Road Runner Populism (Project-Syndicate)

With unemployment down and economic growth up, one of the populists’ strongest arguments is simply to point out that all the warnings by the globalist elite, Davos cosmopolitans, neoliberals, and one-percenters about the dangers of populist economics were baloney. But basic logic dictates that unsustainable economic policies will lose their forward momentum sooner or later.

Harold James is Professor of History and International Affairs at Princeton University and a senior fellow at the Center for International Governance Innovation. A specialist on German economic history and on globalization, he is a co-author of the new book The Euro and The Battle of Ideas, and the author of The Creation and Destruction of Value: The Globalization CycleKrupp: A History of the Legendary German Firm, and Making the European Monetary Union.

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