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op_bivens1_JIM WATSONAFP via Getty Images_bidenworkers Jim Watson/AFP via Getty Images

America’s Workers Are About to Be Forgotten Again

Josh Bivens & Heidi Shierholz

Whatever his failings, Joe Biden did more for the typical American working family than any other president in at least a generation. Tragically, Americans who remain angry about chronic economic injustices will soon realize that the situation can get much worse.

contrast the Biden administration's pro-worker policies with what Donald Trump is likely to do.
  1. op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images

    False Economies

    William H. Janeway highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.
  2. bq trump institutions Photo by Brendan McDermid-Pool/Getty Images

    Can US Institutions Withstand Trump 2.0?

    Featured in this Big Question

    Daron Acemoglu , Bruce Ackerman , Aziz Huq , Alison L. LaCroix , Richard K. Sherwin

    While some observers doubt that US President-elect Donald Trump poses a grave threat to US democracy, others are bracing themselves for the destruction of the country’s constitutional order. With Trump’s inauguration just around the corner, we asked PS commentators how vulnerable US institutions really are.

  3. GettyImages-1275420781

    Ricardo Hausmann on immigration, climate finance, economic complexity, and more

    Ricardo Hausmann urges the US to issue more H1-B visas, argues that Europe must become a military superpower in its own right, applies the “growth diagnostics” framework to Venezuela, and more.
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    PS Quarterly

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    The Year Ahead 2025 magazine

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  5. stiglitz343_ChipSomodevillaGettyImages_trump_goofy Chip Somodevilla/Getty Images

    What Will Trump Do to the US Economy?

    Featured in this Big Picture

    PS editors , Joseph E. Stiglitz , Kenneth Rogoff , Sylvester Eijffinger , Edin Mujagic , Nouriel Roubini , Simon Johnson

    From cutting taxes to raising tariffs to eroding central-bank independence, US President-elect Donald Trump has made a wide range of economic promises, many of which threaten to blow up the deficit and fuel inflation. But powerful institutional, political, and economic constraints, together with Trump’s capriciousness, have spurred disagreement about how worried we should be.

  6. op_goldin3_Timothy HearsumDesign Pics EditorialUniversal Images Group via Getty Images_USmigrantworker Timothy Hearsum/Design Pics Editorial/Universal Images Group via Getty Images

    The Truth About Migration

    Ian Goldin warns that stricter border controls often exacerbate the very problems they aim to solve.
  7. cferguson3_Getty Images Getty Images

    Our AI Near-Future

    Charles Ferguson offers a brief roadmap of how the technology will evolve and be deployed over the next few years.
  8. op_aschechter2_BRENDAN SMIALOWSKIAFP via Getty Images_trump Brendam Smialowski/AFP via Getty Images

    PS Commentators’ Predictions for 2025

    PS editors asked PS contributors to identify the national and global trends to look out for in the coming year.
  9. op_aschecter1_Westend61Getty Images_books Westend61/Getty Images

    PS Commentators’ Best Reads in 2024

    PS editors ask Project Syndicate contributors to select the books that resonated with them the most over the past year.
  10. ginsburg4_ Andrew HarnikGetty Images_trumpmaga Andrew Harnik/Getty Images

    Will Trumponomics Bring Boom or Bust in 2025?

    Featured in this Big Question

    J. Bradford DeLong , Maurice Obstfeld , Tara Pincock , Michael R. Strain

    Many Americans voted for Donald Trump last month in the hopes that the dealmaker-president would usher in a period of economic renewal that would lift businesses and workers alike. But the merits of Trump’s likely policies remain hotly debated, and his capriciousness only adds to the uncertainty. With his inauguration approaching fast, we asked PS commentators what they are watching for.

  11. op_anheier15_HANNIBAL HANSCHKEPOOLAFP via Getty Images_merkel Hannibal Hanschke/Pool/AFP via Getty Images

    Angela Merkel’s World of Yesterday

    Helmut K. Anheier highlights how and why the former German chancellor’s legacy has soured in the three years since she left power.
  12. bp trump neoliberalism Photo by Saul Martinez for The Washington Post via Getty Images

    Did Neoliberalism Kill American Democracy?

    Featured in this Big Picture

    PS editors, Joseph E. Stiglitz, Andrés Velasco, Daron Acemoglu, Christy Hoffman, Bartosz M. Rydliński, Katharina Pistor

    As US President-elect Donald Trump prepares to make good on his threats to upend American institutions, the pressure is on his opponents to figure out how to defend, and eventually strengthen, US democracy. But first they must understand how the United States reached this point.

  13. op_moyo5_Wong Yu LiangGetty Images_downarrow Wong Yu Liang/Getty Images

    The Eight Headwinds Threatening Global Growth in 2025

    Dambisa Moyo highlights the major trends which, if left unchecked, could usher in a period of prolonged stagnation.
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    Enrique Krauze on Baruch Spinoza, the US election, Mexican democracy, and more

    Enrique Krauze considers the responsibility of the state to guarantee freedom, heralds the demise of Mexico’s democracy, highlights flaws in higher-education systems, and more.

The world’s diplomatic, political, and economic divisions continue to harden – both between countries and within them. Whereas 2022 and 2023 featured a war of attrition in Ukraine, we have since entered a broader world of attrition, with zero-sum conflicts multiplying across the board.

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