Justin Wolfers gave an outstanding talk outlining the value of institutions in creating prosperity. See it here. I wish he was talking about America, and we have a rich history with some of the institutions he talks about–but we do not have a rich present in that regard. American exceptionalism has always been a bit of an illusion. American has exceptional opportunity because of our geographic gifts. Through much of history, we’ve also had quite strong institutions. Especially since the 1970s, there’s been a movement in America to undermine the strength of those institutions, and that movement is now thrashing those institutions. What is an institution? It’s important to note that what Wolfers and I mean by institution is not just a department or organization, but one that is founded in law or longstanding practice, and that it serves a public purpose. I know American institutions have been made out to be mysterious, conspiratorial, elite, or impersonal–but that last description–...
The first problem with Trump’s attack on Iran is that it expands precedent for the President to exercise relatively unlimited foreign policy power. The current Congress should push back for Constitutional reasons but will not for political reasons; the Supreme Court has also shown tremendous deference to MAGA. The first politics is local politics, and the local politics is that it’s bad for America when Presidents initiate armed conflict without Congressional support and based on personal judgment. Trump’s administration was testing a number of justifications with the public through several outlets in the lead-up to this attack. Examples: Iran still wants nuclear weapons (I thought we set them way back), Iran has missiles that can reach Europe (Iran isn’t nearly the threat to Europe that Russia is), Iran is repressive (among many other nations), and others. Ultimately, Trump senses that Iran is relatively weak and he is looking for a win. His administration has no intention of te...