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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. patten165_Anastasia VlasovaGetty Images_ukraine war Anastasia Vlasova/Getty Images
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    The West Must Not Let Putin Win

    Chris Patten implores the US and Europe to continue supporting Ukraine’s fight for freedom with weapons and aid.
  2. frankel159_ADEK BERRYAFP via Getty Images_indonesia currency ADEK BERRY/AFP via Getty Images
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    The Election-Devaluation Cycle

    Jeffrey Frankel revisits the idea that emerging and developing economies are likely to prop up their currencies before a vote.
  3. sherwin12_MANDEL NGANAFP via Getty Images_trumpsupremecourt Mandel Ngan/AFP via Getty Images
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    Trump’s Enablers on the Supreme Court

    Richard K. Sherwin

    Former US President Donald Trump's claim of absolute immunity from prosecution for "official acts" while he was in the White House is breathtaking in scope, as it could include ordering assassinations and coups. While the Supreme Court may not uphold Trump's expansive claim, its ruling will almost certainly give Trump what he wants.

     thinks the majority's support for broad immunity for former presidents rests on a dangerous premise.
  4. elerian167_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images
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    Navigating Major Transitions in an Uncertain Economy

    Mohamed A. El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure.
  5. brosda1_Matt CardyGetty Images_social media news Matt Cardy/Getty Images
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    Must Democratizing the Media Be Bad for Democracy?

    Carsten Brosda proposes a strategy to defend the digital public square against manipulation and algorithmic distortion.
  6. mazzucato66_Soumyabrata RoyNurPhoto via Getty Images_IndiaUPI Soumyabrata Roy/NurPhoto via Getty Images
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    Central Banks in a Cashless World

    Mariana Mazzucato & David Eaves

    With cashless transactions rapidly replacing physical cash, central banks have an opportunity to serve the public interest by providing or shaping the infrastructure on which digital-payment systems are built. But to do so effectively, they will have to abandon outdated assumptions and re-imagine their own roles.

     explain why policymakers should become more involved in shaping or creating digital-payments infrastructure.
  7. nsofor9_ Zhu Huanan CFOTOFuture Publishing via Getty Images_hpv vaccine Zhu Huanan / CFOTO/Future Publishing via Getty Images
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    Governments Must Step Up to Prevent Cervical Cancer

    Ifeanyi M. Nsofor urges policymakers worldwide to commit to administering the HPV vaccine as widely as possible.
  8. op_ghilarducci1_Jeffrey GreenbergUniversal Images Group via Getty Images_USelderlyworker Jeffrey Greenberg/Universal Images Group via Getty Images
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    The Perils of Retirement in America

    Teresa Ghilarducci proposes a Grey New Deal that would boost economic security for all US workers in old age.
  9. nishtar8_AMAURY HAUCHARDAFP via Getty Images_africavaccine Amaury Hauchard/AFP via Getty Images
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    Fifty Years of Immunization Success Call for 50 More

    Sania Nishtar touts the remarkable results of global collaboration on routine vaccination and foresees continued progress.

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