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Kaushik Basu

Kaushik Basu

Writing for PS since 2002
101 commentaries

Kaushik Basu, a former chief economist of the World Bank and chief economic adviser to the Government of India, is Professor of Economics at Cornell University and a non-resident senior fellow at the Brookings Institution.

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  1. Globalization vs. Democracy
    basu101_Alfonso Sangiao iStock Getty Images Plus_voting Alfonso Sangiao/iStock / Getty Images Plus

    Globalization vs. Democracy

    Apr 19, 2024 Kaushik Basu highlights the contradictions and vulnerabilities inherent in the current international order.

  2. The Economic Consequences of Legal Behavior
    basu100_David Dee DelgadoGetty Images_newyork David Dee Delgado/Getty Images

    The Economic Consequences of Legal Behavior

    Mar 15, 2024 Kaushik Basu highlights the potential benefits of emphasizing adherence to the spirit of laws, if not their letter.

  3. Economic Possibilities for Our Overworked Grandchildren
    basu99_Spencer PlattGetty Images_tax wealth Spencer Platt/Getty Images

    Economic Possibilities for Our Overworked Grandchildren

    Feb 21, 2024 Kaushik Basu shows how it is possible to redistribute income from the rich to the poor without undermining individual incentives.

  4. Remembering Robert Solow
    basu98_David L. RyanThe Boston Globe via Getty Images_robertsolow David L. Ryan/The Boston Globe via Getty Images

    Remembering Robert Solow

    Jan 15, 2024 Kaushik Basu honors the life and work of the pioneering scholar, who died in late 2023.

  5. The Biggest Threats to Global Economic Stability
    basu97_robertsrobGetty Images_worldeconomy robertsrob/Getty Images

    The Biggest Threats to Global Economic Stability

    Dec 27, 2023 Kaushik Basu highlights the urgency of re-thinking some core assumptions amid debt distress and rapid technological change.

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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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