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Title: The Race to the Top: The Real Story of Globalization by Tomas Larsson ISBN: 1930865155 Publisher: National Book Network Pub. Date: 15 November, 2001 Format: Paperback Volumes: 1 List Price(USD): $9.95 |
Average Customer Rating: 3.88
Rating: 2
Summary: typical cato friendly misfirings, innocent people hit
Comment: Check out the cato institutes site, much more interesting and cheaper.
Then rememember who funds cato. Maybe if they'd just come out of the closet that their ideology and analysis is slanted by contributors it wouldn't be side. Check their contribution page, too. No cheapo's are allowed.
The old truism rears it's ugly head: "He who calls the piper calls the tune." especially when it comes to politcal economy.
The world was more global prior to WWI than it is now. All industries have flourished and been rescued as a result of keynesian policies and government intervention. All the buzzwords flying around mean that labor and wages will be further destabilized and thrust downward, all in the name of returns on bonds and stock knockers, the part of the economy that receives the most welfare and protectionism. A stable, productive, and well-paid working class make for a strong economy. This one proposes slight variants on the current pyramid scheming. Should be called something along the lines of "health and happiness through starvation."
From 73 to 97 productivity went up some 37% while wages fell 14%. Fool's progress. This is the trend that people who thrive on this would like to see continue. If this is you then you'll like this book.
Rating: 3
Summary: Good, but too much Asian-focused
Comment: The book is a good read, however, there is too much focus and evidence on Asian countries. This may be due to the author's obvious familiarity with the region. However, this renders the evidence for his case rather skewed and less colourful. Also, the book gets off the track occasionally and loses its touch with the argument for globalization. Frankly, I am not sure whether I liked the book overall or not as I have a feeling that the arguments could have been put forward in less space. I wish it was written in a more succinct way.
Rating: 3
Summary: The Race to the Top: The Real Story of Globalization
Comment: This book certainly attempts to show the merits of free-trade against the alternatives of protectionism, mercantilism or colonialism. However, Larsson's book left many things unsaid. His analysis is too anecdotal, and if I were a anti free-trader (which I am not), then I could by the same token come out and give a multitude of horror stories that are seem to be the result of free trade.
Those of you who wish to buy a comprehensive defense of free trade, this book is not for you. This book is rather a good source of stories and vignettes that would be helpful in a bar argument with the big hairy white guy next to you. Instead, I suggest that you pick up Against the Dead Hand by Brink Lindsey; it is much more comprehensive and gives a concise and accurate history of the struggle to "race to the top."
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Title: Against the Dead Hand: The Uncertain Struggle for Global Capitalism by Brink Lindsey ISBN: 0471442771 Publisher: John Wiley & Sons Pub. Date: 21 December, 2001 List Price(USD): $29.95 |
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Title: The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics by William Easterly ISBN: 026205065X Publisher: MIT Press Pub. Date: 01 July, 2001 List Price(USD): $29.95 |
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Title: Globalization and Its Discontents by Joseph E. Stiglitz ISBN: 0393051242 Publisher: W.W. Norton & Company Pub. Date: June, 2002 List Price(USD): $24.95 |
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Title: Free Trade Under Fire by Douglas A. Irwin ISBN: 0691088438 Publisher: Princeton Univ Pr Pub. Date: April, 2002 List Price(USD): $27.95 |
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Title: Free Trade Today by Jagdish N. Bhagwati ISBN: 0691091560 Publisher: Princeton Univ Pr Pub. Date: January, 2002 List Price(USD): $24.95 |
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