In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the WestEUR(TM)s economic supremacy. She examines how the WestEUR(TM)s flawed financial decisions have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world, especially China. Amid the hype of ChinaEUR(TM)s rise, however, the most important story of our generation is being pushed America is not just in economic decline, but on course to become the biggest welfare state in the history of the West. The real danger is a thome, Moyo claims. While some countries EUR” such as Germany and Sweden EUR” have deliberately engineered and financed welfare states, the United States risks turning itself into a bloated welfare state not because of ideology or a larger vision of economic justice, but out of economic desperation and short-sighted policymaking. How the West Was Lost reveals

How the West Was Lost: Fifty Years of Economic Folly- and the Stark Choices Ahead PDF

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