The optimism that followed the end of the Cold War has been replaced by fear and pessimism. Russia is reasserting itself on the world stage, China continues to increase tensions in the Asia‐​Pacific region, and North Korea is inching toward a nuclear weapon capable of hitting the U.S. homeland. All of this has led many to believe that the world is more dangerous than ever before. Meanwhile, the growth of U.S. defense spending has slowed, leading some to conclude that America’s military has been “gutted” and is unprepared to meet today’s challenges, including its role as protector of the global order. Is the world more dangerous than ever? Have funding constraints degraded the strength of the U.S. military? Should we revisit U.S. grand strategy, including the missions that we assign to the American military? Join us for a conversation on the myths and misperceptions that cloud a clear discussion of U.S. foreign policy.