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Balance: The Economics of Great Powers from Ancient Rome to Modern America

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The book delves into the historical patterns of financial imbalance leading to the downfall of great civilizations, such as the Roman Empire and Imperial Spain. The authors analyze how these economic failures resulted in civil collapse and draw parallels to contemporary America, suggesting it may be on a similar trajectory. Through this exploration, they highlight the critical relationship between economic stability and the longevity of superpowers, offering insights into the potential consequences of current financial trends.

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Balance: The Economics of Great Powers from Ancient Rome to Modern America, Glenn Hubbard, Tim Kane

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2014
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