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:

Academic Article

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 ...
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Essay

Canada Needs to Start Preparing for Trump – and Getting Other Allies Involved – with Abraham Newman

If Donald Trump wins the presidential elections in November, even Canadians could be blocked from their bank accounts. In our recent book… Henry Farrell and Abraham Newman, “Canada Needs to Start Preparing for Trump – and Getting Other Allies Involved,” Toronto Globe and Mail, March 2, 2024. Access the full article here.
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