Books by Streit Council Board Members

Richard Rosecrance, The Resurgence of the West: How a Transatlantic Union Can Prevent War and Restore the United States and Europe, Yale University Press, 2013.

Richard Rosecrance calls for the United States to join forces with the European Union and create a transatlantic economic union. A U.S.-Europe community would unblock arteries of trade and investment, rejuvenate the West, and enable Western countries to deal with East Asian challenges from a position of unity and economic strength. Through this great merger the author offers a positive vision of the future in which members of a tightly knit Western alliance regain economic health and attract Eastern nations to join a new and worldwide international order.


Paul Findley, Speaking Out: A Congressman's Lifelong Fight Against Bigotry, Famine, and War, Chicago Review Press, 2011.

In his twenty-two years as an Illinois congressman and in the years since he left office, Paul Findley has fought to eradicate famine, end wars, and eliminate bigotry in U.S. foreign policy. This sweeping political memoir opens with Findley’s early days in rural Pittsfield, Illinois, and chronicles his service during six administrations in Washington. His many accomplishments in Congress include authoring the Famine Prevention Act, coauthoring the 1973 War Powers Resolution, leading agricultural trade missions to the Soviet Union and China, and strongly opposing the Vietnam War. This autobiography is also a no-holds-barred critique of Israel’s lobby and its toll on the national interests of the United States. Few politicians are so openly critical of their government, and Findley’s opinions on what he believes to be disastrous foreign policy provide a unique behind-the-scenes perspective on the shaping of these policies in the latter half of the twentieth century.

Richard T. Arndt, The First Resort of Kings: American Cultural Diplomacy in the Twentieth Century, Potomac Books, 2005.

During the last five decades, US cultural diplomacy programs have withered because of politics and accidents of history that have subordinated cultural diplomacy to public relations campaigning, now called "public diplomacy." With anti-Americanism on the rise worldwide, cultural diplomacy should become an immediate priority, but politicians continue to ignore this relatively inexpensive, age-old tool for promoting understanding among nations. Richard Arndt probes the history of American cultural diplomacy to demonstrate its valuable past contributions and to make a plea for reviving it for the future.

The First Resort of Kings examines the first eight decades of formal US cultural diplomacy, from its tentative beginnings in World War I through the 1990s. Arndt also compares America 's efforts with those of other nations and enriches his narrative by detailing the professional experiences of the men and women who have represented American democracy, education, intellect, art, and literature to the rest of the world. His work shows that this dialogue of American culture and education with the rest of the world is neither a frill nor a domestic political concern but is the deepest cornerstone of a positive, forward-looking US foreign policy. Arndt argues that, particularly in the wake of the Iraq War, America must revive its cultural diplomacy programs as a long-term investment in international goodwill and understanding.

Donald Philips Dennis, Foreign Policy in a Democracy: The Role of the Foreign Policy Association, New York FPA, 2003.

This history of the Foreign Policy Association was written to provide a narrative of its origins and early years and of its development throughout the twentieth century and into the twenty-first. It is a compelling story of extraordinary individuals devoted to an exceptional cause. From its inception in 1918 as the "Committee on Nothing at All" with its goal of bringing about United States Participation in the League of Nations , the Association evolved to encompass a constituency of thousands of individuals across the nation.

James G. McGann, Erik C. Johnson, Comparative Think Tanks, Politics and Public Policy, Edward Elgar Pub, 2006.

Examining the role of think tanks in the policy formulation process, this groundbreaking study provides the first systematically comparative and methodologically rigorous map of such organizations and the social, political, legal and economic conditions that shape their work. Once found only in advanced industrial democracies, think tanks now provide information and advice for policymakers in countries as diverse as India, Lebanon, Chile, Bulgaria, Germany, Senegal and Thailand. Using case studies of 20 countries across five regions of the world (Africa, the Middle East, the Americas, Europe and Asia), James McGann and Erik Johnson explore how the environments in which think tanks operate serve to expand or constrict their autonomy and influence. They also suggest ways donors, policymakers and international organizations can ensure the viability and sustainability of these important organizations.

