Balance: The Economics of Great Powers from Ancient Rome to

Balance: The Economics of Great Powers from Ancient Rome to Modern America

In this groundbreaking book, two economists explain why economic imbalances cause civil collapseâ€”and why America could be next.

In this groundbreaking book, two economists explain why economic imbalances cause civil collapseâ€” and why the United States could be next.

From the Ming Dynasty to Ottoman Turkey to imperial Spain, the Great Powers of the world emerged as the greatest economic, political, and military forces of their timeâ€”only to collapse into rubble and memory. What is at the root of their demiseâ€”and how can the United States stop this pattern from happening again?

A quarter century after Paul Kennedyâ€™s The Rise and Fall of the Great Powers, Glenn Hubbard and Tim Kane present a bold, sweeping account of why powerful nations and civilizations break down under the heavy burden of economic imbalance. Introducing a profound new measure of economic power, Balance traces the triumphs and mistakes of imperial Britain, the paradox of superstate California, the long collapse of Rome, and the limits of the Japanese model of growth. Most importantly, Hubbard and Kane compare the twenty-first-century United States to the empires of old and challenge Americans to address the real problems of our countryâ€™s dysfunctional fiscal imbalance. If there is not a new economics and politics of balance, they show that there will be an inevitable demise ahead.
Country USA
Brand Simon & Schuster
Manufacturer Simon & Schuster
Binding Hardcover
ItemPartNumber Illustrated
ReleaseDate 2013-05-21
UnitCount 1
EANs 9781476700250

Country	USA
Brand	Simon & Schuster
Manufacturer	Simon & Schuster
Binding	Hardcover
ItemPartNumber	Illustrated
ReleaseDate	2013-05-21
UnitCount	1
EANs	9781476700250

Balance: The Economics of Great Powers from Ancient Rome to Modern America

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