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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." Friedrich Hayek Auto Scanner
Bringing common sense back to the globalization debate
Suppose that the world’s leading policymakers were to meet again in Bretton Woods, New Hampshire, to design a new global economic order. They would naturally be preoccupied with today’s problems: the eurozone crisis, global recovery, financial regulation, international macroeconomic imbalance...
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How I spent my winter break
In December I traveled to Turkey with my wife and young son, as we do every year during winter break. This time, though, we had more than visiting family and friends in mind. We were on a mission to demonstrate that what many have called the trial of the century in Turkey is in fact a sham built...
I totally agree with you that style and argument, always at eye level with his readers, are produced by the economist Dani Rodrik, well-founded arguments that neo-liberal view is not to globalization and world trade to help you. Thanks
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Das Globalisierungs-Paradox
For those of you who would rather read my new book in German, it will be out on February 23rd. For more information on it, click here. Translations into Spanish, Italian, Turkish, Greek, Chinese, and British English are also forthcoming.
A system of capitalism presumes sound money, not fiat money manipulated by a central bank,Auto Scanner
“So, Professor, what does your book tell us about the uprisings in the Middle East?”
The honest answer is: “Well, not all that much.” But try saying that in response to the first question that your interlocutor asks you on a radio interview that your publisher’s publicist has arranged for you. You mumble instead something about how despite globalization, we have not all become “...
I have watched them 3 times. Now I will focus more on Pretty Little Liars Season 1 DVD to figure out who is "A". Curb Your Enthusiasm DVD is also amazing even if i have never watched it before!Auto Scanner
More on growth-reducing structural change
In an earlier post, I presented some preliminary results on what I called “growth-reducing structural change.” This refers to the highly anomalous and puzzling phenomenon whereby labor moves from high- to low-productivity activities. In joint work with Maggie McMillan (Tufts and IFPRI) we have n...
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