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

“Negotiating Privacy across Arenas – The EU-US ‘Safe Harbor’ Discussions,” in Common Goods: Reinventing European and International Governance – ed. Adrienne Hèritier

Much recent theoretical attention has been devoted to the provision of common goods across arenas. The normal problems of common good provision (Olson 1968; Hardin 1982) are exacerbated when these problems spill across arenas (there are usually no actors capable of imposing hierarchical solutions), but there are also new difficulties. Solutions in one particular arena ...
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Essay

Socialists Will Never Understand Elizabeth Warren (I’d have chosen a different title)

The Democratic candidate is part of a long intellectual tradition that’s gone forgotten in the West: pro-market leftism. Sen. Elizabeth Warren’s politics seem like a tangle of contradictions. She wants free markets, but also wants to tax billionaires’ capital. Her enemies on the right claim that she is a socialist, but Warren describes herself as ...
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