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The Perils of Retirement in America
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. -
Trump on Trial
Trump on Trial
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Nancy Isenberg , Eric Posner , Reed Galen , Richard K. Sherwin , William L. SilberFrom a long list of criminal indictments to unfavorable voter demographics, there is plenty standing between presumptive GOP nominee Donald Trump and a second term in the White House. But a Trump victory in the November election remains a distinct possibility – and a cause for serious economic concern.
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An Iran-Israel War?
An Iran-Israel War?
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Daoud Kuttab , Gareth Evans , Dennis Ross , Joschka FischerIran’s mass ballistic missile and drone attack on Israel last week raised anew the specter of a widening Middle East war that draws in Iran and its proxies, as well as Western countries like the United States. The urgent need to defuse tensions – starting by ending Israel’s war in Gaza and pursuing a lasting political solution to the Israeli-Palestinian conflict – is obvious, but can it be done?
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China’s Rebalancing Imperative
China’s Rebalancing Imperative
Stephen S. Roach explains why the Chinese authorities should switch to a consumption- and productivity-led growth model. -
Minxin Pei on China’s economy, surveillance state, repression of dissent, and more
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. -
Can China Get Out of Its Rut?
Can China Get Out of Its Rut?
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Yang Yao, Yu Yongding, Nouriel Roubini, Yi Fuxian, Stephen S. Roach, Nancy QianChina’s authorities have powerful economic-policy levers at their disposal to achieve their 5% growth target this year and put the economy on a more sustainable long-term growth path. But several trends – from the shift toward state capitalism to population aging to the loss of goodwill between Chinese and Americans – could thwart China’s ambition to join the ranks of high-income countries by mid-century.
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Governments Must Shape AI’s Future
Governments Must Shape AI’s Future
Mariana Mazzucato & Fausto Gernone urge policymakers to see themselves as proactive participants in technological innovation and market-making. -
Is Techno-Monopoly Inevitable?
Is Techno-Monopoly Inevitable?
William H. Janeway assesses a new theory of “technological market power” and its effects on the modern economy. -
Joseph S. Nye, Jr., on nuclear risk, American hubris, great-power competition, and more
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. -
The Struggle for Currency Supremacy
The Struggle for Currency Supremacy
Paolo Tasca expects that digital assets will accelerate efforts to create alternatives to the US dollar. -
The Immigration Tinderbox
The Immigration Tinderbox
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Alison L. LaCroix, Nancy Qian, Anne O. Krueger, Soňa Muzikárová, Federico FubiniIn the United States and Europe, immigration tends to divide people into opposing camps: those who claim that newcomers undermine economic opportunity and security for locals, and those who argue that welcoming migrants and refugees is a moral and economic imperative. How should one make sense of a debate that is often based on motivated reasoning, with emotion and underlying biases affecting the selection and interpretation of evidence?
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The Indian Giant Has Arrived
The Indian Giant Has Arrived
Mohamed A. El-Erian & Michael Spence consider the risks and challenges associated with the country's rapidly expanding global footprint. -
Angela Huyue Zhang on Chinese innovation, regulation, AI, and more
Angela Huyue Zhang on Chinese innovation, regulation, AI, and more
Angela Huyue Zhang warns that China’s lax approach to regulating artificial intelligence could lead to a crisis, highlights the impact of the market’s deep-seated mistrust of the Chinese legal system, considers how Western regulatory trends influence China, and more.
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PS OnPoint
Profit and Peril
“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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