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.

Access the full article here.

Other Writing:

Essay

Weaponized Globalization: Huawei and the Emerging Battle over 5G Networks – with Abraham Newman

The US and China are engaged in a bitter fight over Huawei, the Chinese telecommunications giant. The US has blocked Huawei from its markets and is restricting its access to US technologies and suppliers that have helped it become one of the great world companies. China has responded by threatening to introduce measures against US ...
Read Article
Academic Article

Constructing the International Foundations of E-Commerce: The EU-US Safe Harbor Arrangement

Much recent international relations scholarship has argued that states are unable to control e-commerce, so that private actors are coming to play a dominant role. However, this body of literature fails to account for emerging “hybrid institutions,” in which states create general frameworks of rules, which are then implemented by private actors. This article examines ...
Read Article