April 11, 2016—“Despite having the most powerful economy on earth, the United States too often reaches for the gun instead of the purse,” contend Council on Foreign Relations (CFR) Senior Fellows Robert D. Blackwill and Jennifer M. Harris in a new book, War by Other Means: Geoeconomics and Statecraft. Instead, argue Blackwill and Harris, the United States must strategically integrate economic and financial instruments into its foreign policy—what they define as geoeconomics—or risk losing ground as a world power.
http://www.cfr.org/asia-and-pacific/geoeconomic-tools-can-preserve-us-global-power-write-blackwill-harris-new-book/p37762
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