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
Breaking the Path of Institutional Development: Alternatives to the New Determinism in Political Economy
The concept of path dependence is being used in highly deterministic ways in neo-institutionalist analysis, so that studies using this framework have dif.culty in accounting for, or predicting, change. However, the original Polya urn model from which pathdependence theory draws predicts that alternative paths will be possible. It can then be argued that actors will ...
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