The Price of Prosperity

The Price of Prosperity

Why Rich Nations Fail and How to Renew Them

eBook - 2016
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In this bold history and manifesto, a former White House director of economic policy under President George H. W. Bush 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...
Publisher: 2016
ISBN: 9780062405715
Characteristics: 1 online resource
Additional Contributors: OverDrive, Inc

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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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