All Posts Tagged With: "globalization"

From Subsistence to Exchange and Other Essays by Peter Bauer

Princeton University Press • 2000 • 168 pages • $19.95 Recent protests at the World Trade Organization meetings in Seattle, the International Monetary Fund in Washington, D.C., and the Republican and Democratic national conventions, seem to have reinvigorated the critics of globalization. Are economists at a loss to answer those protests? Sadly, Lord Bauer has [...]

1Jun2001 | | 0 comments | Continued

The Anti-Capitalist Children of Capitalism

Alex Moseley has taught economics at the university level and is currently finishing two books for publication. The irony of the anti-capitalist protests that have plagued gatherings of world leaders in Seattle and Prague, and that threaten to disrupt any future such meetings, is that despite the atavism of the activists’ ideology, their means depend [...]

1Mar2001 | | 1 comment | Continued

The Return to a Global Economy

If we want to understand the current advance of global capitalism, it is worth remembering that a liberal international economic order has actually arisen twice, first at the end of the nineteenth century and now at the end of the twentieth.[1] In many ways, the world economy has simply caught up to where it was 100 years ago, prompting prominent economists to question whether the level of international integration is as high now as it was before the interruptions of two world wars and the Great Depression.

1Nov2000 | | 0 comments | Continued

The Lexus and the Olive Tree: Understanding Globalization

Thomas Friedman has written a very surprising book. Surprising not in what he has written, but in that Thomas Friedman wrote it. Friedman is the foreign affairs columnist for the New York Times, and is probably known to readers of Ideas on Liberty as a moderately “liberal” establishment journalist. He is certainly not known as [...]

1Aug2000 | | 0 comments | Continued

Stick to the Facts, Please

Tomas Larsson is a Swedish journalist, based in Thailand. He is a columnist for Finanstidningen, Sweden’s leading financial daily, and author of a recent book on globalization. “The Least Developed Countries 1999 Report” recently released by the United Nations Conference onTrade and Development (UNCTAD) in Bangkok paints a grim picture of the effects of global [...]

1Jul2000 | | 0 comments | Continued

Economic Growth and Freedom in the Coming Millennium

There are many reasons to believe that the year 2000 will usher in a period of rising living standards and greater overall freedom. This positive outlook is supported by the experience of emerging economies in Asia and Latin America, as well as the transition economies escaping from the disasters of authoritarian socialism and communism. What [...]

1Apr2000 | | 1 comment | Continued

Markets Need a Hidden Fist?

When I want to jump-start my Sunday by kicking up my blood pressure a few points, I head down the driveway for the Sunday New York Times. Some weeks it is the front page that does the trick, other weeks the op-ed page. Few Sundays have given me a more eye-popping, artery-clearing boost, however, than [...]

1Aug1999 | | 0 comments | Continued

Market Worship?

As we approach the millennium, the pace of economic change quickens. Consumers have always wanted better products at lower prices. But in today’s economy, the market delivers “better and cheaper” more quickly than at any time in human history The time between product improvements gets shorter and shorter. Competition drives prices lower. It’s a wonderful [...]

1Jan1999 | | 0 comments | Continued

It Just Ain’t So!

(Jonathan Schlefer’s article can be found on the World Wide Web at www.theatlantic.com/issues/98mar/misquote.htm.) We should have an annual awards event called the “Economic Bloopers Bash.” Straight-thinking economists and others could be entertained by dramatic renderings of allegedly serious articles, official documents, and broadcasts issued during the previous twelve months. The uproar from the audience would [...]

1Aug1998 | | 1 comment | Continued

One World, Ready or Not: The Manic Logic of Global Capitalism by William Greider

Simon & Schuster • 1997 • 528 pages • $27.50 Stanley Kober is a research fellow in foreign policy studies at the Cato Institute. The American economy is booming. Unemployment and inflation are low. Exports are soaring, and the budget deficit is shrinking as revenues exceed everyone’s expectations. But William Greider isn’t happy. The real [...]

1Feb1998 | | 0 comments | Continued

The Future of Capitalism

Dr. Bellante is a professor of economics at the University of South Florida in Tampa. The late Austrian economist Ludwig Lachmann was fond of saying that the future is not knowable, but it is imaginable. In The Future of Capitalism, Lester Thurow has put his imagination to work. His method is to use an analogy [...]

1Sep1996 | | 0 comments | Continued
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