The Price of Prosperity

The Price of Prosperity

Why Rich Nations Fail and How to Renew Them

Book - 2016
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"Part history and part manifesto, The Price of Prosperity 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 for a national renewal. To understand how great powers unravel, Buchholz identifies five potent and paradoxical forces that undermine nations after they achieve economic success. These include falling birthrates, globalized trade, rising debt loads, an eroding work ethic, and waning patriotism. Is the loss of empire inevitable? No. Can a community spirit be restored in the United States and in Europe? The answer is a resounding yes. The Price of Prosperity presents inspiring stories of historical leaders who overcame national disarray, from Kemal Atatürk to Japan's Meiji revolutionaries to Golda Meir. It is not too late to overcome the challenges we face now and to come together once again to protect the nation and to ensure our future." -- jacket.
Publisher: New York : Harper, an imprint of HarperCollins Publishers, [2016]
Edition: First edition.
ISBN: 9780062405708
0062405705
Branch Call Number: 330.9 BUCHHOLZ
Characteristics: xii, 367 pages ; 24 cm

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StarGladiator
Jun 16, 2016

This author was part of the administration [Geo. H.W. Bush] which decoupled productivity from the minimum wage, allowing it to stagnate, while productivity rose dramatically, such that today it SHOULD be at least $27.00 per hour! Not a guy I would have any confidence in - - and I'll have to check his hedge fund's history.

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