How the West Was Lost: Fifty Years of Economic Folly--and the Stark Choices Ahead

The renowned economist and New York Times–bestselling author presents a "succinct and sophisticated" account of Western economic decline (Paul Collier, The Observer).

Amid the hype of China's economic rise, the most important story of our generation is being pushed aside: America is not just in decline, but on course to become the biggest welfare state in the history of the West. As prize-winning economist Dambisa Moyo demonstrates in How the West Was Lost, the real danger is at home.

While ...