Economics
The U.S.—Decline or Renewal?
Examines areas which have been cited by ‘declinist’ writers as causes of the US economic, and hence national, decline, in particular (1) deficits (2) declining shares (3) ‘systemic’ failures. Highly critical of the arguments propounded by Paul Kennedy, counters that the real source of any nation’s decline — ‘internal stagnation’ — is something from which America is not suffering. Economic or military power are not the only determinants of national power, and so decline cannot be seen against a purely economic background. Concludes that although US predominance in world affairs is not so secure as it was, “the ultimate test of a great power is in its ability to renew its power”. Director, Center for International Affairs, Harvard University.
The End of Free Trade
A Conversation with Robert E. Lighthizer
How to Reindustrialize America
The case for a strategic investment fund.
The New Economic Geography
Who profits in a post-American world?
China’s Moment of Weakness
Economic decay and America’s strategic opening.
America Still Has the Upper Hand Over China
Washington can win if it works with allies.
After the Trade War
Remaking rules from the ruins of the rules-based system.
The Small Suffer What They Must?
Band together or struggle alone in a disordered world.
Equality and American Democracy
The U.S. Founders thought liberty and equality went together, but by the mid-twentieth century, most Americans thought of them as competing values. Thought of properly, they’re not. Redressing inequality today, however, will require bringing politics back in the equation, since political choices set the rules and help determine the outcomes of the economic game.
The Coming Clash Between China and Europe
Why a trade war can’t be avoided.