Balance (2013 Book)
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Balance (2013 Book)
''Balance: The Economics of Great Powers from Ancient Rome to Modern America'', known colloquially as ''Balance'' is a non-fiction economic history text written by former US intelligence officer and economist Captain Tim Kane and economist Glenn Hubbard. While criticized for its brevity across a wide range of historical matters, it has become an often cited text in the debate around American Isolationism and fiscal policy. Summary The text's principal concern is why economic imbalances have historically caused civil collapse, and asks whether The United States could experience a similar decline. The book summarizes the fall of a range of civilizations, including the Ming Dynasty, Ottoman Turkey and Imperial Spain, and reflects on the resulting patterns within their socioeconomic, military and political policies. From this, Kane and Hubbard introduce a new measure of economic power, based around fiscal balance, national debt and social spending. The text is particularly critic ...
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WikiProject Novels
A WikiProject, or Wikiproject, is a Wikimedia movement affinity group for contributors with shared goals. WikiProjects are prevalent within the largest wiki, Wikipedia, and exist to varying degrees within sister projects such as Wiktionary, Wikiquote, Wikidata, and Wikisource. They also exist in different languages, and translation of articles is a form of their collaboration. During the COVID-19 pandemic, CBS News noted the role of Wikipedia's WikiProject Medicine in maintaining the accuracy of articles related to the disease. Another WikiProject that has drawn attention is WikiProject Women Scientists, which was profiled by '' Smithsonian'' for its efforts to improve coverage of women scientists which the profile noted had "helped increase the number of female scientists on Wikipedia from around 1,600 to over 5,000". On Wikipedia Some Wikipedia WikiProjects are substantial enough to engage in cooperative activities with outside organizations relevant to the field at issue. For e ...
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WikiProject Books
A WikiProject, or Wikiproject, is a Wikimedia movement affinity group for contributors with shared goals. WikiProjects are prevalent within the largest wiki, Wikipedia, and exist to varying degrees within sister projects such as Wiktionary, Wikiquote, Wikidata, and Wikisource. They also exist in different languages, and translation of articles is a form of their collaboration. During the COVID-19 pandemic, CBS News noted the role of Wikipedia's WikiProject Medicine in maintaining the accuracy of articles related to the disease. Another WikiProject that has drawn attention is WikiProject Women Scientists, which was profiled by '' Smithsonian'' for its efforts to improve coverage of women scientists which the profile noted had "helped increase the number of female scientists on Wikipedia from around 1,600 to over 5,000". On Wikipedia Some Wikipedia WikiProjects are substantial enough to engage in cooperative activities with outside organizations relevant to the field at issue. For e ...
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Tim Kane
Timothy Joseph Kane (born April 28, 1968) is an American economist who is the President and Founder of The American Lyceumwww.theamricanlyceum.orga 501(c)(3) organization seeking to promote solution-focused, civic debate. Kane was the JP Conte research fellow at the Hoover Institution, where he specialized in immigration reform. He is a former U.S. Air Force intelligence officer with two overseas tours of duty. After leaving the service, Kane explored a career in start-up technology firms while pursuing a Ph.D. in economics. After working as a teaching professor of economics, Kane served on the Joint Economic Committee of the U.S. Congress and was director of the Center for International Trade and Economics at The Heritage Foundation. Kane was also an editor of the ''2007 Index of Economic Freedom'', co-published by ''The Wall Street Journal'' and the Heritage Foundation, and is the author of the book ''Bleeding Talent: How the U.S. Military Mismanages Great Leaders and Why It's ...
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Economic History
Economic history is the academic learning of economies or economic events of the past. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of topics, including equality, finance, technology, labour, and business. It emphasizes historicizing the economy itself, analyzing it as a dynamic force and attempting to provide insights into the way it is structured and conceived. Using both quantitative data and qualitative sources, economic historians emphasize understanding the historical context in which major economic events take place. They often focus on the institutional dynamics of systems of production, labor, and capital, as well as the economy's impact on society, culture, and language. Scholars of the discipline may approach their analysis from the perspective of different schools of economic thought, such as mainstream e ...
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Simon And Schuster
Simon & Schuster () is an American publishing company and a subsidiary of Paramount Global. It was founded in New York City on January 2, 1924 by Richard L. Simon and M. Lincoln Schuster. As of 2016, Simon & Schuster was the third largest publisher in the United States, publishing 2,000 titles annually under 35 different imprints. History Early years In 1924, Richard Simon's aunt, a crossword puzzle enthusiast, asked whether there was a book of ''New York World'' crossword puzzles, which were very popular at the time. After discovering that none had been published, Simon and Max Schuster decided to launch a company to exploit the opportunity.Frederick Lewis Allen, ''Only Yesterday: An Informal History of the 1920s'', p. 165. . At the time, Simon was a piano salesman and Schuster was editor of an automotive trade magazine. They pooled , equivalent to $ today, to start a company that published crossword puzzles. The new publishing house used "fad" publishing to publish bo ...
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American Isolationism
United States non-interventionism primarily refers to the foreign policy that was eventually applied by the United States between the late 18th century and the first half of the 20th century whereby it sought to avoid alliances with other nations in order to prevent itself from being drawn into wars that were not related to the direct territorial self-defense of the United States. Neutrality and non-interventionism found support among elite and popular opinion in the United States, which varied depending on the international context and the country's interests. At times, the degree and nature of this policy was better known as isolationism, such as the interwar period. Due to the start of the Cold War in the aftermath of World War II end and the rise of the United States as a global superpower, its traditional foreign policy turned towards American imperialism with diplomatic and military interventionism, engaging or somehow intervening in virtually any overseas armed confli ...
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US Fiscal Policy
Fiscal policy is any changes the government makes to the national budget to influence a nation's economy. "An essential purpose of this Financial Report is to help American citizens understand the current fiscal policy and the importance and magnitude of policy reforms essential to make it sustainable. A sustainable fiscal policy is explained as the debt held by the public to Gross Domestic Product which is either stable or declining over the long term" (Bureau of the fiscal service). The approach to economic policy in the United States was rather laissez-faire until the Great Depression. The government tried to stay away from economic matters as much as possible and hoped that a balanced budget would be maintained. Prior to the Great Depression, the economy did have economic downturns and some were quite severe. However, the economy tended to self-correct so the laissez faire approach to the economy tended to work. President Franklin D. Roosevelt first instituted fiscal policie ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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The United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americans ...
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Aging Of Japan
Japan has the highest proportion of elderly citizens of any country in the world. According to 2014 estimates, about 38% of the Japanese population is above the age of 60, 25.9% are age 65 or above, a figure that increased to 29.1% by 2022. People aged 65 and older in Japan make up a quarter of the total population, and are estimated to reach a third by 2050. The aging of Japanese society, characterized by sub-replacement fertility rates and high life expectancy, is expected to continue. Japan had a post-war baby boom between 1947 and 1949, followed by a prolonged period of low fertility. These trends resulted in the decline of Japan's population beginning in 2011. In 2014, Japan's population was estimated to be 127 million; this figure is expected to shrink to 107 million (16%) by 2040 and to 97 million (24%) by 2050, should the current demographic trend continue. A recent global analysis found that Japan was one of 23 countries which could see a total population decline ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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The Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherida ...
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