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:

Essay

The Invisible Transformation of the Co-decision Procedure: Problems of Democratic Legitimacy. – with Adrienne Hèritier

The relationship between Council and Parliament within the codecision procedure involves a plethora of informal and semi-formal meetings in which many of the real decisions about legislation are taken, with little scope for public oversight. In the light of the current debate on the future of European Union, the report will address the question what ...
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Chapter in an Edited Volume

Weaponized Interdependence and Networked Coercion: A Research Agenda – with Abraham Newman

Henry Farrell and Abraham Newman, “Weaponized Interdependence and Networked Coercion: A Research Agenda,” The Uses and Abuses of Weaponized Interdependence, eds. Daniel Drezner, Henry Farrell and Abraham Newman (Brookings Institution 2021). In May 2018, Donald Trump announced that the United States was pulling out of the Joint Comprehensive Plan of Action agreement on Iran’s nuclear ...
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