Pop Internationalism

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  • Format: Paperback
  • Copyright: 1997-02-07
  • Publisher: Mit Pr
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"Pop internationalists"-people who speak impressively about international trade while ignoring basic economics and misusing economic figures are the target of this collection of Paul Krugman's most recent essays. In the clear, readable, entertaining style that brought acclaim for his best-selling Age of Diminished Expectations, Krugman explains what real economic analysis is. He discusses economic terms and measurements, like "value-added" and GDP, in simple language so that readers can understand how pop internationalists distort, and sometimes contradict, the most basic truths about world trade. All but two of the essays have previously appeared in such publications as Foreign Affairs, Scientific American, and the Harvard Business Review. The first five essays take on exaggerations of foreign competition's effects on the U.S. economy and represent Krugman's central criticisms of public debate over world trade. The next three essays expose further distortions of economic theory and include the complete, unaltered, controversial review of Laura Tyson's Who's Bashing Whom. The third group of essays highlights misconceptions about competition from less industrialized countries. The concluding essays focus on interesting and legitimate economic questions, such as the effects of technological change on society.

Table of Contents

Competitiveness: A Dangerous Obsessionp. 3
Proving My Pointp. 25
Trade, Jobs, and Wagesp. 35
Does Third World Growth Hurt First World Prosperity?p. 49
The Illusion of Conflict in International Tradep. 69
Myths and Realities of U.S. Competitivenessp. 87
Economic Shuttle Diplomacy: A Review of Laura D'Andrea Tyson's Who's Bashing Whom?p. 105
What Do Undergrads Need to Know about Trade?p. 117
Challenging Conventional Wisdomp. 129
The Uncomfortable Truth about NAFTAp. 155
The Myth of Asia's Miraclep. 167
Technology's Revengep. 191
The Localization of the World Economyp. 205
Indexp. 215
Table of Contents provided by Blackwell. All Rights Reserved.

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