What Happened to American Exceptionalism?

Barron’s 6-9-25

American exceptionalism may not be dead yet, but our democratic principles and Constitution are under assault (“U.S. Market Dominance Is On Pause. It Will Roar Back,” Other Voices, May 29). There’s plenty of research on the decline of sustainable economic growth in autocratic regimes. Massachusetts Institute of Technology economist Daron Acemoglu won a Nobel Prize for his research on the superior growth of “inclusive” (more democratic) versus autocratic (exploitative) governments. American exceptionalism may suffer from more than a “prolonged period of U.S. underperformance” under a president who has demonstrated little regard for our democratic institutions.

Harlan Green

Santa Barbara, Calif.

Harlan Green © 2025

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About Popular Economics Weekly

Harlan Green is editor/publisher of PopularEconomics.com, and content provider of 3 weekly columns to various blogs--Popular Economics Weekly, Financial FAQs and the Mortgage Corner.
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