digital policies.

Technology & Society

Will Universities Learn from Lockdowns?


Kenneth Rogoff hopes that the pandemic will finally trigger a long overdue technological disruption of higher education.

Politics & World Affairs

The Crisis India Needed


Devesh Kapur thinks China’s recent aggression will force Narendra Modi’s government to launch long-overdue reforms.
Say More: Jorge G. Castañeda

Say More Interview

Jorge G. Castañeda

shows why the US may be primed for radical reform, defends the Organization of American States’ record in Bolivia, and discusses what the US could learn from Mexico.

 

Culture & Society

Are Riots Justifiable?


Peter Singer and Katarzyna de Lazari-Radek use three criteria to assess the wave of civil disorder following the police killing of George Floyd.

Economics & Finance

A V-Shaped Recovery Could Still Happen


Jim O’Neill points out that despite media and public perceptions, key economic indicators worldwide are pointing up.
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