Leaders
America’s New Gilded Age: Why the Plutocrats Are Back
Stanford historian Richard White on why extreme wealth, monopoly power and political corruption have returned — with digital giants in the role once played by the railroads.
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Leaders
Read arguments, commentary and analysis on economics, politics and global affairs. Views should be read with their article-specific author or source credit; an opinion is not a statement of settled fact or a claim of consensus.
Leaders
Why Trump and Xi should revive the US-China investment treaty
Ahead of a May 14th-15th summit in Beijing, Max Baucus and Stephen Roach argue that reviving the US-China Bilateral Investment Treaty could turn a fragile detente into growth…
Leaders
Central banker’s four lessons from a fragmented decade
With multilateralism in crisis, new ways must be found to co-operate, argues the departing head of the Banque de France, François Villeroy de Galhau.
Leaders
SpaceX, OpenAI and Anthropic IPOs Risk Entrenching Founder Control
SpaceX, OpenAI and Anthropic are testing new models of corporate control as they prepare to go public — from super-voting shares to Texas incorporation and hybrid mission structures…
Leaders
Turkey’s struggle for democracy is like Hungary’s, but harder
Turkey's democratic struggle resembles Hungary's, but the conditions are tougher and the stakes higher, argues Ozgur Ozel, leader of the opposition. If Turkish democrats succeed, their breakthrough will…
Leaders
Europe needs strength before it names a peace envoy for Ukraine
Talk of a European envoy to Moscow is premature, writes Anders Fogh Rasmussen. Before any negotiator is named, Europe must build the strength that makes peace possible.
Leaders
Laffer: How Reagan and Thatcher Tax Cuts Drove 4% Growth
Arthur Laffer writes that the benefits of Reaganomics and Thatcherism did not just trickle down — they poured, with 4% growth, 40m new US jobs and policies later…
Leaders
Why Israel May Come to Terms With Trump’s Iran Deal
Israelis see Donald Trump's memorandum with Iran as worse than the 2015 nuclear deal, yet three strategic calculations may push Binyamin Netanyahu to adapt — as Israel did…
Leaders
Colombia faces a historic choice, writes Iván Duque
After four years of institutional decay, fiscal recklessness and deteriorating security, Colombia must change course, argues former president Iván Duque ahead of the June 21st run-off between Iván…
Leaders
Greenspan’s legacy: what Kevin Warsh must learn at the Fed
Alan Greenspan defied a president over interest rates — then spent the Fed's prestige on tax cuts and Social Security privatisation. Peter Conti-Brown argues Kevin Warsh must copy…