Very rarely, you read a book that inspires you to see a familiar story in an entirely different way. So it was with Adam Tooze’s astonishing economic history of World War II, The Wages of Destruction. And so it is again with his economic history of the First World War and its aftermath, The Deluge. They amount together to a new history of the 20th century: the American century, which according to Tooze began not in 1945 but in 1916...
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