Globalized Green Lanternism

American political commentators have frequently called for the U.S. president to take effective action to improve world economic growth. Such calls are a form of what Matthew Yglesias has dubbed “Green Lanternism”—the unspoken theory that the U.S. president’s ability to affect outcomes is primarily affected by his willpower. In this article, I examine the opposite—and more plausible causal relationship—that the power of the U.S. president is shaped by the underlying secular determinant of world economic growth. I go on to examine how we might expect U.S. power and interests in building up a multilateral trading order could largely wither away under conditions of enduring weak economic growth, which some economists have argued is in fact the most plausible long-run growth path for the world economy.

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Other Writing:

Chapter in an Edited Volume

“Weaponized Interdependence and Networked Coercion: A Research Agenda,” in The Uses and Abuses of Weaponized Interdependence – with Abraham Newman – eds. Daniel Drezner, Henry Farrell and Abraham Newman

When we initially wrote our article on weaponized interdependence, we hoped that it would help people think more clearly about how economic coercion was changing. We did not anticipate either the reception that the argument has gotten or how dramatically the changes that we wanted to understand would accelerate, thanks to factors including the deterioration ...
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Essay

Bubble Trouble

In a 2009 book about the social consequences of the Internet, The Age of the Infovore, the economist and blogger Tyler Cowen argues that new technologies enable us to decide what information to consume and, as a result, to remake ourselves. Instead of reading the same newspaper or watching the same television news, we can ...
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