Audiobook9 hours
Straight Talk on Trade: Ideas for a Sane World Economy
Written by Dani Rodrik
Narrated by Sean Runnette
Rating: 3.5 out of 5 stars
3.5/5
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About this audiobook
In Straight Talk on Trade, Dani Rodrik, an early and outspoken critic of economic globalization taken too far, goes beyond the populist backlash and offers a more reasoned explanation for why our elites' and technocrats' obsession with hyper-globalization made it more difficult for nations to achieve legitimate economic and social objectives at home: economic prosperity, financial stability, and equity.
Rodrik takes globalization's cheerleaders to task, not for emphasizing economics over other values, but for practicing bad economics and ignoring the discipline's own nuances that should have called for caution. He makes a case for a pluralist world economy where nation-states retain sufficient autonomy to fashion their own social contracts and develop economic strategies tailored to their needs. Rather than calling for closed borders or defending protectionists, Rodrik shows how we can restore a sensible balance between national and global governance. Ranging over the recent experiences of advanced countries, the eurozone, and developing nations, Rodrik charts a way forward with new ideas about how to reconcile today's inequitable economic and technological trends with liberal democracy and social inclusion.
Rodrik takes globalization's cheerleaders to task, not for emphasizing economics over other values, but for practicing bad economics and ignoring the discipline's own nuances that should have called for caution. He makes a case for a pluralist world economy where nation-states retain sufficient autonomy to fashion their own social contracts and develop economic strategies tailored to their needs. Rather than calling for closed borders or defending protectionists, Rodrik shows how we can restore a sensible balance between national and global governance. Ranging over the recent experiences of advanced countries, the eurozone, and developing nations, Rodrik charts a way forward with new ideas about how to reconcile today's inequitable economic and technological trends with liberal democracy and social inclusion.
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Reviews for Straight Talk on Trade
Rating: 3.3181818181818183 out of 5 stars
3.5/5
11 ratings1 review
- Rating: 3 out of 5 stars3/5Unconventional but necessary view on trade from renowned economist on the forces and distributional effects of globalization. While the start of the book was promising laying out some framework on state nations to understand how societies can cope with a global economic arrangement accelerated by free trade, I found some structure of the book quite patchy and difficult to follow. By no means the book is a straight talk on trade, but rather a combination of thoughts on political economy, normative statements, and more general concepts that the author has covered in previous books. I was seeking a better and balanced understanding on the concept of trade and its strengths and weaknesses and unfortunately I was left unsatisfied. The book is rather complex, but I appreciate the holistic knowledge and the tour de force exhibited by the author. I might revisit certain sections, but overall I would not recommend the book to the general public.