America in the Age of Descent
by Edward Luce
"Gentlemen, we have run out of money. It is time to start thinking." - Sir Ernest Rutherford, winner of the Nobel Prize in Nuclear Physics
Time to Start Thinking is a book destined to spark debate among liberals and conservatives alike. Drawing on his decades of exceptional journalism and his connections within Washington and around the world, Luce advances a carefully constructed and controversial argument, backed up by interviews with many of the key players in politics and business, that America is losing its pragmatism - and that the consequences of this may soon leave the country high and dry.
Luce turns his attention to a number of different key issues that are set to affect America's position in the world order: the changing structure of the US economy, the continued polarization of American politics; the debilitating effect of the "permanent election campaign"; the challenges involved in the overhaul of the country's public education system; and the health - or sickliness - of American innovation in technology and business. His conclusion, "An Exceptional Challenge" looks at America's dwindling options in a world where the pace is increasingly being set elsewhere. While many Americans believe that their country can and should retain its status as a global superpower, Luce sees this as an increasingly unlikely scenario, unless Americans themselves can stand up against the country's increasingly plutocratic character. America has bounced back successfully from the shocks of The Great Depression and the Soviet launch of Sputnik, but Luce wonders if the next crisis in American confidence may knock it off the top-dog position for good.
As distressing as it is important, Time to Start Thinking presents an America in economic, social, and political crisis, in danger of losing its most defining and vital characteristic: its pragmatism.
"A sobering account of the U.S. in decline... Despite ample doom and gloom, Luce's analysis is sound, and his data irrefutable - required reading for pessimists and pious optimists alike." - Publishers Weekly
"Warning: this book could be a danger to your peace of mind. One of the finest journalists of our time, Ed Luce has crisscrossed the United States, trying to understand what ails the country and what must be done. His conclusions are highly disturbing - and may sometimes set your teeth on edge - but they are a "must read." Once again, a visitor to these shores has written a masterful portrait of America." - David Gergen, professor, Harvard Kennedy School; senior political analyst, CNN
"In a tradition stretching back to de Tocqueville, sympathetic foreigners are often the keenest observers of American life. Edward Luce is one such person. He paints a highly disturbing picture of the state of American society, and of the total failure of American elites to come to grips with the real problems facing the country. It rises far above the current political rhetoric by its measured reliance on facts rather than canned ideological posturing to reach its conclusion." - Francis Fukuyama, author of The End Of History and The Last Man
"Time to Start Thinking is not only a wonderful tapestry of the current state of America, it provides a deeply insightful narrative on the origins of our current economic and political malaise. Ed Luce is a brilliant reporter who has spoken to everyone: CEOs and members of the cabinet, lobbyists and small town mayors, recent MBAs and unemployed teachers. In his acutely observed, often witty, and very humane portraits he succeeds in converting the abstractions of economics and bringing them to life. This is a book that will transform the way you think about this country." - Liaquat Ahamed, Pulitzer prize-winning author of The Lords of Finance
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Any "Author Information" displayed below reflects the author's biography at the time this particular book was published.
Edward Luce was a speech writer for the Secretary of the Treasury Lawrence Summers and now works as the chief U.S. columnist for the Financial Times. He is the author of the national best seller In Spite of the Gods, and lives in Washington, D.C.
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