Highly recommend @stephenwertheim's newish book, "Tomorrow, the World."
A close look at how FDR outsourced a lot of postwar planning to private business and think tank leaders, who used racist arguments and discourse policing to remake internationalism. hup.harvard.edu/catalog.php?is…
It helps solve the puzzle of how we glided from a hemispheric and solidaristic orientation of the Good Neighbor policy in the early FDR years to eventually 800 bases globally. nytimes.com/2009/07/14/opi…
Adds to our understanding of the complexity of the Roosevelt administration. The same admin had folks that engaged in extensive economic planning, and folks that sought to make economic planning more difficult after the war. cambridge.org/core/books/gen…
But at least in econ governance there were debates and competing tendencies. From Stephen's telling, the foreign policy "blob" of the day successfully sidelined an earlier generation of internationalists, who outlawed war. ht @oonahathaway@scottjshapiro simonandschuster.com/books/The-Inte…
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One of the best proposals in the current legislative negotiations was Chris Coons' Industrial Finance Corporation - a $500 billion national development bank that could fund decarbonization and reshoring of supply chains. See @yayitsrob here: theatlantic.com/science/archiv…
The proposal would have put the US about even with KfW - the German development bank that @Thomas_Marois has written extensively about.
Though it still would have been only a fraction of China's $2.4 trillion development bank.
The US Innovation and Competition Act, which passed the Senate on a bipartisan basis earlier this month, included the Build America, Buy America Act, which significantly tightens Buy American rules. congress.gov/bill/117th-con…
The congressional findings section makes clear the multifaceted reasons why the spending of tax dollars for procurement purposes is unlike spending by private market actors.
The bipartisan agreed definition of "infrastructure" goes beyond the "roads and bridges" definition some in the GOP have insisted on, and included water and broadband.
Welcome to 21st century foreign investment protection policy. The left doesn't like tools like ISDS, but the beneficiaries of investment protection efforts will increasingly be green industries, which the left likes and wishes to be politically stronger. bloomberg.com/news/articles/…
To be clear, ISDS is not mentioned here. But we know from the last decade of ISDS cases in Europe that a lot of disputes are related to governments making clean energy schemes less generous to producers.
To be even more clear, I count myself as implicated in this particular uncomfortable tension.