This pioneering work demystifies the drivers behind political, economic, and social change.
Shaped by his twenty-five years traveling the world and enlivened by encounters with tycoons, presidents, and villagers from Rio to Beijing, Ruchir Sharma’s The Rise and Fall of Nations rethinks the “dismal science” of economics as a practical art.
Narrowing the thousands of factors that can shape a country’s fortunes to ten clear rules, Sharma explains how to spot political, economic, and social changes in real time. He shows how to read political headlines, black markets, the price of onions, and billionaire rankings as signals of booms, busts, and protests.
Set in a post-crisis age that has turned the world upside down replacing fast growth with low growth and political calm with revolt, Sharma’s pioneering book is an entertaining field guide to understanding change in this era or any era.
For many years Ruchir Sharma's writing has drawn on his travels as a global investor, which take him to a different emerging nation every month. Now a contributing writer at the New York Times, his columns and essays have appeared in Foreign Affairs, the Wall Street Journal, the Financial Times, The Times of India, and many other publications, both global and Indian. His earlier books, The Rise and Fall of Nations (2016) and Breakout Nations (2012), both became international bestsellers. In Democracy on the Road, Ruchir brings readers along on his travels through India, where he follows at least one big election every year.
William Hughes is a professor of political science, jazz guitarist, and an actor and narrator. Books he has narrated include FDR: The First Hundred Days by Anthony J. Badger, Brothers, Rivals, Victors by Jonathan W. Jordan, and Lincoln’s Spymaster by David Hepburn Milton.