America After The Cold War

The passing of the Cold War is the most important development of the late 20th century, yet the United States clings tenaciously to old policies. Both the Bush administration and Democratic leaders have insisted on perpetuating a host of obsolete alliances, including NATO and the alliance with Japan, which cost American taxpayers nearly $150 billion a year. Ted Galen Carpenter, director of foreign policy studies at the Cato Institute, offers a provocative critique of that status quo strategy.