Summer Vacation Must-Reads!

I’ve been a fan of the Wall Street Journal for a long time and was delighted they named The Price of Prosperity to the list of “Eight Summer Vacation Must-Reads.” I’m pleased to share advertising space with Daniel Silva and Russell Banks.  

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My Favorite Newspaper

The Times of London is now my favorite newspaper.  Christopher Hart’s penetrating review of The Price of Prosperity catapulted the book to #1 on Amazon’s best-seller list for history, business, and political economy.  In addition, the Times found this nifty photo that makes me look like an omnipotent Zen-master.  Or a James Bond villain.  I’m neither. …
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Grappling with the Paradox of Theft

Why are rich countries broke? In Investors Business Daily (and below) I explain “The Paradox of Theft” — As tourists hurry past the National Debt clock near Times Square — which flashes quickly changing numbers topping $19 trillion — many wonder, How can a rich nation like the U.S. owe so much money? I call it …
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Brexit — and What’s Next?

What should the Brits do?  Here’s my Bloomberg radio interview.  The EU does not want to make Brexit easy for the UK, because the EU fears that the Danes and Dutch will scamper away next, following the British example.  To dissuade the Danes and Dutch, the EU would like to extract from Britain, if not a pound …
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Wall Street Journal has Good Taste

The Price of Prosperity received a strong review from the Wall Street Journal.  Former editor George Melloan wrote such lovely things about me that I’ve decided to…renew my subscription!  Here’s an excerpt: “Mr. Buchholz wryly observes that when rich nations begin to shatter, “everyone has a comfy bed—but fewer people have a reason to get out of …
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Come Back to North America, Great Britain!

Brexit shows how globalization can rip apart alliances.  That’s The Price of Prosperity!  Even though the UK’s economy is growing, an increasing number of Brits resent losing control over their country, amid bigger bureaucracies and waves of immigration.  Polls and betting markets were fooled because closet Brexiteers thought it was impolite to admit their support while dining in …
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5 Factors that Could Turn America into Another Collapsed Empire

Have you ever met an Ottoman?  Or a Habsburg?  Neither have I.  Where did they go?  Those empires ruled much of Europe, the Middle East and North Africa.  Nations are just as likely to unravel after periods of prosperity as after periods of depression.  In my just-released The Price of Prosperity, I set out the five …
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Where Have All the Babies Gone?

We used to size up a man by counting his children.  Now we count Rolex watches, six-pack abs, and Instagram followers.  Take a look at my essay in TIME.  America has more golf courses than McDonalds.  Really.  The Real Threat of an Aging Population

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Why We’ll Never Build Another Golden Gate

When the Golden Gate Bridge opened on May 27, 1937, 200,000 pedestrians strolled and frolicked along its pavement, chomping on 50,000 hot dogs and other treats. In the 1930s it took four years to build this beautiful bridge – while battling fog, rough waters, and the Great Depression. It was completed under budget and ahead …
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The Time I Beat Johnny Depp:  Sneak Preview!

In a small, windowless room inside a huge, nondescript office building a few miles from Lake Michigan, I recorded the audio for my forthcoming book The Price of Prosperity: Why Rich Nations Fail and How to Renew Them. Listen to a sneak preview here. What does it take to read aloud a 330 page book? Twelve mugs …
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