From Wealth to Power, by Fareed Zakaria
Foreign Policy as Pseudo-Science
Mises Review 4, No. 3 (Fall 1998)
FROM WEALTH TO POWER
Fareed Zakaria
Princeton University Press, 1998, x + 199 pgs.
Mr. Zakaria finds a paradox at the heart of American foreign policy in the latter part of the nineteenth century. The United States at that period was rapidly becoming an economic giant. Yet its role in the international system did not exceed that of far weaker nations. Why did economic strength in this instance go together with diplomatic weakness?