James Livingston for PS Global Bookmark: The Sense of an Ending

Can the US Rein in Big Tech? Anu Bradford, Mariana Mazzucato, Tim O’Reilly, Ilan Strauss, and Tommaso Valletti weigh in for PS Big Question. [View this message in a web browser]( [PS On Point]( MARCH 10, 2023 The question confronting today’s intellectuals, writes Rutgers University's James Livingston, is the same one James Madison faced in the spring of 1786, when he was reckoning with both the success and probable demise of the American Revolution. How can the rights of persons and the rights of property be reconciled? [Read more](. [PS Global Bookmark: The Sense of an Ending]( [The Sense of an Ending]( By James Livingston Three recent books combine theoretical sophistication and historical method in ways that enable us to rethink majority rule and thus re-imagine the future of democracy. And the most searching of the three calls into question whether that future is compatible with capitalism as we have come to know it. [Read more]( [PS. Subscribe to PS Premium now to secure your copy of PS Quarterly: Paradigm Shifts.]( [PS Big Question: Can the US Rein in Big Tech?]( [Can the US Rein in Big Tech?]( with Anu Bradford; Tim O’Reilly, Ilan Straus, and Mariana Mazzucato; and Tommaso Valletti While the European Union has gradually tightened the screws on tech giants, America’s regulatory bark has so far been bigger than its bite. With Big Tech’s competition-crushing market power continuing to grow, we asked PS commentators why the US continues to lag, and what it would take to make real progress. [Read more]( [PS Say More: William H. Janeway on state-sponsored innovation, greentech, asset bubbles, and more]( [William H. Janeway on state-sponsored innovation, greentech, asset bubbles, and more]( William H. Janeway proposes a better approach to innovation-boosting state procurement, explains why financial speculation is vital to technological progress, highlights three recent developments that could transform capitalism, and more. Janeway is a special limited partner at the private-equity firm Warburg Pincus and an affiliated lecturer in economics at the University of Cambridge. [Read more]( [PS Longer Reads: Rethinking Debt Sustainability in Africa]( [Rethinking Debt Sustainability in Africa]( By Célestin Monga To develop a proper understanding of the risks facing indebted African countries, international financial institutions must overhaul their own methods for assessing debt sustainability. Rather than setting arbitrary limits on a country’s debt-to-GDP ratio, the focus must shift to how debt is being used. [Read more]( [PS. Register now for our next event, What Economics Is Missing.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.