Richard Haass on the Limits of U.S. Power

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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This week on our Masters in Business podcast, we speak with Richard Haass, president of the Council on Foreign Relations and a former official in the George W. Bush administration who opposed the 2003 invasion of Iraq.

In our discussion, we touched on issues ranging from terrorism to trade to immigration to Brexit. Much of the conversation focused on Iraq, and the decision to go to war using "limited resources to achieve broadly defined goals.” This was a break from the so-called Powell doctrine of using overwhelming force to achieve narrowly defined goals. Haass, who graduated from Oberlin and holds a doctorate from Oxford, is the author of numerous books, including the forthcoming, "A World in Disarray: American Foreign Policy and the Crisis of the Old Order."

You can stream the full or download our conversation on iTunes, Soundcloud or Bloomberg. All of our earlier podcasts are at iTunesSoundcloud and Bloomberg.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

To contact the author of this story:
Barry Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net