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Project Syndicate - The World’s Opinion Page
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24 июня, 20:30

Saudi Arabia’s Game of Thrones

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Saudi Arabia’s King Salman has now replaced the 57-year-old Muhammad bin Nayif with his 31-year-old son, Mohammed bin Salman, as crown prince, signaling a clear break from a decades-old tradition of building consensus. That implies a return to the absolute monarchy established by Saudi Arabia's founder, King Abdulaziz Ibn Saud.

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23 июня, 17:40

We’ll Always Need Paris

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Faced with rapid cost reductions for clean electricity generation, some commentators suggest that we no longer need the Paris agreement or other policy interventions, because technology alone can solve all problems. But that is a utopian delusion, for three reasons.

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23 июня, 16:30

The Underside of Uber

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While the car-hailing app Uber’s board members and investors have received an outpouring of praise in recent days for forcing CEO Travis Kalanick to resign, they don’t deserve it. On the contrary, while Kalanick did indeed need to go, the move was long overdue – and it was delayed for all the wrong reasons.

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23 июня, 16:00

Revisiting the Global Order

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The Pax Americana of the last half-century is on life support, but liberalism and multilateralism are not dead yet. An inclusive and mutually beneficial global system can still be resuscitated, if we begin to think differently about where the centers of influence are located.

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23 июня, 13:38

Economics in Transition

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Since the 2008 global financial crisis, there has been no shortage of criticism of conventional economics, with its rigid models and fanciful “representative agents,” which utterly failed to predict the collapse. But the critics often overlook the emergence of new approaches – some predating the crisis – that could redefine the mainstream of economic thinking.

22 июня, 19:50

Trump’s Sugar Swamp

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As the US, Mexico, and Canada prepare to renegotiate NAFTA, much attention is being devoted to sugar. Indeed, the negotiations will probably produce a sweet deal for the US sugar industry, highlighting the emptiness of Donald Trump’s promise to reduce the influence of special interests over US policy.

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22 июня, 19:00

Donald Trump’s Trade-Knowledge Deficit

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Donald Trump's quixotic quest to eliminate the US trade deficit completely misses the point, and shows why public policy should be based on valid economic theory, not gut feelings. If Trump goes down the protectionist path, he will do lasting damage to the US economy.

22 июня, 18:50

Trump’s Unraveling Korea Policy

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US President Donald Trump’s signature Asian policy – his pledge to stop North Korea’s development of nuclear weapons – should have been a clear-cut example of American military support to its allies in the region. Unfortunately, like so much of Trump’s foreign policy agenda, it has proved to be anything but that.

22 июня, 17:50

Trump’s Trade Illogic

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As the Trump administration prepares to renegotiate NAFTA, the underlying logic of the US’s new approach to trade is about to receive prime-time scrutiny. When it does, the missed opportunities – on labor, subsidies, and competitiveness, and much else – will be impossible to ignore.

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22 июня, 16:20

Reinventing the French People

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French President Emmanuel Macron’s plan to obtain a majority in the National Assembly was a resounding success. But there is more to it than that: 57% of French voters – a record high – abstained during the second round of the parliamentary election.

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22 июня, 15:50

The Retreat of the Renminbi

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The dramatic fall of the renminbi since 2014 reflects the slowing of China’s debt-fueled economic growth and the accumulation of default risks. Unlike just a few years ago, the world now has little, if any, reason to continue stockpiling China's currency.

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21 июня, 19:20

The EU’s Mafia State

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Following the collapse of communism, many people in Central and Eastern Europe had hoped that the region would steadily move toward liberal democracy, and that any obstacles en route could be overcome. But as Hungarian Prime Minister Viktor Orbán's regime shows, older systems of patronage and corruption have survived.