"A bracing assessment of U.S. foreign policy and world disorder over the past two decades, anchored by a major new Pentagon-commissioned essay about changing power dynamics among China, Eurasia, and America--from the renowned geopolitical analyst and bestselling author of The Revenge of Geography and The Coming Anarchy. In the late thirteenth century, Marco Polo began a decades-long trek from Venice to China. The strength of that Silk Road--the trade route between Europe and Asia--was a foundation of Kublai Khan's sprawling empire. Now, in the early twenty-first century, the Chinese regime has proposed a land-and-maritime Silk Road that duplicates exactly the route Marco Polo traveled. In the major lead essay, recently released by the Pentagon's Office of Net Assessment, Robert D. Kaplan lays out a blueprint of the world's changing power politics that recalls the late thirteenth century. As Europe fractures from changes in culture and migration, Eurasia coheres into a single conflict system. China is constructing a land bridge to Europe. Iran and India are trying to link the oil fields of Central Asia to the Indian Ocean. America's ability to influence the power balance in Eurasia is declining. This is Kaplan's first collection of essays since his classic The Coming Anarchy was published in 2000. Drawing on decades of firsthand experience as a foreign correspondent and military embed for The Atlantic, as well as encounters with preeminent realist thinkers, Kaplan outlines the timeless principles that should shape America's role in a turbulent world: a respect for the limits of Western-style democracy; a delineation between American interests and American values; an awareness of the psychological toll of warfare; a projection of power via a strong navy; and more. From Kaplan's immediate thoughts on President Trump ("On Foreign Policy, Donald Trump Is No Realist," 2016) to a frank examination of what will happen in the event of war with North Korea ("When North Korea Falls," 2006), The Return of Marco Polo's World is a vigorous and honest reckoning with the difficult choices the United States will face in the years ahead. "These essays constitute a truly pathbreaking, brilliant synthesis and analysis of geographic, political, technological, and economic trends with far-reaching consequences. The Return of Marco Polo's World is another work by Robert D. Kaplan that will be regarded as a classic."--General David Petraeus (U.S. Army, Ret.)"--

Having made The 9/11 Commission Report understandable for everyone, the award-winning, bestselling graphic novel team of Sid Jacobson and Ernie Colón use all their considerable talents to explain the post-9/11 world. Working from news reports drawn from multiple international media, Jacobson and Colón depict the critical events, decision makers, and consequences of America's "war on terror," and, most important, the context in which the war began, unfolded, and unraveled. The most demanding story they have ever tackled, After 9/11 is also the most tailor-made for their medium, capturing simultaneous events, geographic complexity, numerous participants, and a vast array of economic, statistical, and quantitative information—compellingly told through the sequential panel art narrative form unique to graphic books. Proving yet again that graphic novels best meet the challenge of giving the most information with the least amount of ink, Jacobson and Colón answer with clarity and unforgettable imagery the question: How the hell did we end up where we are?

Relates the gripping story of a major public health effort diverted and distorted for private gain.

International institutions, from the International Monetary Fund to the International Olympic Committee, are perceived as bastions of sclerotic mediocrity at best and outright corruption at worst, and this perception is generally not far off the mark. In the wake of the 2008 financial crash, Daniel W. Drezner, like so many others, looked at the smoking ruins of the global economy and wondered why global economic governance structure had failed so spectacularly, and what could be done to reform them in the future. But then a funny thing happened. As he surveyed their actions in the wake of the crash, he realized that the evidence pointed to the exact opposite conclusion: global economic governance had succeeded. In The System Worked, Drezner, a renowned political scientist and international relations expert, contends that despite the massive scale and reverberations of this latest crisis (larger, arguably, than those that precipitated the Great Depression), the global economy has bounced back remarkably well. Examining the major resuscitation efforts by the G-20 IMF, WTO, and other institutions, he shows that, thanks to the efforts of central bankers and other policymakers, the international response was sufficiently coordinated to prevent the crisis from becoming a full-fledged depression. Yet the narrative about the failure of multilateral economic institutions persists, both because the Great Recession affected powerful nations whose governments managed their own economies poorly, and because the most influential policy analysts who write the books and articles on the crisis hail from those nations. Nevertheless, Drezner argues, while it's true that the global economy is still fragile, these institutions survived the "stress test" of the financial crisis, and may have even become more resilient and valuable in the process. Bucking the conventional wisdom about the new "G-Zero World," Drezner rehabilitates the image of the much-maligned international institutions and demolishes some of the most dangerous myths about the financial crisis. The System Worked is a vital contribution to our understanding of an area where the stakes could not be higher.

