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.

Other Writing:

Academic Article

Trust and Political Economy: Comparing the Effects of Institutions on Inter-Firm Cooperation

Cooperation between small firms in “industrial districts,” where the production process may be radically dis-integrated, poses an important challenge to current political science theories of trust and cooperation. In this article, the author suggests that the problems posed by these districts—the existence of apparently irrational forms of trust in the political economy and of high-trust ...
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Essay

When Politics Drives Scholarship – with Steve Teles

The publication of Nancy MacLean’s Democracy in Chains, a history of the “public choice” economist James Buchanan and his impact on American politics, has led to an enormous, highly charged debate. But as Marshall Steinbaum correctly noted in this journal, not many people have weighed in who aren’t either Team Public Choice or Team Anti-Buchanan. ...
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