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Harold James

Harold James

Writing for PS since 2001
219 commentaries
2 videos & podcasts

Harold James is Professor of History and International Affairs at Princeton University. A specialist on German economic history and on globalization, he is a co-author of The Euro and The Battle of Ideas, and the author of The Creation and Destruction of Value: The Globalization Cycle, Krupp: A History of the Legendary German FirmMaking the European Monetary Union, The War of Words, and, most recently, Seven Crashes: The Economic Crises That Shaped Globalization (Yale University Press, 2023).

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  1. What’s Driving the Global Gold Rush?
    james217_ Christopher FurlongGetty Images_gold Christopher Furlong/Getty Images

    What’s Driving the Global Gold Rush?

    May 1, 2024 Harold James considers the political factors pushing the price of the “barbarous relic” to all-time highs.

  2. Europe’s High Noon
    james216_Dave Tschorn Dave Tschorn

    Europe’s High Noon

    Mar 26, 2024 Harold James worries that Western political leaders lack the will to take the risky decisions that security demands.

  3. The Financial March to War
    james215_Irina Gutyryak Getty Images_currencies Irina Gutyryak Getty Images

    The Financial March to War

    Feb 27, 2024 Harold James explains how currency wars and speculation could feature in today’s great-power conflicts.

  4. The Politics of Despair
    james214_Sean RayfordGetty Images_trump Sean Rayford/Getty Images

    The Politics of Despair

    Jan 30, 2024 Harold James explores the yawning gap between positive economic developments and dour public sentiment.

  5. A Year of Political Chicken
    james213_ (Photos by Brendan Smialowski and JIM WATSON  AFP) (Photo by BRENDAN SMIALOWSKI,JIM WATSONAFP via Getty Images)_biden trump (Photos by Brendan Smialowski and JIM WATSON / AFP) (Photo by BRENDAN SMIALOWSKI,JIM WATSON/AFP via Getty Images)

    A Year of Political Chicken

    Jan 2, 2024 Harold James considers the US presidential race and its global implications through the lens of game theory.

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  1. vaheesan2_Michael M. SantiagoGetty Images_gigworkersprotest Michael M. Santiago/Getty Images

    The Gig Economy vs. America’s Workers

    Sandeep Vaheesan warns that proposed ballot initiatives in Massachusetts would legalize exploitative employment practices.
  2. sherwin13_CURTIS MEANSPOOLAFP via Getty Images_repubicans trump trial CURTIS MEANS/POOL/AFP via Getty Images

    King Trump on Trial

    Richard K. Sherwin

    High-ranking Republican politicians have lately been turning up at Donald Trump’s New York City trial to demonstrate solidarity with the former president. But their attendance also serves a more alarming purpose: to validate Trump as a competing source of sovereign power, independent of the US Constitution and the rule of law.

    explains why a parade of Republican leaders have made appearances at the former president’s trial in New York.
  3. spence173_ Joe RaedleGetty Images_power Joe Raedle/Getty Images

    Crunch Time for the Power Sector

    Michael Spence argues that developing flexible, stable, and resilient smart grids requires an expanded industrial policy.
  4. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    William H. Janeway

    A growing body of literature focusing on the domain between the microeconomic and the macroeconomic has become increasingly relevant in a world beset by supply shocks. Armed with such insights, those designing industrial policies will have a better chance of achieving their overlapping economic- and national-security goals.

    details how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  5. strain27_Philipp von Ditfurthpicture alliance via Getty Images_AIeducation Philipp von Ditfurth/picture alliance via Getty Images

    What the AI Pessimists Are Missing

    Michael R. Strain points out that the technology will help to address many of the risks it creates.
  6. ito37_Spencer PlattGetty Images_columbiaprotests Spencer Platt/Getty Images

    The Innocent Bystanders of College Protests

    Takatoshi Ito laments that a radical minority can disrupt the lives of so many in the broader university community.
  7. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images

    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.
  8. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images

    Defining Success in Ukraine

    Richard Haass calls for a shift to a defensive posture and efforts to bring about a long-term ceasefire.
  9. aslund75_Pierre CromGetty Images_ukraineconflict Pierre Crom/Getty Images

    A Unified Western Strategy for Ukraine

    Anders Åslund proposes a maximalist approach to military aid to replace the current piecemeal injections of old weapons.

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