Edition #35: July 4, 2024
Welcome to PS Economics, a weekly newsletter highlighting commentary on the most important issues in economics and finance.
The Eclipse of the Petrodollar – Free to Read
Hippolyte Fofack shows how digitalization and geopolitical risk are giving rise to alternative payment mechanisms.
Harold James worries that major elections this year could bring more fiscal irresponsibility and financial instability.
Diane Coyle explains why, instead of simplifying daily life, technological innovation is making it more burdensome.
Keun Lee attributes the country’s economic success to the government’s willingness to stray from prescribed orthodoxy.
Antara Haldar argues that failed Tory policies, not migrants, are undermining the economy’s future prospects.
Dani Rodrik, Laura Tyson, and Thomas Fricke tout a new understanding by leading economists about what policymakers must do to preempt the populist threat.
The Profit Trap – Free to Read
Jean-Baptiste Wautier considers why capitalism is creating problems instead of solving them, and how to save the system from itself.