Nina L. Khrushcheva: Unhappy Birthday, Andrei Sakharov

with George Soros, Chris Patten, Stephen S. Roach, Katharina Pistor, Nina L. Khrushcheva, Paola Subacchi, and more The Sunday Newsletter [View this message in a web browser]( [PS on Sunday]( MAY 29, 2022 This week at [Project Syndicate]( Nouriel Roubini explains why a recession in the next two years is likely; Stephen S. Roach laments the US Federal Reserve’s apparent lack of institutional memory of its past inflation mistakes; Nina L. Khrushcheva highlights the rising risk of nuclear war; and more. Economics & Finance [Don’t Bet on a Soft Landing]( [Nouriel Roubini]( explains why central banks are unlikely to be able to reduce inflation without causing a recession. Economics & Finance [Jerome Powell’s Volcker Deficit]( [Stephen S. Roach]( contrasts the current US Federal Reserve chair’s anti-inflation stance with that of his hawkish 1980s predecessor. [The Fight of Our Lives]( On Point [The Fight of Our Lives]( [George Soros]( frames the war in Ukraine as the latest battle for open-society ideals – one that implicates China as well. Politics & World Affairs [Unhappy Birthday, Andrei Sakharov]( [Nina L. Khrushcheva]( sees Russia's official erasure of the nuclear physicist turned anti-nuclear activist as bad omen. Economics & Finance [How to Engage with China]( [Paola Subacchi]( cautions against efforts to limit multilateral cooperation to countries with shared values and principles. [Did US Biotechnology Help to Create COVID-19?]( On Point [Did US Biotechnology Help to Create COVID-19?]( [Neil L. Harrison]( and [Jeffrey D. Sachs]( call for an investigation into research practices that could have led to the coronavirus's emergence in China. Economics & Finance [Get Ready for Reverse Currency Wars]( [Jeffrey Frankel]( warns that a series of competitive exchange-rate appreciations would hurt poorer economies the most. Politics & World Affairs [How the Public Loses Out When Politicians Cash In]( [Katharina Pistor]( sees former German Chancellor Gerhard Schröder’s conflicted interests as symptomatic of a bigger problem. [Is Taiwan Next?]( The Big Picture [Is Taiwan Next?]( PS commentators assess US policy options in light of growing Chinese pressure on the island. Politics & World Affairs [China’s Cardinal Sins in Hong Kong]( [Chris Patten]( thinks the installation of a hardline chief executive and the arrest of a senior Catholic cleric mark a new low. Politics & World Affairs [The Finlandization of Asia]( [Takatoshi Ito]( hopes that Japan and South Korea maintain a united front with the US to counter pressures from Russia and China. [An Interview with Shlomo Ben-Ami]( Say More [An Interview with Shlomo Ben-Ami]( [Shlomo Ben-Ami]( highlights the lessons China and Iran are drawing from the Ukraine war, considers the wisdom of Finland and Sweden's NATO membership, and more. Politics & World Affairs [The Death of Davos?]( [Carl Bildt]( considers what, if anything, can be salvaged from the global optimism of an earlier era. Politics & World Affairs [Banish Putin, Not Pushkin]( [Ekaterina Kotrikadze]( urges the West not to hold all Russians responsible for their government’s crimes in Ukraine. [Subscribe to PS today for the latest on politics and more.]( 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. This newsletter is a service of [project-syndicate.org](. © Project Syndicate, all rights reserved. [Unsubscribe from this list](