The Double Threat To Liberal Democracy
The crisis of liberal democracy is roundly decried today. Donald Trump’s presidency, the Brexit vote in the United Kingdom, and the electoral rise of other
Dani Rodrik
In Defence Of Economic Populism
Populists abhor restraints on the political executive. Since they claim to represent “the people” writ large, they regard limits on their exercise of power as
Does Europe Really Need Fiscal And Political Union?
Greece’s combative former finance minister, Yanis Varoufakis, and his nemesis, former German finance minister Wolfgang Schäuble, were at loggerheads on Greek debt throughout Varoufakis’s term
Rescuing Economics From Neoliberalism
As even its harshest critics concede, neoliberalism is hard to pin down. In broad terms, it denotes a preference for markets over government, economic incentives
Macron’s Labour Gambit
At the end of August, French president Emmanuel Macron unveiled the labour-market overhaul that will make or break his presidency – and may well determine
Can Macron Pull It Off?
Emmanuel Macron’s victory over Marine Le Pen was much-needed good news for anyone who favors open, liberal democratic societies over their nativist, xenophobic counterparts. But
How Much Europe Can Europe Take?
This month the European Union will celebrate the 60th anniversary of its founding treaty, the Treaty of Rome, which established the European Economic Community. There
Global Citizens, National Shirkers
Last October, British Prime Minister Theresa May shocked many when she disparaged the idea of global citizenship. “If you believe you’re a citizen of the
Don’t Cry Over Dead Trade Agreements
The seven decades since the end of World War II were an era of trade agreements. The world’s major economies were in a perpetual state
The Wallonia Mouse And ‘Undemocratic’ Trade Deals
It appears Belgium’s Wallonia has put a nail in the coffin of the EU-Canada trade agreement (CETA) by vetoing it. The reasons, The Economist puts
No Time For Trade Fundamentalism
“One of the crucial challenges” of our era “is to maintain an open and expanding international trade system.” Unfortunately, “the liberal principles” of the world
The Popular Revolt Against Globalization And The Abdication Of The Left
As the world reels from the Brexit shock, it is dawning on economists and policymakers that they severely underestimated the political fragility of the current
Innovation Is Not Enough
We seem to be living in an accelerated age of revolutionary technological breakthroughs. Barely a day passes without the announcement of some major new development
Brexit and the Globalization Trilemma
I have not written much on Brexit because I do not have a strong or particularly well-informed view of it. My personal hope is that
A Progressive Logic Of Trade
The global trade regime has never been very popular in the United States. Neither the World Trade Organization nor the multitudes of regional trade deals