American Political Economy, Disrupted – PS On Point

 [View this message in a web browser]( [PS On Point]( PS On Point Weekly Newsletter Throughout American history, the state has worked in alignment with private actors and markets to drive technological progress. But in the digital era, firms on the technology frontier are increasingly calling the shots. LONG READ FRIDAY, AUGUST 31, 2018 [American Political Economy, Disrupted]( American Political Economy, Disrupted By William Janeway With the help of markets and the state, technological innovations such as electrification and the steam engine have periodically transformed the economic system from which they emerged. But never before has a technological revolution defined the entirety of economic, political, and social life – until now. [Read More]( [Subscribe Now]( THE BIG PICTURE The Big Picture brings together 4-5 Project Syndicate commentaries on topics in the news - and on the deeper issues driving the news. [The Icarus Economy]( The Icarus Economy Come July 2019, the US economy will have undergone the longest recovery in its history. But there is reason to think that it may already be running on fumes. [Read More]( PREVIOUSLY IN PS ON POINT [Drugs, Gunboats, and China's Score to Settle]( Drugs, Gunboats, and China’s Score to Settle By Minxin Pei China’s decline from a self-absorbed great empire to an abject victim of global powers was one of the swiftest and most psychologically devastating in history, and it remains a driving force behind the country's modernization. And all of it began with the Opium War. [Read More]( This newsletter is a service of [Project Syndicate](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from this list](.