Praise For globaliza'tion
"In the process of dispelling simplistic myths of economic globalization, Greenwald and Kahn present an alternative history based on facts. Refreshingly, their conclusions cut across traditional ideological chasms . . . Greenwald and Kahn challenge much of the conventional knowledge about globalization and offer investors a long-term look into macroeconomic developments. They present intriguing insights based on facts rather than political ideology. That's exactly what Foolish investors want to hear."
—The Motley Fool
"A creative and original work from one of this country's greatest minds. Greenwald cuts through the clichés and conventional wisdom to give readers a true understanding of the forces that are shaping the world. He dispels myths and provides an insightful guide for governments and businesses that need to know how to cope with globalization."
—Joseph E. Stiglitz, Nobel Laureate in Economics, 2001
"Absolutely the smartest book on globalization yet. No ideological ax-grinding, fact-free assertion, or mindless extrapolation. Just brilliant insights, compelling predictions, plain speaking, and an unrivalled command of data and business behavior. globalization confirms Bruce Greenwald's iconic status as a corporate strategy guru who understands how the global economy really works and can explain it to the rest of us."
—Sylvia Nasar, author of A Beautiful Mind
In globalization, Greenwald and Kahn cut through the myths surrounding globalization and look at its real impact, presenting a more accurate picture of the present status of globalization and its future consequences. There has clearly been a glaring need for a straightforward, inclusive, and digestible presentation of the wide range of systematic data that addresses the question of the likely future of globalization. This timely book meets this need.
Columbia professor and economist Bruce Greenwald, abetted by collaborator Judd Kahn, deftly punctures the prevailing wisdom on the effects of international trade, arguing that most of the books and reporting on the subject deal with this complex, multidimensional phenomenon simplistically, anecdotally and incorrectly . . . It's not globalization that's screwing things up. On the contrary. Overriding local political and economic interests subvert the flow of commerce, which introduces disparities and deficits that result in trade imbalances, inflation, deflation and unemployment.