Henry Farrell

The Twilight of America’s Financial Empire – with Abraham Newman

When Iraqi lawmakers voted to expel U.S. forces from the country earlier this month, the Trump administration’s response was swift and forceful: it refused to withdraw and, for good measure, threatened financial retaliation, saying it would freeze Iraq’s accounts at the U.S. Federal Reserve.

The threat seems to have been effective. Although Iraqi officials still seethe over a U.S. drone strike that killed a top Iranian commander in Baghdad on January 3, Prime Minister Adel Abdul-Mahdi has said that his caretaker government lacks the authority to push for a U.S. withdrawal, and American troops have

Henry Farrell and Abraham Newman, “The Twilight of America’s Financial Empire,” Foreign Affairs (online), January 24, 2020.

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Other Writing:

Academic Article

Introduction: Blogs, Politics and Power – with Daniel W. Drezner

September 27, 2007 Bloggers Blogs Internet
There is good reason to believe that blogs are changing politics, but we don’t know exactly how. Nor do we know whether the normative consequences of blogs for poli- tics are likely to be good or bad. In this special issue, we and our co-authors undertake the first sustained effort to map the empirical and ...
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Chapter in an Edited Volume

“Social Institutions among Economists in the Wake of the Financial Crisis,” in Economy and Society in Europe: A Relationship in Crisis – eds. Luigi Burroni, Maarten Keune and Gugliemo Mardi

May 18, 2012 eds. Luigi Burroni Maarten Keune and Gugliemo Mardi Edward Elgar: 2012
While an economy is always ‘embedded’ in society, the relationship between the two is undergoing profound changes in Europe, resulting in widespread instability which is emphasised by the current crisis. This book analyses these changes, and in particular pressures of intensifying international competition, globalization and financialization within Europe. Henry Farrell, “Social Institutions among Economists in ...
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