Sunday, March 8, 2015

Adam Tooze's "Wages of Destruction" Review and 21st century Hyperpowers

I just read Brad DeLong's post on David Frum's review of the "Wages of Destruction".

Two observations to be made.

i) "Wages of Destruction" is an amazing book. I read it a few years ago and it has the best review of WW2 from an economic point of view I've read.

ii) Frum and De Long's analysis of how the British transitioned from no longer being a hyper power and the parallels to how the US should adjust to the likely emergence of China/India in the next 20-50 years are very interesting.

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