All Eyes on Digital Payments

Digital payments are attracting growing interest, and eye-popping numbers abound, as demonstrated by the US payment processor Stripe’s recent $95 billion valuation. Why all the excitement, and why now?  At one level, the reason is straightforward: digital payments allow buyers to pay sellers without physical currency changing hands. Though the technology has been around for […]

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Disorder from the Courts

Nina L. Khrushcheva: In the notorious case of Dred Scott v. Sandford in 1857, US Supreme Court Chief Justice Roger Taney ruled that African-Americans were not and could not be citizens of the United States, and that the 1820 Missouri Compromise – which had created an (admittedly uneasy) equilibrium between slave and free states – […]

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The Return of German Politics

Joschka Fischer: Angela Merkel’s 16-year reign as German chancellor is coming to an end. Whatever one’s feelings about her, she has put her stamp on an entire era. But political epochs rarely end quietly, and “Mutti’s” long goodbye is no exception.  German electoral politics have finally started to heat up. The first two state elections […]

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America Is (Sort of) Back

In the first foreign-policy speech of his presidency, Joe Biden had a simple message for the world: “America is back.” But restoring the credibility of US diplomacy and implementing an effective foreign policy will be an uphill battle.  To his credit, Biden is taking steps to reverse many of Donald Trump’s most damaging policies. As […]

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India’s Farm Laws Are a Global Problem

Kaushik Basu India’s three new farm laws, enacted in September 2020 with little public or parliamentary debate, have attracted enormous global interest. Prime Minister Narendra Modi’s government described the measures as a gift to farmers, but farmers in several Indian states, led by smallholders in Punjab and Haryana, have refused to accept them. Sustained and […]

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