“Meet the economic gangster. He’s the United Nations diplomat who double-parks his Mercedes on New York City streets at rush hour because the cops can’t touch him–he has diplomatic immunity. He’s the Chinese smuggler who dodges tariffs by magically transforming frozen chickens into frozen turkeys. The dictator, the warlord, the unscrupulous bureaucrat who bilks the […]

“In One Economics, Many Recipes, leading economist Dani Rodrik argues that neither globalizers nor antiglobalizers have got it right. While economic globalization can be a boon for countries that are trying to dig out of poverty, success usually requires following policies that are tailored to local economic and political realities rather than obeying the dictates of […]

“Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things.” So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern […]

<style=”font-size: 14px;”>”World hunger, jobs, the overall economic prospects of developing and developed countries alike are all being shaped more and more by the international negotiations about trade, agriculture, services, investment and intellectual property rights going on at the World Trade Organization (WTO). Based on interviews with people actually participating in the negotiations, this remarkable book […]

“Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is […]