Tim Kane is the chief economist of the Hudson Institute, veteran Air Force officer, and has twice served at the Joint Economic Committee of the US Congress. He regularly writes for The Atlantic, The New York Times, The Los Angeles Times, and USA TODAY and is well-known public speaker. Glenn Hubbard is the dean of Columbia University's Graduate School of Business and the former chairman of the President's Council of Economic Advisers. He is a frequent contributor to Business Week, The Wall Street Journal, and The New York Times, as well as PBS's The Nightly Business Report and American Public Media's Marketplace.
"[A] rapid romp through imperial history.... The authors argue
persuasively that the decay [of nations] typically starts long
before [an external military] event and usually originates with
some internal change. "--Foreign Affairs
"A readable, data-rich history of the fall of great powers through
the eyes of two fiscally troubled US conservatives in
2013."--Financial Times
"Offers some policy proposals that ought to be taken seriously,
even by those who don't agree with all their premises. At the very
least, some of these ideas could be used as blueprints for the rare
politician seeking some acceptable grounds for
compromise."--Time.com
"Political paralysis leading to fiscal collapse is the "existential
threat" facing America, argues this stimulating, contentious
economic history... Theirs is political economy with a grand
historical sweep--and provocative implications for the
present."--Publishers Weekly
"The history of economic folly that they skillfully recount in
'Balance' is a timely reminder that societies that seem invincible
are often anything but."--Wall Street Journal
"A book with riveting historical perspective for careful thought
about where we are and where we can go if we get it right."--The
Honorable George P. Shultz, Hoover Institution
"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 and whether decline can be averted, or will
instead become inevitable."--James Robinson, co-author of Why
Nations Fail
"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
trajectories. Their thought-provoking analysis has compelling
relevance for America's future."--Henry A. Kissinger
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