ON-Lion Letter

"The Cold War's end during the 1989-91 period, whatever else it meant and did, ignited a massive transformation of the global economy that, accompanied by dramatic if pent-up technological change, came to be known generically as globalization," begins Laurence Zuriff in his chapter of the John Hay Initiative's (JHI's) new book, Choosing to Lead:  American Foreign Policy for a Disordered World.  "Like all great changes, this one produced both discrete events and shockwaves."

Zuriff is the founder and chief financial officer of Xometry, an advanced-manufacturing company.  He also serves on the board of directors of the Center for Strategic and Budgetary Assessments (CSBA) in Washington, D.C.

"To ensure that United States sustains its competitive advantage, the next Administration needs to conduct a long-overdue strategic assessment of the impact that economic and commercial activity now has on the conduct of foreign policy.  This assessment needs to certify that we are using effectively the full panoply of tools available to us.  It should start," he continues in "Connecting Economics and Security," by recognizing "key elements of U.S. international economic power and assessing the risk to those assets to either external challenges or internal misuse or neglect.

"Given the evolution and integration of the global economic framework over the past quarter century, the next U.S. Administration needs to lay out a strategy for preserving U.S. economic preeminence," Zuriff concludes.  "That strategy will need to better coordinate our economic and national security objectives and capabilities.  The goal remains the same:  secure the economic prosperity of the United States through the benefits derived from free and open commerce.  But the methods require adjustment."

The Lynde and Harry Bradley Foundation in Milwaukee substantially supports JHI's Choosing to Lead project.  Bradley also supports CSBA.

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