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Richard Rosecrance, The Rise of the Virtual State: Wealth and Power in the Coming Century, Basic Books, 1999.

A new type of nation is emerging­—the virtual state. The influential nations of the coming century will look less like traditional Great Powers and more like Hong Kong or Singapore: small, with little military power, agriculture or manufacturing, but powerful in using managerial, financial and creative skills to control assets elsewhere. The developed world will be divided into “head” nations, which create products and mange services, and “body” nations, which manufacture goods. In this world, military conquest will make little sense: armies can only seize real estate, and real estate does not confer knowledge or capital. The Rise of the Virtual State explains what international relations and commerce will look like the world of the next century. Renowned international relations scholar Richard Rosecrance defines how this world will emerge, how the United States will figure in this new system of international politics and economics and who are the likely winners and losers on the coming international scene.

 

Steve H. Hanke, Alan A. Walters, Capital Markets and Development, ICS Press, 1991.

For decades economists have assumed that poor countries can't support capital markets. This book puts the lie to that. Its wide-ranging exploration of twentieth-century financial institutions reveals that poor countries can't develop without capital markets. From currency management in Russia in 1918 to financial liberalization in modern-day New Zealand and Chile. The case studies of this wide-ranging exploration of financial institutions show that bridging the abyss between barter and a fully convertible currency is no less essential to economic prosperity today than it was eighty years ago. Sound and stable currencies have been easily eroded by government interventions; repressed, fragmented financial systems have been their corollary. Undoing this damage and reestablishing the strength of a currency is far more difficult, as the recent experiences of Argentina and Chile can attest.

As explained in this volume, capital markets were not always critical to development. Through the nineteenth century, when the United States and other developed countries were getting that way, central banks were the exception and appreciating currencies were the rule. Today, central banks are the rule and appreciating currencies are nonexistent. So it is that capital market institutions and instruments that did not exist before the twentieth century are now required for development. Hence this book's attention to the development of securities markets and the promise of equity finance in poor countries: in a study of the Dhaka Stock Exchange, as well as in a comprehensive "how to" and "how not to" guide for establishing new equity markets.

 

Richard Rosecrance, The Rise of the Trading State: Commerce and Conquest in the Modern World, Basic Books, 1986.

This book blends historical analysis and theory to show how trade has replaced territorial expansion and military might as the key to international wealth and power. Distinguished international relations scholar Richard Rosecrance argues that there is a strong trend toward placing an emphasis on the benefits of trade and cooperation, as well as the growing importance of economic power over military might for achieving national interests. This analysis also identifies trends which offer opportunities for creating a more peaceful international system.

Tiziana Stella, Origins of Atlanticism: The Atlantic Idea and its Implications for Russia-NATO Relations, Saint-Petersburg State University Press, 2004.

An enlargement of the Atlantic system toward the East, to encompass all of Europe understood as inclusive of Russia, despite seeming like a completely new issue after 1989, had in fact been anticipated long before. It had played an integral part in the creation and development of the Atlantic institutions. The comprehension of these deeper roots can widen our conception of the nature of Atlanticism and provide broader foundations for dealing with current problems.

In the existing public perception in the West, the term Atlanticism is either completely unknown or else is reduced to NATO. In the East, a bit paradoxically, the public seems readier to recognize what one refers to by Atlanticism, only to find that there too the public tends to equate it with NATO. However, its enemies in the East, such as Alexander Dugin, tend to have a much deeper, if somewhat skewed, awareness of the breadth of this phenomenon than do its friends.

Because the term Atlanticism tends to evoke immediately NATO, and because NATO is generally associated with the idea of the Cold War, Atlanticism has been confined often in a too narrow contextualization. This in turn has affected the range of future scenarios envisioned for NATO, both in its internal development and in its external relations, or in the dialectic growth of the two through enlargement.