Thursday, March 27, 2014

The Myth of America's Decline: Politics, Economics, and a Half Century of False Prophecies by Josef Joffe



The Myth of America's Decline by Josef Joffe

This was a very good book on economic policy of the United States, and world politics in general. Joffe is clearly a genius of both economics and politics. I received a free copy of this book as a "first read" from Goodreads, and was not disappointed. I expected it to be a bunch of biased babbling about the current state of the economy. What I found was a history of economic policy in the U.S. and throughout the world, and how each "tide" of the economy guided politics and then led to chances in the economic future. I love the way the author traced the "gloom and doom" mentality all the way to Daniel in the Bible, and showed not only the way politicians have used this philosophy since that time, but the flaw in the perspective that the economy is headed for a big crash. Joffe illustrates how economic decline is part of a cycle, and how strong countries such as the U.S. will always have a means to change the cycle. 

The Bottom Line:  Every registered voter should read this book.

Rating:  90



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