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:

Public WritingReview

Review by Paul Krugman, “The American Way of Economic War”

Suppose that a company in Peru wants to do business with a company in Malaysia. It should not be hard for the firms to make a deal. Sending money across national borders is generally straightforward, and so is the international transfer of large quantities of data. But there’s a catch: whether or not the companies ...
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Academic Article

Institutions and Majority Rule in Online Communities – with Melissa Schwartzberg

Norms, Minorities, and Collective Choice Online Much work in political science and political theory, ranging from the arguments of eighteenth-century political theorists, such as Condorcet and Rousseau, to modern social-choice theory, concerns the relationship between decision rules and collective choice. It is emphatically clear that the former have important consequences for the latter. Individuals’ preferences ...
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