India at a Crossroads

India at a Crossroads

Sound policymaking has helped India modernize and achieve robust economic growth, positioning it to become an increasingly important player on the world stage. But recent developments – and scandals – show that the government must address some major issues...
Sleepwalking on Megathreat Mountain

Sleepwalking on Megathreat Mountain

Whatever one’s favored terminology for describing the current moment, there is widespread agreement that we are facing unprecedented, unusual, and unexpected levels of uncertainty, auguring a future of crisis, instability, and conflict. But whether we will...
More War Means More Inflation

More War Means More Inflation

Advanced economies and emerging markets are increasingly engaged in necessary “wars” – some real, some metaphorical – that will lead to even larger fiscal deficits, more debt monetization, and higher inflation on a persistent basis. The future...
The Unavoidable Crash

The Unavoidable Crash

After years of ultra-loose fiscal, monetary, and credit policies and the onset of major negative supply shocks, stagflationary pressures are now putting the squeeze on a massive mountain of public- and private-sector debt. The mother of all economic crises looms, and...

This week, PS talks with Nouriel Roubini, Professor Emeritus of Economics at New York University’s Stern School of Business, Chief Economist at Atlas Capital Team, CEO of Roubini Macro Associates, Co-Founder of TheBoomBust.com, and the author...