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

Google and the Dread Pirate Roberts Strategy

Using The Princess Bride to explain Google’s corporate policies: A blogpost that I wrote elsewhere, complaining about Google, has led to a disagreement between Kevin Drum and Matt Yglesias. Drum Just out of curiosity, did anyone ever really believe that “don’t be evil” stuff? I mean, Google’s a big corporation. They’ve been a big public ...
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Essay

This Year’s Economics Nobel winner Invented a Tool That’s Both Brilliant and Undemocratic

Richard Thaler, of the University of Chicago, just won the Nobel Memorial Prize in economics for his contribution to behavioral economics — the subfield known for exploring how psychological biases cause people to act in ways that diverge from pure rational self-interest. Policymakers are more likely to know him for a different reason. Together with ...
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