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

The Dangers of Moving All of Democracy Online with Marion Fourcade

Governments around the world are struggling to deal with the public health and economic challenges of coronavirus. While many have pointed to how authoritarian regimes exacerbated the pandemic, we’ve so far paid dangerously little attention to coronavirus’s challenge to democracy. Access the full article here.
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Essay

What Makes Trump’s Subversion Efforts So Alarming? His Collaborators – with Bruce Schneier

Last Thursday, Rudy Giuliani, a Trump campaign lawyer, alleged a widespread voting conspiracy involving Venezuela, Cuba and China. Another lawyer, Sidney Powell, argued that Mr. Trump won in a landslide, the entire election in swing states should be overturned and the legislatures should make sure that the electors are selected for the president. The Republican ...
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