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Balance : the economics of great powers from ancient Rome to modern America

Author: R Glenn Hubbard; Tim Kane
Publisher: New York : Simon & Schuster, 2013.
Edition/Format:   Book : English : 1st Simon & Schuster hardcover editionView all editions and formats
Database:WorldCat
Summary:
Draws on examples from history to explore why powerful nations and civilizations break down under the heavy burden of financial imbalance, offering sobering arguments about America's current vulnerabilities and the preventative steps that must be taken.
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Document Type: Book
All Authors / Contributors: R Glenn Hubbard; Tim Kane
ISBN: 9781476700250 1476700257 9781476700267 1476700265 1476700273 9781476700274
OCLC Number: 828143785
Description: xii, 351 pages ; 24 cm
Contents: Introduction --
The economics of great power --
Economic behavior and institutions --
The ruin of Rome --
Treasure of China --
The sun fades on Spain --
Rule of slaves : the ottoman paradox --
Japanese opening --
British decimation --
Europa : unity and diversity --
California dreaming --
United States beyond the consequence horizon --
Amending America.
Responsibility: Glenn Hubbard and Tim Kane.

Abstract:

In this groundbreaking book, two economists explain why economic imbalances cause civil collapse-and why America could be next.  Read more...

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In seeking to discover what might be common factors throughout history to explain the rise and decline of powerful states, Hubbard and Kane have succeeded in identifying surprisingly similar Read more...

 
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schema:description"A quarter century after Paul Kennedy'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 country'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."@en
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