The UN has warned that ‘humanity’s very survival’ is threatened. Radical reform of international finance is required.
Confronting the global water crisis
To safeguard this most fundamental natural resource, we urgently need a global strategy for water as a common good.
Consultants and the crisis of capitalism
Growing reliance on big consultancies is stunting state capacity and undermining democratic accountability.
The entrepreneurial state must lead on climate change
As a much-touted green alliance of financial institutions crumbles, the private sector has once again proved unequal to the task of climate leadership.
Toward a progressive economic agenda
To win power, progressive leaders must articulate a coherent economic policy, focusing not only on redistribution but also value creation.
Failing the pandemic-preparedness test
The G20’s pandemic-preparedness fund risks becoming just another burdensome distraction.
Effective pandemic response must be truly global
The world needs a pandemic preparedness and response strategy built on equitable and representative decision-making.
The right institutions for the climate transition
Global climate commitments will not amount to much without the institutional foundation the transition to a zero-carbon economy needs.
A new global economic consensus
The pandemic has highlighted the deficiencies of economic deregulation and market liberalisation and a new policy-making paradigm is emerging.
Mission-driven localities
While exposing and exacerbating longstanding inequalities, the pandemic has given rise to a wealth of promising local initiatives.
Don’t defund the BBC
Rather than public institutions being limited to fixing market failures, organisations such as the BBC are also market shapers.
From moonshots to earthshots
The pandemic has created a huge opportunity to restore mission-driven governance in the public interest.
Avoiding a climate lockdown
The world is approaching a tipping point on climate change, when protecting the future of civilisation will require dramatic interventions.
Capitalism’s triple crisis
After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery.
Preventing digital feudalism
Reforming the digital economy so that it serves collective ends is the defining economic challenge of our time.
Who Really Creates Value In An Economy?
After the 2008 global financial crisis, a consensus emerged that the public sector had a responsibility to intervene to bail out systemically important banks and stimulate economic growth. But that consensus proved short-lived, and soon the public sector’s economic interventions came to be viewed as the main cause of the crisis, and thus needed to […]
Mission Thinking: A Problem-Solving Approach To Fuel Innovation-Led Growth
The world is afflicted by problems that people experience in their daily lives: clean air in congested cities, a healthy and independent life in old age, access to digital technologies that improve public services, and treatment of diseases like cancer or obesity that continue to afflict millions of people across the globe. What is the […]
A State-Powered Green Revolution
Discussions about building a green future tend to focus on the need to improve the generation of energy from renewable sources. But that is just the first step. Better mechanisms for storing and releasing that energy – when the sun isn’t shining, the wind isn’t blowing, or when electric cars are on the move – […]
Toward A Green New Deal
The global agreement reached in Paris last week is actually the third climate agreement reached in the past month. The first happened at the end of November, when a group of billionaires led by Bill Gates, Mark Zuckerberg, and Jeff Bezos announced the creation of a $20 billion fund to back clean-energy research. On the […]
Jeremy Corbyn’s Necessary Agenda
Seven economists (including Joseph Stiglitz, Thomas Piketty, and me) have agreed to become economic advisers to Jeremy Corbyn, the new leader of the British Labour Party. I hope we will have a shared goal to help Labour shape an economic policy that is investment-led, inclusive, and sustainable. We will bring different ideas to the table, but these […]