Free Republic

Neoliberalism is out and neo-mercantilism in as US decoupling from China abandons adherence to rules-based, free market trade Speaking at the Brookings Institution in April 2023, US National Security Advisor Jake Sullivan declared national security and industrial policy as the guiding lights for US trade. Sullivan couched his prescriptions in soft tones and catchy phrases. “Decoupling” is out, “de-risking” is in. The goal is to “forge a new consensus” — something different to the market-oriented Washington Consensus of yesteryear. National security restrictions have their limits set in a “small yard, high fence.” US security is not trying to engage in...

Summary: Did the United Kingdom's influence in its heyday match the United States' today? Two Hegemonies provides an answer; but "empire" might be the better word.Niall Ferguson is Herzog Professor of History at the Stern School of Business, New York University, and a Senior Research Fellow of Jesus College, Oxford. He is the author of Empire: The Rise and Demise of the British World Order and the Lessons for Global Power.From Foreign Affairs September/October 2003Hegemony or Empire? By Niall FergusonTwo Hegemonies: Britain 1846-1914 and the United States 1941-2001 .Patrick Karl O'Brien & Armand Clesse. Aldershot, U.K.: Asghate, 2002, 365 $84.95...

US Economic Intelligence Policy and Global Competition By Garth Hancock (When this was written --Mr. Hancock was a second year graduate student working towards his MA in International Policy Studies. Prior to attending the Institute he worked as a small company vice-president. His concentration was in trade, with a particular interest in govemment-private relations. "It would not surprise me that intelligence agencies in all countries are involved in examining what their international competitors are doing, but I'm not aware of any such activities on behalf of the US intelligence agencies." - US Commerce Secretary Ron Brown, October 19, 1995. Many...