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.

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Essay

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In August, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the cryptocurrency platform Tornado Cash, a virtual currency “mixer” designed to make it harder to trace cryptocurrency transactions—and a worldwide favorite money-laundering platform. Americans are now forbidden from using it. According to the U.S. government, Tornado Cash was sanctioned because it allegedly laundered ...
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Essay

Count the Costs of Cutting Technological Ties with China

The result of all this is that policy discourse about the United States, China,and technology has careened from one pathology to another: The cheeryglobalism of a decade ago has given way to today’s diffuse paranoia. Nowthe national security conversation is almost exclusively focused on theimpossible task of severing the ties of technological interdependence,with the only ...
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