Charles Koch Institute Hosts: Dr. Tim Kane for discussion entitled...
America and the Ghost of Great Powers Past
Dr. Tim Kane
Chief Economist, Hudson Institute
Co-author, "Balance: The Economics of Great Powers from Ancient Rome to Modern America"
Thursday, October 17
Loews Madison Hotel
1177 15th St NW, Washington, D.C., DC 20005
Remarks and Q&A
Remarks to be followed by drinks and hors d'oeuvres
The Ming Dynasty, Holy Roman Empire, Imperial Britain: These are but a few of dozens of examples of once great civilizations that met an untimely demise. Each was an economic, political, and military powerhouse of their time, yet none could sustain their great success. What do all of these examples have in common?
In his latest book, co-authored with Glenn Hubbard, Dr. Tim Kane explains how few of these nations fell to outside invaders, but instead secured their own demise through corporate welfare, currency debasement, economic imbalances, and crumbling political institutions, and he questions whether we are heading toward the same fate given the current economic and political imbalances in the United States.
Join Dr. Kane for a discussion of the challenges ahead - and possible policy solutions - for America.
The first 100 attendees will each receive a signed copy of Dr. Kane's book, Balance: The Economics of Great Powers from Ancient Rome to Modern America.
"The history of economic folly that they skillfully recount in 'Balance' is a timely reminder that societies that seem invincible are often anything but." - Wall Street Journal
"In seeking to discover what might be common factors throughout history to explain the rise and decline of powerful states, Kane has succeeded in identifying surprisingly similar trajectories. Their thought-provoking analysis has compelling relevance for America's future." - Henry Kissinger, former U.S. Secretary of State
"Offers some policy proposals that ought to be taken seriously, even by those who don't agree with all their premises. At the very least, some of these ideas could be used as blueprints for the rare politician seeking some acceptable grounds for compromise." - Time.com
"A readable, data-rich history of the fall of great powers through the eyes of two fiscally troubled US conservatives in 2013." - Financial Times