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

Autor: R Glenn Hubbard; Tim Kane
Editora: New York : Simon & Schuster, 2013.
Edição/Formato   Print book : Inglês : 1st Simon & Schuster hardcover editionVer todas as edições e formatos
Base de Dados:WorldCat
Resumo:
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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Tipo de Documento: Livro
Todos os Autores / Contribuintes: R Glenn Hubbard; Tim Kane
ISBN: 9781476700250 1476700257 9781476700267 1476700265 1476700273 9781476700274
Número OCLC: 828143785
Descrição: xii, 351 pages ; 24 cm
Conteúdos: Introduction --
America's existential threat is fiscal --
The Entitlement State --
The Democracy paradox --
2. The economics of great power --
What is the wealth of a nation? --
Microscopes and telescopes --
Keep fear alive --
Confusion and consensus (a necessary primer on growth) --
The relativism of Paul Kennedy --
But China is different! --
The problem with growth --
How to measure economic power --
An economic power worldview --
The behavioral explanation for declinism --
3. Economic behavior and institutions --
How do people really behave? --
National vision and division --
A bird in the hand --
The tall man problem --
Economic and political institutions --
Template for great power imbalance --
4. The ruin of Rome --
A sketch of the Roman economy --
Caesarian seeds --
Evidence of the fall --
Imperial imbalance--
The beginning of the end : Trajan's accession --
The middle of the end : the Severan debasement --
The end of the end : Diocletian's command economy --
The collective action problem --
5. Treasure of China --
Master Kong --
The only constant is change --
Innovation and growth --
The real story of the Treasure Ships --
The Great Divergence --
Overstretch or inwardness or ... --
6. The sun fades on Spain --
A century of (geographic) growth --
Almost a superpower --
Silver foundations --
Property rights and wrongs --
Political crowding out --
7. Rule of slaves : the Ottoman paradox --
Tolerance and diversity --
The Janissaries --
Tax farming --
Too little, too late? --
8. Japanese opening --
Fuseki : John Manjiro and the Meijin --
Tesuji : key features of the Asian miracle --
New Fuseki : will Japan rise again? --
9. British decimation --
How did Britain grow? --
Prophecy in vain --
Greater Britain Redux --
10. Europa : unity and diversity --
Statism in two states --
Theoretical models and European supermodels --
Eurozone pros, cons, and interest rates --
Is the Eurozone crisis a Euro crisis? --
Taking measure of institutions --
The Ghost of Christmas yet to come --
11. California dreaming --
Empire of liberty, union of states --
Government bondage )munis and pensions) --
Breaking the tension --
A state of denial (taxes, deficits, rail) --
Meet the new Praetorians --
Term limits and time preferences --
Polarization by design --
Bankrupt incentives --
12. United States beyond the consequence horizon --
The center holds --
A first look at polarization --
The history and future of debt --
"Entitlements" primer --
Breaking a political prisoners' dilemma --
A second look at polarization --
13. Amending America --
The lessons of great power history --
Balance of economics --
The optimal economic future --
Defending democracy --
The reform odyssey --
The Twenty-Eighth Amendment? --
American rebirth.
Responsabilidade: Glenn Hubbard and Tim Kane.

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

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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 Ler mais...

 
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