Conversations host Harry Kreisler welcomes Harvard's Joseph S. Nye,Jr., for a discussion of his new book, The Future of Power. Nye offers a typology of power and explains the importance of a strategy shaped by an intelligent assessment of context and resources. Emphasizing the differences between military, economic, and soft power, he distinguishes three chess boards or domains where these faces of power have a differential impact on behavior. Understanding this complexity makes for the possibility of smart power. Nye then discusses the rise and fall of great powers but emphasizes...