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Project Syndicate — Economics

Project Syndicate — Economics

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Global economists’ columns on macro/policy

Recent Posts

What Will the Fed’s “Warsh Era” Bring?
News•Feb 26, 2026

What Will the Fed’s “Warsh Era” Bring?

Kevin Warsh’s nomination to replace Jerome Powell places a deeply divided Federal Reserve at a crossroads. Warsh argues the institution needs a revamped analytical framework and a “balance‑sheet theory” rather than a singular focus on rate cuts. He suggests structural reforms to rebuild internal cohesion and external credibility. The debate now centers on how his approach will reshape monetary policy and market expectations.

By Project Syndicate — Economics
The Perils of Premature Automation
News•Feb 24, 2026

The Perils of Premature Automation

Developing nations are cautioned against rushing AI automation, as integrating advanced technologies into outdated, fragmented bureaucracies can erase middle‑skill jobs without spurring growth. The article argues that the prevailing "move fast or fall behind" mantra overlooks systemic readiness and may...

By Project Syndicate — Economics
Housing Has a Data Problem
News•Feb 24, 2026

Housing Has a Data Problem

The article highlights a critical data gap in global housing, where fragmented tracking tools leave policymakers unable to gauge program effectiveness. United Nations estimates reveal 2.8 billion people lack adequate housing and 318 million are homeless, underscoring the scale of the crisis....

By Project Syndicate — Economics
Debt Restructuring Is Senegal’s Best Bet
News•Feb 23, 2026

Debt Restructuring Is Senegal’s Best Bet

Senegal’s public debt has surged to roughly 132% of GDP, placing the country in a severe fiscal bind. With limited access to cheap financing, the government faces a stark choice between costly debt service and a structured debt‑restructuring process. Analysts...

By Project Syndicate — Economics
How Ukraine’s Economy Has Defied the Odds
News•Feb 23, 2026

How Ukraine’s Economy Has Defied the Odds

Ukraine’s economy has rebounded to near pre‑war GDP levels thanks to disciplined fiscal policy, heightened defense spending, and sustained international aid. Restored air and sea corridors revived export channels, while targeted infrastructure grants offset war‑induced fiscal gaps. The government’s focus...

By Project Syndicate — Economics
Killing the Goose that Lays the Gold Medal
News•Feb 20, 2026

Killing the Goose that Lays the Gold Medal

The article argues that America’s refusal to welcome talent jeopardizes its dominance in both sports and scientific research. It cites Vice President JD Vance’s criticism of skier Eileen Gu, who, though U.S.-born, competes for China, as evidence of the broader issue....

By Project Syndicate — Economics
European Security Needs Turkey
News•Feb 20, 2026

European Security Needs Turkey

Europe faces its most serious security shortfall in decades as reliance on U.S. defense guarantees wanes. The article argues that strategic autonomy must include re‑engaging Turkey, NATO’s most capable land force and a pivotal regional actor. It highlights the Trump...

By Project Syndicate — Economics
Why MAGA Fears Europe
News•Feb 20, 2026

Why MAGA Fears Europe

President Donald Trump and his MAGA allies continue to cast the European Union as weak and misguided, a theme echoed at both Davos and the Munich Security Conference. The article counters this narrative, highlighting the EU’s social‑market model and its...

By Project Syndicate — Economics
The Big Picture
News•Feb 20, 2026

The Big Picture

At the 2025 Munich Security Conference, U.S. Vice President JD Vance delivered a sharply critical speech, accusing European allies of abandoning fundamental democratic values and curbing free speech to manage migration. In contrast, the 2026 conference saw Secretary of State...

By Project Syndicate — Economics
Venezuelan Democracy Needs Action, Not Cheap Talk
News•Feb 20, 2026

Venezuelan Democracy Needs Action, Not Cheap Talk

U.S. President Donald Trump announced a Venezuela policy that puts oil reconstruction ahead of democratic elections. In a Fox News interview he pledged at least $100 billion from American oil firms to rebuild the country’s oil infrastructure, with the United States...

By Project Syndicate — Economics
A New Iranian Revolution?
News•Feb 20, 2026

A New Iranian Revolution?

Iran’s economy is spiraling under soaring inflation, unemployment and renewed U.S. sanctions, stoking widespread public discontent. The Islamic Republic faces a legitimacy crisis that could trigger either systemic reform or outright collapse. Analysts warn that without a shift toward moderate...

By Project Syndicate — Economics

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