Source: American Conservative
October 8, 2010
[Leon Hadar is a Cato Institute research fellow in foreign-policy studies and author, most recently, of Sandstorm: Policy Failure in the Middle East.]
Since the end of geostrategic competition between the U.S. and the (former) USSR, pundits have been proposing new conceptual frameworks for understanding the evolving global political and economic balance — or imbalance — of power.
Indeed, for close to two decades, scholars have been debating the direction that the “parad