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

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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Essay

Hypocrisy Hype (debate) with Michael Cohen and Martha Finnemore

In their essay “The End of Hypocrisy” (November/December 2013), Henry Farrell and Martha Finnemore argue that the biggest threat from leakers of classified information such as Chelsea Manning and Edward Snowden is that “they undermine Washington’s ability to act hypocritically and get away with it.” According to Farrell and Finnemore, the more than 750,000 diplomatic ...
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