The Failure of Institutions

Posted: December 26th, 2009 | Author: | Filed under: Economics, Politics | Tags: , , , , , | 2 Comments »

Another round of reader requests led to the following reflections on 44’s latest moves on two issues near and dear to me: health care and climate. Read the rest of this entry »


International Week

Posted: September 26th, 2009 | Author: | Filed under: Economics, Foreign Policy | Tags: , , , , , , | 4 Comments »

The madness of Qaddafi aside, there was some value to this weeks UN and G20 meetings: they introduced the world to Barack Obama’s foreign policy.

Readers of this blog will know that I am skeptical of 44, because I see him as representing the rise of the liberal-tarian left at the expense of liberal institutionalists like myself. In foreign policy, however, Obama has endorsed the institutionalist path, memorably promising during the campaign that he would negotiate with any and all world leaders instead of taking unilateral action and would engage international institutions to combat international problems like climate change.

I had struggled to reconcile this with his professed love of diffuse power. Now I understand: Obama thinks of governance as consensus building amongst individuals. As a result, his vision of international institutions is much the same as his vision of Congress, as a place we go to engage in banter until we arrive at broad and general consensus, rather than as a place for realpolitik dealmaking around concrete specifics. Read the rest of this entry »