globalization

globalization

Type
Link
Cost
Paid
Published
2008
Full Name
globalization: n. the irrational fear that someone in China will take your job

“The book's strength lies in its clear application of basic economic principles to reveal the hidden logic (and illogic) of claims about globalization's causes and effects.”

— Choice

"In the process of dispelling . . .simplistic myths of economic globalization, Greenwald and Kahn present an alternative history based on facts . . . Refreshingly, their conclusions cut across traditional ideological chasms. . . Greenwald and Kahn challenge much of the conventional knowledge about globalization and offer investors a long-run look into macroeconomic developments. They present intriguing insights based on facts rather than political ideology. That's exactly what Foolish investors want to hear."

 Motley Fool


"Columbia professor and economist Bruce Greenwald, abetted by collaborator Judd Kahn, deftly punctures the prevailing wisdom on the effects of international trade, arguing that most of the books and reporting on the subject deal with this complex, multidimensional phenomenon simplistically, anecdotally and incorrectly… It's not globalization that's screwing things up. On the contrary. Overriding local political and economic interests subvert the flow of commerce, which introduces disparities and deficits that result in trade imbalances, inflation, deflation and unemployment."–Richard Pachter, "globalization myths debunked,"

— The Miami Herald