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Katharina Pistor

Katharina Pistor

Writing for PS since 2000
34 commentaries

Katharina Pistor, Professor of Comparative Law at Columbia Law School, is the author of The Code of Capital: How the Law Creates Wealth and Inequality (Princeton University Press, 2019).

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  1. Will Boeing Crash Shareholder Value?
    pistor34_NTSB via Getty Images_boeing NTSB via Getty Images

    Will Boeing Crash Shareholder Value?

    Apr 10, 2024 Katharina Pistor sees the troubled company as a textbook example of a broader problem afflicting corporate governance.

  2. Elon Musk and the Absolutist Revival
    pistor33-napoleon musk

    Elon Musk and the Absolutist Revival

    Feb 13, 2024 Katharina Pistor laments the modern cult of the CEO, which allows corporate leaders to pick and choose their own laws.

  3. Katharina Pistor on financial risk, wealth creation, digital currencies, and more
    basu50_sasun1990GettyImages_businessmanbooksmoney sasun1990/Getty Images

    Katharina Pistor on financial risk, wealth creation, digital currencies, and more

    Jan 23, 2024 Katharina Pistor highlights the government’s role in perpetuating financial-sector fragility, urges stronger enforcement of legal accountability for political leaders, explains why trading nature derivatives should not be confused with protecting nature, and more.

  4. In AI, Capital Wins Again
    pistor30_Justin SullivanGetty Images_sam altman Justin Sullivan/Getty Images

    In AI, Capital Wins Again

    Nov 28, 2023 Katharina Pistor shows why OpenAI’s efforts to preserve its founding non-profit mission never stood any chance.

  5. How Finance Became the Problem
    pistor29_Selcuk1Getty Images_money Selcuk1/Getty Images

    How Finance Became the Problem

    Oct 5, 2023 Katharina Pistor catalogues the high costs of transforming almost every political challenge into a priceable asset.

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  1. vaheesan2_Michael M. SantiagoGetty Images_gigworkersprotest Michael M. Santiago/Getty Images
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    The Gig Economy vs. America’s Workers

    Sandeep Vaheesan warns that proposed ballot initiatives in Massachusetts would legalize exploitative employment practices.
  2. sherwin13_CURTIS MEANSPOOLAFP via Getty Images_repubicans trump trial CURTIS MEANS/POOL/AFP via Getty Images
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    King Trump on Trial

    Richard K. Sherwin

    High-ranking Republican politicians have lately been turning up at Donald Trump’s New York City trial to demonstrate solidarity with the former president. But their attendance also serves a more alarming purpose: to validate Trump as a competing source of sovereign power, independent of the US Constitution and the rule of law.

     explains why a parade of Republican leaders have made appearances at the former president’s trial in New York.
  3. spence173_ Joe RaedleGetty Images_power Joe Raedle/Getty Images
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    Crunch Time for the Power Sector

    Michael Spence argues that developing flexible, stable, and resilient smart grids requires an expanded industrial policy.
  4. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images
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    The Rise of Mesoeconomics

    William H. Janeway

    A growing body of literature focusing on the domain between the microeconomic and the macroeconomic has become increasingly relevant in a world beset by supply shocks. Armed with such insights, those designing industrial policies will have a better chance of achieving their overlapping economic- and national-security goals.

     details how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  5. strain27_Philipp von Ditfurthpicture alliance via Getty Images_AIeducation Philipp von Ditfurth/picture alliance via Getty Images
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    What the AI Pessimists Are Missing

    Michael R. Strain points out that the technology will help to address many of the risks it creates.
  6. ito37_Spencer PlattGetty Images_columbiaprotests Spencer Platt/Getty Images
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    The Innocent Bystanders of College Protests

    Takatoshi Ito laments that a radical minority can disrupt the lives of so many in the broader university community.
  7. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images
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    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.
  8. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images
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    Defining Success in Ukraine

    Richard Haass calls for a shift to a defensive posture and efforts to bring about a long-term ceasefire.
  9. aslund75_Pierre CromGetty Images_ukraineconflict Pierre Crom/Getty Images
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    A Unified Western Strategy for Ukraine

    Anders Åslund proposes a maximalist approach to military aid to replace the current piecemeal injections of old weapons.

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