Brexit, Voice and Loyalty: Rethinking Electoral Politics in an Age of Interdependence – with Abraham Newman

In the wake of the United Kingdom’s decision to leave the European Union, known as Brexit, scholars of international affairs have a chance to reflect on what this unanticipated event means for global politics. Many scholars have started applying standard political economy models based on the distributional consequences of trade or the sociotropic sources of individual policy positions to understand voter preferences. In this essay, we move the conversation using the lever of the New Interdependence Approach to reflect on the referendum process more generally. Rather than viewing globalization largely as an exogenous shock that is filtered through national institutions and cleavages, we argue that it has the potential to alter the political issue space as well as the institutional opportunities available to political actors. In conclusion, we push scholars of both comparative politics and international relations to develop a research agenda for electoral politics in an age of interdependence.

Henry Farrell and Abraham Newman (2017), “Brexit, Voice and Loyalty: Rethinking Electoral Politics in an Age of Interdependence,” Review of International Political Economy24,2:232-247.

Other Writing:

Essay

How to Save the Euro – and the EU: Reading Keynes in Brussels with John Quiggin

John Quiggin and I have a “piece”:http://www.foreignaffairs.com/articles/67761/henry-farrell-and-john-quiggin/how-to-save-the-euro-and-the-eu on the eurozone mess in the new issue of _Foreign Affairs._ The piece is subscriber-only, but we’re allowed to post it (in Web format) for six months or so on a personal or institutional website. Accordingly, the piece can be found below the fold. The piece was finished ...
Read Article
Essay

Crypto is a threat to the US Financial System

With Dan Davies – for the New York Times This has been a good week for America’s crypto interests. The Genius Act, which legitimates a kind of cryptocurrency called stablecoins, advanced in the Senate, and on Thursday, President Trump held a gala dinner for the top 220 holders of his $Trump memecoin. That doesn’t mean ...
Read Article