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Title: The Commanding Heights : The Battle for the World Economy by Daniel Yergin, Joseph Stanislaw ISBN: 0-684-83569-X Publisher: Free Press Pub. Date: 02 April, 2002 Format: Paperback Volumes: 1 List Price(USD): $16.00 |
Average Customer Rating: 4.09 (34 reviews)
Rating: 5
Summary: Offers insightful understanding of globalization.
Comment: Daniel Yergin provides the reader extraordinary insight into contemporary globalization. In a masterful, sweeping work that encompasses economic and social history of the post-war era, Yergin (who won the Pulitzer Prize for "The Prize," his study of the oil industry) and his co-author Joseph Stanislaw help us understand how economies around the world, but especially in the third world, are abandoning the old faith in big government and are embracing the marketplace. But Yergin and Stanislaw also warn that the marketplace -- laissez-faire -- is fraught with perils for countries that don't have sound governance and indigenous institutions and entrepreneurs who are able to function responsibly in an increasingly interdependent world. I found the book's analysis particularly lucid; the chronology at the end, which details the evolution of economic theory as well as cites political trends, should be especially useful to students. This is a book I'd recommend highly for laymen and scholars alike.
Rating: 3
Summary: This is not another "The Prize".
Comment: I was disappointed by this book, but then my expectations were very high after reading Yergin's earlier work on the history of the oil industry (5 stars!). Early on, the authors present us with a historical dilemna: the post World War II nations are distrustful of market economies and experiencing prosperity under centralized, planned economies. Yet market economies take over in a matter of decades. The authors use the strategy of a broad, global view to explain why and how -- with most of the emphasis on how. As a result, the reading is quite repetetive. The thesis is clear: market economies work best. There is almost no discussion on the limitations of market economies -- or of their social consequences. Worse, for those like myself with no background in economics, the implications of the emerging global free-market economy is virtually untouched. My advice... read "The Prize".
Rating: 4
Summary: GREAT BOOK
Comment: Extraordinary ! Hard to write, easy to read ! Academic approach with a non-academic language ! While you are reading this book, you are learning without realizing ! This book makes learning economics enjoyable.
A good look at the battle between government and market forces in the history of economy. New economies, emerging markets, economic thoughts, governments, all of them are included in this book. From China to Argentina, you can trace the history of economic battle between the governments and market forces. All I can say is , if you are interested in world politics and world economics, if you are running for presidency, if you are a businessman or bureaucrat, you need this book in order to get some lessons from the past.
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Title: PRIZE : THE EPIC QUEST FOR OIL, MONEY & POWER by Daniel Yergin ISBN: 0671799320 Publisher: Free Press Pub. Date: 01 January, 1993 List Price(USD): $22.00 |
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Title:Commanding Heights - The Battle for the World Economy ASIN: B00006HAZF Publisher: Wgbh Pub. Date: 30 July, 2002 List Price(USD): $39.95 Comparison N/A, buy it from Amazon for $32.76 |
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Title: The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else by Hernando Desoto, Hernando de Soto, Hernando de Soto ISBN: 0465016154 Publisher: Basic Books Pub. Date: 08 July, 2003 List Price(USD): $16.95 |
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Title: The Road to Serfdom by F. A. Hayek ISBN: 0226320618 Publisher: University of Chicago Press (Trd) Pub. Date: September, 1994 List Price(USD): $9.48 |
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Title: Globalization and Its Discontents by Joseph E. Stiglitz ISBN: 0393324397 Publisher: W.W. Norton & Company Pub. Date: April, 2003 List Price(USD): $15.95 |
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