Tag Archives: Syndicate

Joe Biden on an official visit to China in 2013. Getty Images NEW DELHI, India (Project Syndicate)—Once President-elect Joe Biden’s administration has made the relatively easy decisions to rejoin the Paris climate agreement, remain in the World Health Organization, and attempt to reboot the World Trade Organization, it will confront …

Roman Pilipey/Shutterstock HONG KONG ( Project Syndicate) – In 1960, the Nobel laureate economist Ronald H. Coase introduced the “problem of social cost”: human activities often have negative externalities, so individual rights cannot be absolute. Institutions must intervene. There is no better example of this dynamic than the COVID-19 crisis. While virtually …