Donald Trump complains that they are undermining the supremacy of the dollar.
Henry Farrell (and Abraham Newman), “America Should Think Twice Before Replacing Sanctions with Tariffs,” Financial Times, September 19, 2024.
America Should Think Twice Before Replacing Sanctions with Tariffs – with Abraham Newman
Other Writing:
Academic Article
Trust and Political Economy: Comparing the Effects of Institutions on Inter-Firm Cooperation
Cooperation between small firms in “industrial districts,” where the production process may be radically dis-integrated, poses an important challenge to current political science theories of trust and cooperation. In this article, the author suggests that the problems posed by these districts—the existence of apparently irrational forms of trust in the political economy and of high-trust ...
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Essay
Tornado Cash Is Not Free Speech. It’s a Golem – with Bruce Schneier
In August, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the cryptocurrency platform Tornado Cash, a virtual currency “mixer” designed to make it harder to trace cryptocurrency transactions—and a worldwide favorite money-laundering platform. Americans are now forbidden from using it. According to the U.S. government, Tornado Cash was sanctioned because it allegedly laundered ...
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