A U.S. Economic Security “Latency Fund”

ChinaTalk Essay Prizewinner.

[Read Full Piece on ChinaTalk].

The Cold War sparked an entire academic and policy discipline on nuclear deterrence and statecraft. It is time that the sphere of economic security received its fair share of attention. But we do not have to start entirely from scratch; there is much to learn from our “Cold War Warrior” predecessors. This essay suggests borrowing from the theory of “nuclear latency” — the notion not of having a bomb, but of having the capacity to build it in a coercive or crisis context — and applying it to vulnerable but non-critical elements of U.S. economic security.

[Read Full Piece on ChinaTalk].