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:
Essay
Can the European Union Be Saved? with John Quiggin
Europe is on the brink of disaster—again. The possibility of a Greek default sent the markets roiling on Tuesday. And despite more than $2 trillion doled out to troubled nations such as Greece and Portugal, Europe’s leaders are once again meeting behind closed doors, trying to find a way to stanch the bleeding. It won’t ...
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Academic Article
Trust, Institutions and Institutional Evolution: Industrial Districts and the Social Capital Hypothesis – with Jack Knight
Much current work in the social sciences seeks to understand the effects of trust and social capital on economic and political outcomes. However, the sources of trust remain unclear. In this article, the authors articulate a basic theory of the relationship between institutions and trust. The authors apply this theory to industrial districts, geographically concentrated ...
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