Is the dollar losing its luster as the world's reserve currency, and is deficit spending really a crime? Author Lew Kaplan doesn't think so. What's more, Kaplan points to the urgent need to outperform Communist Russia as the stimulus that drove the United States to develop so aggressively and successfully in the 20th century.
The author traces 20th century history and argues that US prosperity is inexorably linked to the US deficit and that any movement toward reducing the deficit will negatively impact the domestic and global economy; and (2) credits Stalin's missteps and the onset of the Cold War for the economic impetus that made the US economy such an outstanding powerhouse.
About the Author
Lewis E. Kaplan’s 40 years of publishing and business experience have provided him with first-hand knowledge of the impact of currency exchange fluctuations on the domestic market, and the role of the U.S. dollar in the global economy. His first book was God Bless You, Joe Stalin: — The Man Who Saved Capitalism (Algora 2006).This is followed by The Making of the American Dream - An Unconventional History, a work in two volumes.
A lifelong student of history, he attended Cornell University and completed his studies at the University of Aix-en-Provence. During World War II, he served in the Army Air Force in the Pacific. Kaplan was founder of RetailWeek, an award-winning business publication, vice-president of marketing for GENESCO Europa, and president of PLADS, a division of Kellwood Company. He served as a consultant to Fortune 500 corporations.
About the Book
Stalin has been accused of many things; add to the list his role as the father of modern-day economics.
The dramatic narrative traces the evolution of the concept of the Almighty Dollar against the backdrop of the development...
Introduction Chapter 1. Evolution of the Almighty Dollar Chapter 2. The Amazing American Economy Chapter 3. Beyond Good and Evil: A Different Portrait of Joe Stalin
"John Lipsky, first deputy manager of the [IMF] said the fund did not think there was a serious risk of the dollar losing its reserver currency role. 'Notwithstanding the dramatic claims by some, there is no doubt that the dollar will retain the central role,' he said." -- Financial Times, July 23, 2008, page 1.
LC Classification: D843.K336
Dewey code: 940.55--dc22
Price: USD 23.95
Price: USD 32.95
Price: USD 23.95