The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000
With 200,000 hardcover copies in print, this book has received worldwide attention. Kennedy explains how the various world powers have risen and fallen over the five centuries since the formation of the "new monarchies" in Western Europe.
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... which naturally created a structure — and an atmosphere — within which long-
term funded state debt could be regarded as perfectly normal. So successfully did
Amsterdam become a center of Dutch "surplus capital" that it soon was able to ...
... however, the economic recovery was being increasingly affected by the
fantastic expenditure upon armaments. In the short term, this spending was yet
another quasi-Keynesian government boost to capital investment and industrial
The greater part of this capital flow has, however, gone into short-term bonds (
especially U.S. Treasury bonds) ... On the whole, however, Tokyo is much more
likely to keep recycling its surplus capital into new ventures overseas than to
bring it ...
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LibraryThing ReviewUser Review - mdobe - LibraryThing
The internal political system of the United states, or of any other nation for that matter, is of little consequence to Paul Kennedy in his treatment of WWI. The rise and fall of the Great Powers with ... Read full review
LibraryThing ReviewUser Review - aitastaes - LibraryThing
WINNER OF THE WOLFSON HISTORY PRIZE Paul Kennedy's international bestseller is a sweeping account of five hundred years of fluctuating economic muscle and military might. Kennedy's masterwork begins ... Read full review