Harold James is Professor of History and International Affairs at Princeton University and Professor of History at the European University Institute, Florence. A specialist on German economic history and on globalization, he is the author of The Creation and Destruction of Value: The Globalization Cycle, Krupp: A History of the Legendary German Firm, and Making the European Monetary Union.
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Harold James
Commentaries by Harold James
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The New Economy of Fealty
PRINCETON – Since the 2008 financial crisis, most industrial economies have avoided anything like the collapse that occurred during the Grea…
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Margaret Thatcher’s Lessons for Europe
PRINCETON – Margaret Thatcher was much more respected outside Britain than she was in her own country. In the United States, but also in Cen…
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The Dirge of Cyprus
PRINCETON – Europe can choose its own musical accompaniment to its latest crisis. In Berlin, 50 Cent’s “All Things Fall Apart” has just had …
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Why Europe?
PRINCETON – What is the point of Europe? The threat of an explosive disintegration of the eurozone – and with it of the European Union – is …
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Brexit, Voice, and Loyalty
PRINCETON – Albert Hirschman, who died at the end of last year, was a great economist with a gift for producing striking insights by focusin…
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Europe’s Next Great Mistake
PRINCETON – In constructing Europe’s monetary union, political leaders did not think through all of the implications, which led to major des…
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The Debtor Prisoner’s Dilemma
PRINCETON – Any economic slowdown increases debt burdens, whether for households or for states. Today, both are looking for ways to reduce t…
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Europe’s Plan A
FRANKFURT – Europe’s politicians nowadays are desperately looking for someone to blame for the euro crisis. Germany blames France, and vice …
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Why is Obama Winning?
PRINCETON – James Carville, Bill Clinton’s chief campaign strategist in 1992, famously expressed a bit of established insider wisdom about w…
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Ping-Pong and Political Economy
PRINCETON – For the last century, economic-policy debate has been locked in orbit around the respective roles and virtues of the state and t…
The New Economy of Fealty
james durante: James gets a few things exactly right: rising income and wealth inequality continue unabated. For everyone below the 70th percentile of income (roughly) this means trouble, the more you project outwar…
The New Economy of Fealty
John Nick: The malaise = no economic rebound, rising inequality Economic and social relations are shaped on a master - servant model. Let's be clear, this goes beyond the services economy, it's about personal s…