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:
Public WritingReview
Review by Paul Krugman, “The American Way of Economic War”
Suppose that a company in Peru wants to do business with a company in Malaysia. It should not be hard for the firms to make a deal. Sending money across national borders is generally straightforward, and so is the international transfer of large quantities of data. But there’s a catch: whether or not the companies ...
Read Article
Essay
The Tech Intellectuals
A quarter of a century ago, Russell Jacoby lamented the demise of the public intellectual. The cause of death was an improvement in material conditions. Public intellectuals—Dwight Macdonald, I.F. Stone, and their like—once had little choice but to be independent. They had difficulty getting permanent well-paying jobs. However, as universities began to expand, they offered ...
Read Article