The End of Influence: What Happens When Other Countries Have the Money - Tapa dura

Miami Herald, December 13, 2009 "Cohen and DeLong's interesting look at the real New World Order is worthy of consideration as it describes a reality that's fast approaching." Matthew Yglesias ..".a brilliant short tour of the rise and fall of the neoliberal project on an international basis." Forbes.com, January 11, 2010 " In their new book The End of Influence, Stephen S. Cohen and J. Bradford DeLong vividly describe the evaporation of American economic power and what it is likely to mean for the United States and the world." "Miami Herald", December 13, 2009 "Cohen and DeLong's interesting look at the real New World Order is worthy of consideration as it describes a reality that's fast approaching." Matthew Yglesias ."..a brilliant short tour of the rise and fall of the neoliberal project on an international basis." "Forbes.com", January 11, 2010 " In their new book "The End of Influence", Stephen S. Cohen and J. Bradford DeLong vividly describe the evaporation of American economic power and what it is likely to mean for the United States and the world."

This is a provocative argument about the future of American power now that the US is not the world's biggest banker. At the end of World War II, America had all the money-and all the power. Now, after the Great Crash of 2008, America is cash poor. In "The End of Influence", Berkeley economists Brad DeLong and Stephen Cohen argue that this loss of liquid capital will have grave consequences for America's standing in the world. According to Cohen and DeLong, our current era will be marked by a loss of American power to dictate foreign policy, a loss of American soft cultural power, and a loss of entrepreneurial innovation worldwide. An essential read for business executives and connoisseurs of world politics alike, "The End of Influence" will expose these alarming trends-and tell us what we can do.