The End of Influence

What Happens When Other Countries Have the Money

Contributors

By J. Bradford DeLong

By Stephen S. Cohen

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This item is a preorder. Your payment method will be charged immediately, and the product is expected to ship on or around September 6, 2011. This date is subject to change due to shipping delays beyond our control.

At the end of World War II, the United States had all the money — and all the power. Now, America finds itself cash poor, and to a great extent power follows money. In The End of Influence, renowned economic analysts Stephen S. Cohen and J. Bradford DeLong explore the grave consequences this loss will have for America’s place in the world.

America, Cohen and DeLong argue, will no longer be the world’s hyperpower. It will no longer wield soft cultural power or dictate a monolithic foreign policy. More damaging, though, is the blow to the world’s ability to innovate economically, financially, and politically. Cohen and DeLong also explore American’s complicated relationship with China, the misunderstood role of sovereign wealth funds, and the return of state-led capitalism.

An essential read for anyone interested in how global economics and finance interact with national policy, The End of Influence explains the far-reaching and potentially long-lasting but little-noted consequences of our great fiscal crisis.

On Sale
Sep 6, 2011
Page Count
176 pages
Publisher
Basic Books
ISBN-13
9780465024544

J. Bradford DeLong

About the Author

J. Bradford DeLong, an economic historian, is a professor of economics at the University of California, Berkeley. He was a deputy assistant secretary of the U.S. Treasury during the Clinton administration. He writes a widely read economics blog, now at braddelong.substack.com. He lives in Berkeley, California. 

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