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Jonathan Levy

Jonathan Levy

5 commentaries

Jonathan Levy, Professor of History at Sciences Po, is the author of Ages of American Capitalism: A History of the United States (Random House, 2021) and The Real Economy: History and Theory (Princeton University Press, 2025).

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  1. The Opacity of Hope
    op_jilevy4_Robert Daemmrich Photography IncCorbis via Getty Images_obamahope Robert Daemmrich Photography Inc/Corbis via Getty Images

    The Opacity of Hope

    Feb 28, 2025 Jonathan Levy reflects on how the politics promoted by America’s first Black president gave rise to its first felonious one.

  2. The Evolution of Modern Political Power
    op_jilevy3_ Dirck HalsteadGetty Images_clinton1 Dirck Halstead/Getty Images

    The Evolution of Modern Political Power

    Oct 27, 2023 Jonathan Levy traces the complicated interplay between states, global capital, and civil society over the past century.

  3. The Pitfalls of Dollar Hegemony
    op_jlevy2_Maryna TerletskaGetty Images_dollars Maryna Terletska/Getty Images

    The Pitfalls of Dollar Hegemony

    Apr 14, 2023 Jonathan Levy shows why no modern national economy, least of all the United States, can be understood in isolation.

  4. Big Tech Gets Derailed
    jlevy2_Geo. P. Hall & SonThe New York Historical SocietyGetty Images_railroad Geo. P. Hall & Son/The New York Historical Society/Getty Images

    Big Tech Gets Derailed

    Nov 24, 2022 Jonathan Levy traces the origins of the sector's recent turmoil to the nineteenth-century rise of the corporation.

  5. The Adventures of Money
    op_jlevy1_JOHANNES EISELEAFP via Getty Images_chinacoins Johannes Eisele/AFP via Getty Images

    The Adventures of Money

    Jul 15, 2022 Jonathan Levy reviews two recent books on the “deep past” of one of humanity’s most important institutions.

  1. hamada69_The Washington PostGettyImages_trump_speech The Washington Post/Getty Images

    Countering Trump’s Politics of Fear

    Koichi Hamada calls for a new set of policies that responds to, rather than dismisses, US voters’ legitimate fears.
  2. galen5_Andrew HarnikGetty Images_trumpcongress Andrew Harnik/Getty Images

    Where Are the Democrats?

    Reed Galen lambasts the party for sitting by and watching America implode, in the misguided hope of winning the midterms.
  3. moyo34_Spencer PlattGetty Images_NYSE Spencer Platt/Getty Images

    Signs of a US Recession

    Dambisa Moyo catalogues several indicators suggesting that the world's largest economy is headed for a slump.
  4. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images

    Trump’s Trade War

    Less than two months into his second presidency, Donald Trump has imposed sweeping tariffs on America’s three largest trading partners, with much more to come. This strategy not only lacks any credible theoretical foundations; it is putting the US on a path toward irrevocable economic and geopolitical decline.

  5. ruf1_MANAURE QUINTEROAFP via Getty Images_data center Manaure Quintero/AFP via Getty Images

    Why Frugal AI Alone Won’t Fix AI’s Energy Problem

    Boris Ruf explains why shifting the responsibility for reducing AI’s carbon footprint to end users is counterproductive.
  6. GettyImages-2176801438 TANG CHHIN SOTHY/AFP via Getty Images

    The Global South’s Path to Economic Resilience

    Anwar Ibrahim

    Today's profound global uncertainty is not some accident of history or consequence of values-free technologies. Rather, it reflects the will of rival great powers that continue to ignore the seminal economic and social changes underway in other parts of the world.

    explains how Malaysia and other middle powers are navigating increasingly uncertain geopolitical terrain.
  7. buchholz23_UCGGettyImages_ozempic_wegovy UCG/Getty Images

    America’s “HIP” Economy

    Todd G. Buchholz sees developments and breakthroughs in health, information, and power as grounds for optimism.
  8. velasco157_Robert GauthierLos Angeles Times via Getty Images_USborder Robert Gauthier/Los Angeles Times via Getty Images

    Where Have All the Flowers Gone?

    Andrés Velasco reflects on the tragic fate of the country that took him in as a teenage refugee from Augusto Pinochet's Chile.
  9. chellaney185_Charly TriballeauGettyImages_unga_russia_ukraine_vote Charly Triballeau/Getty Images

    The Global Divide Over the Ukraine War

    Brahma Chellaney urges all parties to adopt a realistic approach to a deadlocked conflict and negotiate accordingly.

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