America Should Think Twice Before Replacing Sanctions with Tariffs – with Abraham Newman

Donald Trump complains that they are undermining the supremacy of the dollar.

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Henry Farrell (and Abraham Newman), “America Should Think Twice Before Replacing Sanctions with Tariffs,” Financial Times, September 19, 2024.

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Academic Article

The New Interdependence Approach: Theoretical Development and Empirical Demonstration – with Abraham Newman

Mainstream approaches to international political economy seek to explain the political transformations that have made more open trade relations possible. They stress how changing coalitions of interest groups within particular states and changing functional needs of states give rise to new international agreements. While these approaches remain valuable, they only imperfectly encompass a new set ...
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Essay

Slaves of Defunct Economists: Why Politicians Pursue Austerity Policies That Never Work

On January 25, the British statistics office announced that the United Kingdom’s economy had shrunk by 0.3 percent in the last quarter of 2012. After enduring two recessions in the last four years, Britain is now well on its way into a third. The pain has been compounded by a succession of austerity budgets, in ...
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