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:

Essay

The Irish Question: The Consequences of Brexit

June 28, 2016 Foreign Affairs (website)
The United Kingdom’s historic decision to leave the EU has stunned Brussels and sent shock waves through Europe. The Scottish government has threatened to hold a second referendum on independence, jeopardizing the kingdom’s unity. And in Ireland, the vote threatens to derail a fragile peace process and undermine a recent economic recovery. Over the past ...
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Academic Article

The Janus Face of the Liberal International Information Order: When Global Institutions are Self-Undermining – with Abraham Newman

February 9, 2021 International Organization Vol 75 with Abraham Newman
Henry Farrell and Abraham Newman (2021), “The Janus Face of the Liberal International Information Order: When Global Institutions are Self-Undermining,” International Organization Vol 75, No.2:333-58 (75th anniversary special issue). Scholars and policymakers long believed that norms of global information openness and private-sector governance helped to sustain and promote liberalism. These norms are being increasingly contested ...
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