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:

Essay

Large Language Models Will Upend Human Rituals – with Marion Fourcade

ARTHUR C. CLARKE wrote a story in which the entire universe was created so that monks could ritually write out the nine billion names of God. The monks buy a computer to do this faster and better, with unfortunate consequences for the rest of us. The story’s last sentence: “Overhead, without any fuss, the stars ...
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Academic Article

Codecision and Institutional Change

This article examines the sources and processes of institutional change in one important aspect of EU politics – the legislative procedure of codecision – and shows how interstitial change of institutions that emerges between formal Treaty revisions and under specific conditions may be formalised in subsequent formal Treaty reforms. We develop two related models of ...
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