The End of Influence

“Stephen S. Cohen and J. Bradford DeLong vividly describe the evaporation of American economic power and what it is likely to mean for the United States and the world.”—Forbes.com

“In this reasoned chronicle of worldwide fiscal and cultural influence from pre–WWI to the present, Berkeley academics Cohen and DeLong measure the rise and decline of US prestige, concluding that the era of US dominance is over.... Cohen and DeLong craft a chilling portrait of the country’s accelerating fiscal woes.”—Publishers Weekly

“Stephen S. Cohen and J. Bradford DeLong find a worldwide reaction against what are perceived to be the excesses and defects of neo-liberalism. ... Suggested study.”—Business Line

“Lucid explanations are offered of trade deficits, currency fluctuations, and the like, and the cause of the current crisis located in the ballooning of finance as a proportion of the US economy.”—The Guardian

“Cohen and DeLong’s interesting look at the real New World Order is worthy of consideration as it describes a reality that’s fast approaching.”—Miami Herald

“DeLong and Cohen . . . contribute to our knowledge of how the world actually works.”—The National Interest

“The implications of the current financial crisis go beyond its multiplier effect of impoverishing the global economy. Many experts and economists have been predicting the end of America’s economic hegemony and Stephen Cohen and Bradford DeLong illustrate this imminent scenario.”—Business World

“One of the central virtues of the book is the sustained attention Cohen and DeLong give to some of the lazy assumptions we make about the American economy.”—National Review Online