No Mercy / No Malice: Least Bad

In this book, Paul Kennedy examines the historical patterns of the rise and fall of great powers, including Greece, Rome, Spain, France, Germany, and England. He argues that the strength of a great power is relative to other powers and correlates strongly with available resources and economic durability. Kennedy introduces the concept of 'imperial overstretch,' where military commitments become unsustainable once a power loses its economic competitive edge. The book also predicts the decline of the United States and the Soviet Union and the rise of Japan and China, based on their economic and military strategies.

In this book, Ray Dalio analyzes the most turbulent economic and political periods in history to identify repeating patterns and cause/effect relationships that drive changes in wealth and power. He studies the rise and fall of major empires, including the Dutch, British, American, Chinese, Soviet, and Japanese empires, highlighting the 'Big Cycle' that has driven their successes and failures. Dalio uses these historical insights to offer practical principles for understanding the current world order and preparing for the future. The book is organized into 14 chapters, each focusing on a different aspect of the changing world order, and it weaves together history and economics using real-world examples.