“Despite having the most powerful economy on earth, the United States too often reaches for the gun instead of the purse,” contend CFR Senior Fellows Robert D. Blackwill and Jennifer M. Harris in War by Other Means: Geoeconomics and Statecraft. They argue that the United States should strategically integrate economic and financial instruments into its foreign policy—what they define as geoeconomics—or risk losing ground as a world power. Read more and order a copy »