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

Privatization as State Transformation

Privatization is an ambiguous term covering many loosely related phenomena. In this essay, I focus on one specific aspect of privatization-the privatization of governance. This sidesteps arguments about the presumed efficiency gains of, e.g., turning state-owned entities into for-profit corporations, and highlights the political consequences of privatization-how it takes decisions which had once been within ...
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Interview

Interview with Sean Carroll on “Democracy as a Problem-Solving Mechanism”, Mindscape

Sean Carroll’s Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas, Episode 148 | Henry Farrell on Democracy as a Problem-Solving Mechanism Democracy posits the radical idea that political power and legitimacy should ultimately be found in all of the people, rather than a small group of experts or for that matter arbitrarily-chosen hereditary dynasties. Nevertheless, ...
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