Project Syndicate

Project Syndicate

The real obstacle to climate action

The real obstacle to climate action

Distributional issues – not aggregate costs – are the real obstacle to the ambitious policies needed to avert possibly catastrophic climate change

1989's story could have had a much darker and bloodier ending

1989's story could have had a much darker and bloodier ending

30 years ago, Europe experienced a truly miraculous few months. Today, we should honour not only those who fought for change, but also those who refused to send out the tanks

IMF repeats past mistakes with Latin American deals

IMF repeats past mistakes with Latin American deals

The IMF’s bizarre belief in 'expansionary austerity' would be laughable if it were not so damaging. How can it justify an approach with such a poor track record?

America’s superpower panic

America’s superpower panic

History suggests that a global superpower in relative decline should aim for a soft landing. By contrast, US President Donald Trump's incoherent, confrontational approach toward China could seriously damage America’s long-term interests

The catastrophic consequences of a Chinese crackdown in Hong Kong

The catastrophic consequences of a Chinese crackdown in Hong Kong

If Chinese soldiers storm the city, an immediate exodus of expats and elites with foreign passports and green cards will follow, and Western businesses will relocate en masse to other Asian commercial hubs

The European Parliament's misguided ambitions

The European Parliament's misguided ambitions

Giving the European Parliament more authority, at the expense of the council and particularly the commission, will only weaken further the EU’s capacity to develop and implement policy

The dangerous delusion of optimal global warming

The dangerous delusion of optimal global warming

Modelled estimates of adverse impacts are incapable of capturing the risk that global warming could be self-reinforcing, creating a non-trivial risk of catastrophic threats to human life on Earth

Jeremy Corbyn’s finest hour?

Jeremy Corbyn’s finest hour?

With Boris Johnson's Brexit strategy crystal clear, Labour's task is equally clear. It must expose the truth about Johnson’s no-deal option and put forward its own plan to end Britain's interminable ordeal

Is von der Leyen the leader Europe needs?

Is von der Leyen the leader Europe needs?

Alongside the general sense of relief that EU leaders managed to agree on a candidate, a nagging doubt remains as to whether Europe will really have the best person – and team – at the helm

Boris’s Brexit

Boris’s Brexit

Political betting markets now put the chance of a no-deal Brexit at roughly one-third. But, regardless of the reckless promises to Conservative Europhobes that made Boris Johnson prime minister, an orderly, negotiated Brexit will be the favored option for a political libertine whose only consistent principle has been inconsistency.

A Reform Opportunity for the IMF

A Reform Opportunity for the IMF

The 75th anniversary of the Bretton Woods agreement and the departure of Christine Lagarde from the helm of the International Monetary Fund represent a golden opportunity to put the institution on a path toward a more effective and inclusive future. What should her successor's priorities be?

Trump's Iran actions spark search for post-US financial networks

Trump's Iran actions spark search for post-US financial networks

Regardless of whether it succeeds in bending Iran to its will, the Trump administration has strengthened other countries’ incentives to bypass the US financial system altogether

From Moon walk to space wars

From Moon walk to space wars

A new treaty is needed to outlaw all use of force in space, with clearly delineated – and reliably enforced – consequences for violations

Boris Johnson and the threat to British soft power

Boris Johnson and the threat to British soft power

The likely successor to British Prime Minister Theresa May, Boris Johnson, has plans to subsume the government department overseeing development aid into the foreign office, effectively eliminating it

What America needs to understand about capitalism

What America needs to understand about capitalism

Capitalism is widely – and wrongly – understood to be synonymous with free markets. In fact, it includes all economic systems with private ownership of property, from free markets to social democracy