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Tyler Cowen: ‘Buying’ Greenland Is Not an Option
My vision is that someday the world’s largest island will hold a status roughly comparable to that of Puerto Rico. (Joe Raedle via Getty Images)
Greenlanders will prosper under U.S. rule, but they need to be persuaded, not threatened.
By Tyler Cowen
01.08.26 — Tyler Cowen Must Know
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After catching President Donald Trump’s eye in his first term, Greenland has reemerged as a prospect for U.S. acquisition. Secretary of State Marco Rubio has told lawmakers that the U.S. seeks to buy the island, Trump asserts that we need it for defense reasons, and White House adviser Stephen Miller insists that Greenland should “obviously” be part of the United States.

Overall, I am becoming more nervous rather than pleased, as I hold two views firmly: The United States eventually should come into possession of Greenland; and right now, the United States should back off altogether.

Where do those views—seemingly at odds—come from, and how do they fit together?

First, Greenland is most valuable in the hands of the U.S.

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My vision is that someday the world’s largest island will hold a status roughly comparable to that of Puerto Rico. Greenlanders would have the full protection of the United States, and they also would be U.S. citizens, with full rights to migrate to the mainland. At the same time, they could have their own legislature and elect their own leaders, as Puerto Rico does today. Puerto Rico has held several referendums on independence and has rejected it each time—perhaps in part because it remains, despite economic problems, wealthier than almost anywhere else in the Caribbean.

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Tyler Cowen
Tyler Cowen is Holbert L. Harris Professor of Economics at George Mason University and also Faculty Director of the Mercatus Center. He received his PhD in economics from Harvard University in 1987. His book The Great Stagnation: How America Ate the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better was a New York Times best-seller. He was named in an Economist poll as one of the most influential economists of the last decade and Bloomberg Businessweek dubbed him "America's Hottest Economist." Foreign Policy magazine named him as one of its "Top 100 Global Thinkers" of 2011. He co-writes a blog at www.MarginalRevolution.com, hosts a podcast Conversations with Tyler, and is co-founder of an online economics education project, MRU.org. He is also director of the philanthropic project Emergent Ventures.
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Donald Trump
International
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