This Is How Trump Will Smash the Machine of U.S. Economic Power

Economic security officials worked across administrations, gradually developing grand ambitions of a global order founded on financial sanctions, export controls and development of crucial technologies. Each new administration built up the economic weapons it inherited from the last and encouraged its successors to keep building the structures of American economic power. We are about to find out what happens when those structures are controlled by a disruptive administration — and what happens when that administration inherits the weapons without the accompanying sense of responsibility.

Read the full article in the New York Times.

Other Writing:

Essay

Crypto is a threat to the US Financial System

With Dan Davies – for the New York Times This has been a good week for America’s crypto interests. The Genius Act, which legitimates a kind of cryptocurrency called stablecoins, advanced in the Senate, and on Thursday, President Trump held a gala dinner for the top 220 holders of his $Trump memecoin. That doesn’t mean ...
Read Article
Chapter in an Edited Volume

“The Shared Challenges of Institutional Theories: Rational Choice,” in Historical Institutionalism, and Sociological Institutionalism, Knowledge and Institutions – eds. Johannes Glückler, Roy Suddaby and Regina Lenz

Scholarship on institutions across the social sciences faces a set of fundamental dilemmas. On the one hand, it needs to explain how institutions change. Yet explanations of change which point to external factors run the risk of reducing institutions to a mere transmission belt for other, more fundamental causes. On the other, it needs to ...
Read Article