Project Syndicate economists Project Syndicate produces and delivers original commentaries by prominent economists, political leaders, scholars, business leaders, and civic activists to a global audience, including nearly 500 media outlets in more than 150 countries
double quotation mark Will the AI economy create a permanent underclass? Kenneth Rogoff From India and Africa to Europe, countries not yet in the AI supply chain risk mass job losses, losing the tax revenue needed to deal with the tech’s fallout
double quotation mark Trump is wrong: ‘woke’ policies aren’t the real threat to Europe Nouriel Roubini The continent’s problems are not caused by immigration or cultural politics but by economic and technological decline
double quotation mark Why haven’t Trump’s tariffs crashed the US economy? Jeffrey Frankel Effects on inflation and employment have not been as bad as feared – but could still materialise with full force in 2026
double quotation mark The perils of economic centrism in a polarised world Kenneth Rogoff A decade ago, a prominent analysis was falsely cast as a call for austerity. Our real offence was suggesting there might be a trade-off between debt and growth
double quotation mark The G7 has once again put multinationals’ profits over the interests of people Joseph Stiglitz, José Antonio Ocampo and Jayati Ghosh Acceding to US demands to exempt its companies from an agreed global tax deal is morally and financially indefensible
double quotation mark Why Donald Trump’s plan to weaken the dollar is flawed Kenneth Rogoff There are many reasons why the US runs persistent trade deficits – a strong dollar is but one of them
double quotation mark Is a US recession on the horizon amid Trump’s tariffs? Jeffrey Frankel Expectations that the Fed will cut short-term interest rates and falling consumer confidence could indicate what is ahead
double quotation mark Europe’s powerful tool against Russia? Seizing its frozen assets Joseph Stiglitz and Andrew Kosenko If European leaders want to truly support Ukraine they must seize the moment by seizing $220bn in assets
double quotation mark How to shockproof the UK economy’s exposure to global risks Mohamed El-Erian As with US bond yields, the UK economy risks catching cold whenever anywhere else sneezes – but Britain can insulate itself better
double quotation mark Will Trump’s tariff threats protect the dollar’s dominance? Jeffrey Frankel Brics nations’ plan to create rival to greenback is bound to fail even without president-elect’s measures
double quotation mark Big EU economies must reform as Donald Trump’s tariffs loom Kenneth Rogoff As Germany and France struggle, Keynesian stimulus alone cannot pull them out of their malaise
double quotation mark The message to Democrats is clear: you must dump neoliberal economics Joseph Stiglitz The party must return to its progressive roots. A new economy is needed with new rules and new roles
double quotation mark Trump’s tax cuts and Musk’s Doge show they have no idea about US debt Jeffrey Frankel It is often said the tycoons know how to put America’s fiscal house in order – but the smart money says that’s not the case
double quotation mark Trump would make the US economy weaker, less competitive and less equal Joseph Stiglitz Former president offers blank cheque to coal and oil, and cosies up to billionaires such as Elon Musk and Peter Thiel
double quotation mark Trump would pull out of Paris climate treaty again – and Harris faces tough choices Barry Eichengreen If elected, the Democrat is likely to face a trade-off over manufacturing jobs and economic independence from China
double quotation mark Why have US shares, gold and the dollar been soaring? Jeffrey Frankel The emergence of artificial intelligence has pushed the tech sector to all-time highs, but other assets have risen, too
double quotation mark Labour’s growth strategy: the devil lies not in planning, but in implementation Mohamed El-Erian The party’s roadmap must favour comprehensive reforms, carried out at the same time, and sooner rather than later
double quotation mark It doesn’t make sense: why US tariffs on Chinese cleantech risk the green transition Jeffrey Frankel Global demand for renewable energy is surging so why make solar panels, wind turbines and EVs dearer for western consumers?
double quotation mark Why policymakers are more likely to risk high inflation during periods of economic uncertainty Kenneth Rogoff Central banks may not aim for such an outcome but will probably adjust interest rate decisions in a way that makes it more likely than deep recession
double quotation mark Higher interest rates make government debt unviable as an economic solution Kenneth Rogoff Big economies such as the US must change fiscal policy as the realities of debt and inflation bite
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