In 1913, after a series of disastrous financial panics shook the nation, Congress was persuaded to approve the landmark Federal Reserve Act. Renowned financial author Roger Lowenstein reveals the rich history and key players behind the drama-filled creation of America’s central bank, which ultimately enabled the young country to become a global financial powerhouse.
The United States emerged as the world’s sole superpower after the collapse of the Soviet Union. But as foreign economies rapidly expand and investments move overseas, America now finds itself in an increasingly competitive world. Facing myriad concerns, including high unemployment and a ballooning national debt, how can the United States reassert itself as a formidable competitor and innovator on the international stage?
Armed with the world’s largest population and stunning economic and technological growth, China has emerged as a world superpower; it has been one of the most dramatic developments of our time. Is China poised to replace the United States as the world’s most influential nation? Is that change inevitable? Or has it already happened? Experts discuss China’s continued rise and how America’s role in world affairs will change.