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
This Is How Trump Will Smash the Machine of U.S. Economic Power
Economic security officials worked across administrations, gradually developing grand ambitions of a global order founded on financial sanctions, export controls and development of crucial technologies. Each new administration built up the economic weapons it inherited from the last and encouraged its successors to keep building the structures of American economic power. We are about to ...
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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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