The Price of Prosperity: Why Rich Nations Fail and How to Renew Them
3.5/5
()
Currently unavailable
Currently unavailable
About this ebook
In this bold history and manifesto, a former White House director of economic policy exposes the economic, political, and cultural cracks that wealthy nations face and makes the case for transforming those same vulnerabilities into sources of strength—and the foundation of a national renewal.
America and other developed countries, including Germany, Japan, France, and Great Britain are in desperate straits. The loss of community, a contracting jobs market, immigration fears, rising globalization, and poisonous partisanship—the adverse price of unprecedented prosperity—are pushing these nations to the brink.
Acclaimed author, economist, hedge fund manager, and presidential advisor Todd G. Buchholz argues that without a sense of common purpose and shared identity, nations can collapse. The signs are everywhere: Reckless financial markets encourage people to gamble with other people’s money. A coddling educational culture removes the stigma of underachievement. Community traditions such as American Legion cookouts and patriotic parades are derided as corny or jingoistic. Newcomers are watched with suspicion and contempt.
As Buchholz makes clear, the United States is not the first country to suffer these fissures. In The Price of Prosperity he examines the fates of previous empires—those that have fallen as well as those extricated from near-collapse and the ruins of war thanks to the vision and efforts of strong leaders. He then identifies what great leaders do to fend off the forces that tear nations apart.
Is the loss of empire inevitable? No. Can a community spirit be restored in the U.S. and in Europe? The answer is a resounding yes. We cannot retrieve the jobs of our grandparents, but we can embrace uniquely American traditions, while building new foundations for growth and change. Buchholz offers a roadmap to recovery, and calls for a revival of national pride and patriotism to help us come together once again to protect the nation and ensure our future.
Todd G. Buchholz
Todd G. Buchholz is a former White House director of economic policy, managing director of the legendary Tiger hedge fund, and winner of Harvard’s annual teaching prize in economics. He is the author of New Ideas from Dead Economists and New Ideas from Dead CEOs, and has written for the New York Times, the Wall Street Journal, Time, and Forbes. He regularly appears on PBS, NPR, Fox, and CNBC, and is a co-producer of the Broadway hit Jersey Boys. Buchholz has served as a fellow at Cambridge University and is the inventor of the Math Arrow Matrix. He lives in Southern California.
Read more from Todd G. Buchholz
The Price of Prosperity: Why Rich Nations Fail and How to Renew Them Rating: 3 out of 5 stars3/5Lasting Lessons from the Corner Office: Essential Wisdom from the Twentieth Century's Greatest Entrepreneurs Rating: 3 out of 5 stars3/5
Related to The Price of Prosperity
Related ebooks
Money: Whence It Came, Where It Went Rating: 4 out of 5 stars4/5The Great Surge: The Ascent of the Developing World Rating: 5 out of 5 stars5/5How the West Was Lost: Fifty Years of Economic Folly--and the Stark Choices Ahead Rating: 3 out of 5 stars3/5Wealth of Nations Rating: 0 out of 5 stars0 ratingsJapanization: What the World Can Learn from Japan's Lost Decades Rating: 3 out of 5 stars3/5The Hidden Wealth of Nations: The Scourge of Tax Havens Rating: 4 out of 5 stars4/5Outside the Box: How Globalization Changed from Moving Stuff to Spreading Ideas Rating: 4 out of 5 stars4/5How an Economy Grows and Why It Crashes Rating: 4 out of 5 stars4/5Capitalism without Capital: The Rise of the Intangible Economy Rating: 3 out of 5 stars3/5Billions: Selling to the New Chinese Consumer Rating: 3 out of 5 stars3/5The End of Normal: The Great Crisis and the Future of Growth Rating: 4 out of 5 stars4/5The Future Is Asian Rating: 3 out of 5 stars3/5Balance: The Economics of Great Powers from Ancient Rome to Modern America Rating: 5 out of 5 stars5/5How Asia Works: Success and Failure In the World's Most Dynamic Region Rating: 4 out of 5 stars4/5The J Curve: A New Way to Understand Why Nations Rise and Fall Rating: 3 out of 5 stars3/5The Money Illusion Rating: 5 out of 5 stars5/5Economics is Like Sex: Common Sense Thinking for Better Decisions Through the Taboo Topics of Money, Budgets, Markets and Trade Rating: 0 out of 5 stars0 ratingsUnderstanding the Process of Economic Change Rating: 4 out of 5 stars4/5Russian Grand Strategy in the era of global power competition Rating: 0 out of 5 stars0 ratingsNarrative Economics: How Stories Go Viral and Drive Major Economic Events Rating: 3 out of 5 stars3/5How does economy work Rating: 0 out of 5 stars0 ratingsMoney Changes Everything: How Finance Made Civilization Possible Rating: 4 out of 5 stars4/5Shift the Narrative: A Blind Man's Vision for Rewriting the Stories that Limit Us Rating: 0 out of 5 stars0 ratingsRed Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise Rating: 4 out of 5 stars4/5What Does China Think? Rating: 4 out of 5 stars4/5Viking Economics: How the Scandinavians Got It Right-and How We Can, Too Rating: 3 out of 5 stars3/5This Time Is Different: Eight Centuries of Financial Folly Rating: 4 out of 5 stars4/5The Magic Money Tree and Other Economic Tales Rating: 0 out of 5 stars0 ratingsThe Currency Cold War: Cash and Cryptography, Hash Rates and Hegemony Rating: 4 out of 5 stars4/5Geopolitics Rating: 0 out of 5 stars0 ratings
Economics For You
Economics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Sex Trafficking: Inside the Business of Modern Slavery Rating: 4 out of 5 stars4/5Economics For Dummies, 3rd Edition Rating: 5 out of 5 stars5/5The Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 4 out of 5 stars4/5Think in Systems: The Art of Strategic Planning, Effective Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5Chip War: The Fight for the World's Most Critical Technology Rating: 4 out of 5 stars4/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5Bottle of Lies: The Inside Story of the Generic Drug Boom Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures Rating: 4 out of 5 stars4/5Talking to My Daughter About the Economy: or, How Capitalism Works--and How It Fails Rating: 4 out of 5 stars4/5How to Be Everything: A Guide for Those Who (Still) Don't Know What They Want to Be When They Grow Up Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5A People's Guide to Capitalism: An Introduction to Marxist Economics Rating: 4 out of 5 stars4/5The Myth of Capitalism: Monopolies and the Death of Competition Rating: 4 out of 5 stars4/5Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions Rating: 4 out of 5 stars4/5The Physics of Wall Street: A Brief History of Predicting the Unpredictable Rating: 4 out of 5 stars4/5The Two-Parent Privilege: How Americans Stopped Getting Married and Started Falling Behind Rating: 5 out of 5 stars5/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Payback: Debt and the Shadow Side of Wealth Rating: 0 out of 5 stars0 ratingsCapital in the Twenty-First Century Rating: 4 out of 5 stars4/5
Reviews for The Price of Prosperity
3 ratings0 reviews