by Gregg Easterbrook
The US Navy brought half a century of peace and free trade to the world’s waterways. But climate change and rising nationalism threaten to end this blue age.
For decades, the Navy has stood sentinel over crucial waterways, ensuring safe passage of goods from nearly all nations. The result is the longest phase of peace on the waters since the Phoenicians, with rising living standards, more (total) jobs, and the dramatic decline of poverty in Asia.
But these prosperous times could be at an end. Today China is building warships at an extraordinary pace. India, Japan, Vietnam, and Europe are responding with more fighting ships.
Interview with the Author
Subscription Required for Full Episode