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"[Markets] need central banks and fiscal institutions to avert financial panics and moderate business cycles"?? C'mon Mr. Rodrik, you can't say that with a straight face.
Commented May 16, 2011 on Why do (some, mostly international) economists dislike democracy so much? at Dani Rodrik's weblog
Why do (some, mostly international) economists dislike democracy so much?
My newest Project Syndicate column was stimulated, if that is the right word, by a comment made by a discussant at a recent book launch for The Globalization Paradox. "Rodrik wants to make the world safe for politicians," complained the discussant, and this set me off thinking. Here is the resul...
"States are weakened, perhaps fatally, as globalization advances". If only. You obviously don't follow Latin American news too closely. Being from Latin America I wish international rules/globalization would constrain national govts.
Commented Mar 15, 2011 on Another nice review of The Globalization Paradox at Dani Rodrik's weblog
Another nice review of The Globalization Paradox
This one comes from Bob Kuttner of The American Prospect. [Rodrik’s] new book, The Globalization Paradox, is simply the best recent treatment of the globalization dilemma that I've read, by an economist or anyone else. The paradox of his title is the fact that markets need states, but states ar...
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