Economic Nationalism Masquerading as Statecraft

Economic nationalism is bad for workers, bad for the environment, and bad for geopolitics.

I write a lot—more than I’d like—about political economy in the global context. One of the emergent themes of late has been my tortured relationship to industrial policy and the Biden administration’s semi-coherent economic statecraft.

Biden has kept all the Trump-era tariffs in place, even though, not long ago, this is what he had to say about them: