Straight Talk on Trade: Ideas for a Sane World Economy
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Straight Talk on Trade: Ideas for a Sane World Economy
An honest discussion of free trade and how nations can sensibly chart a path forward in today's global economy Not so long ago the nation state seemed to be on its deathbed, condemned to irrelevance by the forces of globalization and technology. Now it is back with a vengeance, propelled by a groundswell of populists around the world. In Straight Talk on Trade, Dani Rodrik, an early and outspoken critic of economic globalization taken too far, goes beyond the populist backlash and offers a more reasoned explanation for why our elites' and technocrats' obsession with hyper globalization made it more difficult for nations to achieve legitimate economic and social objectives at home: economic prosperity, financial stability, and equity. Rodrik takes globalization's cheerleaders to task, not for emphasizing economics over other values, but for practicing bad economics and ignoring the discipline's own nuances that should have called for caution. He makes a case for a pluralist world economy where nation states retain sufficient autonomy to fashion their own social contracts and develop economic strategies tailored to their needs. Rather than calling for closed borders or defending protectionists, Rodrik shows how we can restore a sensible balance between national and global governance. Ranging over the recent experiences of advanced countries, the eurozone, and developing nations, Rodrik charts a way forward with new ideas about how to reconcile today's inequitable economic and technological trends with liberal democracy and social inclusion. Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today's world economy and its dilemmas, and offers a visionary framework at a critical time when we need it most.
Dani Rodrik
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Rodrik, Dani: Straight talk on trade: ideas for a sane world economy
Enrico Colombatto
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Dani Rodrick Straight Talk on Trade: Ideas for a Sane World Economy Princeton University Press: 2018 ISBN 978 0 691 17784 7
Dani Rodrick is Professor of Political Economy at the Harvard University and has been a vocal critic for over a decade of what he sees as the unbridled tide of globalization present in today's worldwide economy. Dani Rodrick's Straight Talk on Trade: Ideas for a Sane World Economy was published in 2018 by the Princeton University Press, United Kingdom. In this volume, Dani attempts to set the record straight, and not just about trade, as the title suggests, but about several areas in which economists could have offered a more balanced, principled discussion. Dani debated that when economists shade their arguments, they effectively favour one set of self interested parties over another. Also, he pointed out that market failures, including poorly functioning labor markets, credit market imperfections, knowledge or environmental externalities, and monopolies can interfere with reaping gains from globalization. The volume presents nontechnical work on globalization, growth, democracy, politics, and the discipline of economics itself and thereby it shows how we could have constructed a more honest narrative on the world economy. Dani also suggests ideas for moving forward to create better functioning national economies, so that it ensures better outcomes from the globalization for better future for everyone in the world.
Samudu Perera
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Straight Talk on Trade: Ideas for a Sane World Economy by Dani Rodrik Princeton University Press, 2018
Antonio Salvador M Alcazar
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Straight talk on trade: ideas for a sane world economy, by Dani Rodrik
relations. Recognising the colonial legacies of present day forms of exploitation, exclusion and dispossession are certainly important, but may not be totally sufficient in order to capture the new and complex forms of control, subordination and accumulation in today's multi polar world. Nonetheless, this theoretically diverse and empirically rich collection of essays offers important insights into the dynamics of dispossession, historically and today.
Timika Elliott Philippe LeMay-Boucher
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My life, our times; Grave new world: the end of globalization, the return of history; Straight talk on trade: ideas for a sane world economy
Paola Subacchi
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Dani Rodrik Straight Talk on Trade. Ideas for a sane world economy. Princeton University Press, 2018, 316 pags
Beatriz Benitez Aurioles
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Straight Talk on Trade: Ideas for a Sane World Economy by Dani Rodrik
Boris Begovic
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Dani Rodrik: Straight talk on trade ideas for a Sane World Economy
Stuart P M Mackintosh
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Straight Talk on Trade. Ideas for a sane world economy.
Beatriz Benitez-Aurioles