Synthesis of economics, politics, and psychology for a holistic understanding of nation decline
Case studies from ancient Rome to modern America illustrate recurring patterns
New economic power balance measure challenges conventional wisdom
Comparative analysis of the United States to historical empires for contemporary relevance
Compelling analysis of fiscal imbalance and its implications for American policy
Summarized by Shop
“Hubbard and Kane synthesize economics, politics, and psychology to develop a new audacious theory of why countries decline. Compulsory reading for anyone who wants to understand the major issues that America now faces” (James Robinson, coauthor of Why Nations Fail).
From the Ming Dynasty to Ottoman Turkey to imperial Spain, the Great Powe