The end of the system of the world - by Noah Smith

noahpinion.substack.com · 3,360 words · saved by 1 readers

A critical point has been reached; decoupling is for real this time.

This is a big-think, “sweeping overview” sort of post. I find myself writing more of these recently, not because there aren’t little interesting news items or econ papers or debates to focus on, but because big things are happening very fast in the world right now, and I want to try and keep track of them. After the end of the Cold War, the United States forged a new world. The driving, animating idea behind this new world was the belief that global trade integration would restrain international conflict. At first this rested on a Fukuyama-type “end of history” theory that political and…

The end of the system of the world - by Noah Smith

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