Frances Fox Piven, one of the country's most celebrated social scientists, raises questions others have not. She examines the ways the war on terror served to shore up the Bush administration's political base and analyzes the manner in which flag-waving politicians used the emotional fog of war to further their regressive social and economic agendas. Always in the past governments that made war sooner or later tried to reward their peoples for the blood and wealth they were forced to sacrifice. During World War II, tax rates on the wealthy rose to 90 percent; toward the end of the Vietnam War, eighteen-year-olds were given the right to vote. In this war, taxes on the rich have been slashed, and democratic rights are being rolled back. Even veteran's benefits have been sharply reduced. The War at Home makes sense of these developments by putting the current domestic fallout of war in the context of history - and by turning an unsentimental eye on the domestic motivations of American militarism.

Our financial crisis: what happened, how we got here, and what needs to be done Henry Kaufman-an esteemed economist and statesman-is one of the most preeminent financial figures of the day, with a history of success from the 1980s, when his firm, Salomon Brothers, ruled the bond markets. In The Road to Financial Reformation , Dr. Kaufman, who has spent a lifetime entrenched in the world of finance, provides an insightful account of the history and impact of post-World War II financial markets on the economy-what happened, how we got to where we are today, and what needs to be done. Drawing on his vast breadth of knowledge and experience, Kaufman reveals the mistakes that got us into this debacle, the consequences-as they have not been fully realized-and how to put our derailed economy back on track. This book details Dr. Kaufman's warnings and concerns expressed repeatedly throughout the last quarter century, and shows that what he predicted came to pass. Provides an insightful account of the history and impact of post-World War II financial markets on the economy Explores the erosion of credit ratings on corporate debt in the late 1980s and the rapid increase in financial concentration of institutions Discusses the blinding faith in models that rely on historical data but fail to take into account economic and financial market structural changes With his breadth of knowledge and experience, Kaufman details that this crisis was foreseeable (he saw it coming), and how we created this history-making financial crisis. He also explains the consequences still to come, and presents solutions on how we can recover and reform the markets.

Though competition occupies a prominent place in the history of economic thought, among economists today there is still a limited, and sometimes contradictory, understanding of its impact. In Competition and Growth , Philippe Aghion and Rachel Griffith offer the first serious attempt to provide a unified and coherent account of the effect competition policy and deregulated entry has on economic growth. The book takes the form of a dialogue between an applied theorist calling on "Schumpeterian growth" models and a microeconometrician employing new techniques to gauge competition and entry. In each chapter, theoretical models are systematically confronted with empirical data, which either invalidates the models or suggests changes in the modeling strategy. Aghion and Griffith note a fundamental divorce between theorists and empiricists who previously worked on these questions. On one hand, existing models in industrial organization or new growth economics all predict a negative effect of competition on innovation and growth: namely, that competition is bad for growth because it reduces the monopoly rents that reward successful innovators. On the other hand, common wisdom and recent empirical studies point to a positive effect of competition on productivity growth. To reconcile theory and evidence, the authors distinguish between pre- and post-innovation rents, and propose that innovation may be a way to escape competition, an idea that they confront with microeconomic data. The book's detailed analysis should aid scholars and policy makers in understanding how the benefits of tougher competition can be achieved while at the same time mitigating the negative effects competition and imitation may have on some sectors or industries.

With the abolition of the slave trade in 1807 and the Emancipation Act of 1833, Britain seemed to wash its hands of slavery. Not so, according to Marika Sherwood, who sets the record straight in this provocative new book. In fact, Sherwood demonstrates that Britain continued to contribute to the slave trade well after 1807, even into the twentieth century. Drawing on government documents and contemporary reports as well as published sources, she describes how slavery remained very much a part of British investment, commerce and empire, especially in funding and supplying goods for the trade in slaves and in the use of slave-grown produce. The nancial world of the City in London also depended on slavery, which - directly and indirectly - provided employment for millions of people. "After Abolition" also examines some of the causes and repercussions of continued British involvement in slavery and describes many of the apparently respectable villains, as well as the heroes, connected with the trade - at all levels of society. It contains important revelations about a darker side of British history, previously unexplored, which will provoke real questions about Britain's perceptions of its past