The Price of Prosperity: the Decline and Restoration of Rich Empires
About This Novel
Prosperous nations also fall apart. Is the fall of empires really inevitable? That's the view offered by Todd G. Buchholz, a renowned economist, hedge fund manager, and presidential adviser, in this insightful and contemporary book. The Price of Prosperity is both an economic history and an author's statement, revealing the economic, political, and cultural fissures that wealthy nations face, and explaining why, and suggesting that these vulnerabilities should be turned into sources of strength and the basis for national rejuvenation. To help readers understand how powerful nations are divided, Buchholz identifies five powerful but paradoxical forces of division that begin to undermine a country's harmony and stability after it achieves economic success. These include: declining fertility rates, globalized trade, rising debt burdens, disappearing work ethics and missing patriotism. Is the decline of empire inevitable? The answer is no. Can the United States and Europe rebuild the spirit of society? The answer is a resounding yes. "The Price of Prosperity" tells readers some inspiring stories of past leaders, including Turkey's founding father Mustafa Kemal Atatürk, Japan's Meiji Restoration leaders represented by Ryoma Sakamoto, and former Israeli Prime Minister "Iron Lady" Golda Meir, who all successfully turned around the country's chaotic situation at the time. It is not too late for us to overcome the current challenges and unite once again to defend the harmony and stability of the country and protect our future.
What Readers Think
Rating
Community(0)
Official(2)Scraped 14d ago
A little expensive
It should make sense
Rating
Community(0)
Official(2)Scraped 14d ago
A little expensive
It should make sense
