The Myth of America's Decline

Book excerpt: “A bracing and intelligent reminder that, for all its woes, America remains extraordinarily dynamic, innovative, and resilient.”—Fareed Zakaria Hailed by the Wall Street Journal as one of the best books of 2013, The Myth of America’s Decline is a highly provocative look at how the United States, for all its failings, continues to be the leading business, political, and intellectual model for all other nations. In a world where America bashers constantly chortle that the United States is in decline, Josef Joffe, using lively historical examples and empirical economic models, demonstrates that these doomsday contentions are flawed, and that America—even when compared with a resurgent China—is the land where the future is being born.