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Katharina Pistor

Katharina Pistor

Writing for PS since 2000
34 commentaries

Katharina Pistor, Professor of Comparative Law at Columbia Law School, is the author of The Code of Capital: How the Law Creates Wealth and Inequality (Princeton University Press, 2019).

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  1. Will Boeing Crash Shareholder Value?
    pistor34_NTSB via Getty Images_boeing NTSB via Getty Images

    Will Boeing Crash Shareholder Value?

    Apr 10, 2024 Katharina Pistor sees the troubled company as a textbook example of a broader problem afflicting corporate governance.

  2. Elon Musk and the Absolutist Revival
    pistor33-napoleon musk

    Elon Musk and the Absolutist Revival

    Feb 13, 2024 Katharina Pistor laments the modern cult of the CEO, which allows corporate leaders to pick and choose their own laws.

  3. Katharina Pistor on financial risk, wealth creation, digital currencies, and more
    basu50_sasun1990GettyImages_businessmanbooksmoney sasun1990/Getty Images

    Katharina Pistor on financial risk, wealth creation, digital currencies, and more

    Jan 23, 2024 Katharina Pistor highlights the government’s role in perpetuating financial-sector fragility, urges stronger enforcement of legal accountability for political leaders, explains why trading nature derivatives should not be confused with protecting nature, and more.

  4. In AI, Capital Wins Again
    pistor30_Justin SullivanGetty Images_sam altman Justin Sullivan/Getty Images

    In AI, Capital Wins Again

    Nov 28, 2023 Katharina Pistor shows why OpenAI’s efforts to preserve its founding non-profit mission never stood any chance.

  5. How Finance Became the Problem
    pistor29_Selcuk1Getty Images_money Selcuk1/Getty Images

    How Finance Became the Problem

    Oct 5, 2023 Katharina Pistor catalogues the high costs of transforming almost every political challenge into a priceable asset.

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  1. strain27_Philipp von Ditfurthpicture alliance via Getty Images_AIeducation Philipp von Ditfurth/picture alliance via Getty Images

    What the AI Pessimists Are Missing

    Michael R. Strain points out that the technology will help to address many of the risks it creates.
  2. ito37_Spencer PlattGetty Images_columbiaprotests Spencer Platt/Getty Images

    The Innocent Bystanders of College Protests

    Takatoshi Ito laments that a radical minority can disrupt the lives of so many in the broader university community.
  3. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images

    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.
  4. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images

    Defining Success in Ukraine

    Richard Haass

    Jake Sullivan, the US National Security Adviser, has expressed the view that 2025 could be the time for Ukraine to once again mount a counter-offensive against Russian troops. Given the strategic math, that would be a serious mistake.

    calls for a shift to a defensive posture and efforts to bring about a long-term ceasefire.
  5. aslund75_Pierre CromGetty Images_ukraineconflict Pierre Crom/Getty Images

    A Unified Western Strategy for Ukraine

    Anders Åslund proposes a maximalist approach to military aid to replace the current piecemeal injections of old weapons.
  6. khrushcheva180_ContributorGetty Images_shoiguputin Contributor/Getty Images

    Russia’s Battle of the Ministries

    Nina L. Khrushcheva sees a high-ranking official's recent arrest as a sign of declining confidence in Vladimir Putin's leadership.
  7. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images

    The “Billions to Trillions” Charade

    Jayati Ghosh

    Multilateral development banks and international financial institutions argue that mobilizing private investment is crucial to meeting developing economies’ needs for climate and development finance. But boosting government revenues is far more likely to generate the trillions of dollars needed to close these financing gaps.

    explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.
  8. aljasser1_SEYLLOUAFP via Getty Images_dakarairport Seyllou/AFP via Getty Images

    Leveraging Islamic Finance for Sustainable and Resilient Infrastructure

    Muhammad Al Jasser shows how a hybrid financing model could help fund desperately needed projects in the developing world.
  9. GettyImages-1357300450

    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.

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