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:

Academic Article

Consensus, Dissensus and Economic Ideas: Economic Crisis and the Rise and Fall of Keynesianism – with John Quiggin

Henry Farrell and John Quiggin (2017), “Consensus, Dissensus and Economic Ideas: Economic Crisis and the Rise and Fall of Keynesianism,” International Studies Quarterly,61,1:269-283. Subsequent subject of an ISQ Symposium, featuring Paul Krugman, Elizabeth Berman, Stephen Nelson and Andrew Baker, with a response from the authors. During the recent economic crisis, Keynesian ideas about fiscal stimulus briefly seemed ...
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Essay

The New Libertarian Elitists – with Hugo Mercier and Melissa Schwartzberg

What’s behind the dangerous new notion that democracy should be left to the well-educated. It’s been a rough ten years for democracy. It isn’t just that Donald Trump was elected against the wishes of the majority of American voters, and that he then tried to overturn an election that he lost. Nor is it even ...
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