Abstract Transnationalism represents a major leap forward in our understanding of events that cross national borders. At the same time, though, the transnational approach is woefully incomplete. Students looking for intellectual coherence are frequently disappointed. And even a cursory glance at news headlines makes it abundantly clear that despite this major conceptual advance, the worm has not become any happier. I worry that transnational law has become too optimistic, perhaps even naive, about what it can accomplish.