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Some economists believe that the Great Depression of the 1930s was aggravated by bad monetary policy and lack of American leadership. Britain was too weak to maintain an open international economy, and the United States was not living up to its new responsibilities.
Joseph Nye
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The world at the beginning of the twenty-first century is a strange cocktail of continuity and change. Some aspects of international politics have not changed since Thucydides. There is a certain logic of hostility, a dilemma about security that goes with interstate politics. Alliances, balance of power, and choices in in policy between war and compromise have remained similar over the millennia.
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In foreign policy, as in medicine, leaders must first do no harm.
Joseph Nye
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Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Joseph Nye
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Born:
January 19, 1937
(age 87)
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