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Title: Pop Internationalism by Paul Krugman ISBN: 0-262-61133-3 Publisher: MIT Press Pub. Date: 07 February, 1997 Format: Paperback Volumes: 1 List Price(USD): $20.00 |
Average Customer Rating: 4.15 (27 reviews)
Rating: 5
Summary: International Economics made easier
Comment: This is an excellent book in the sense that it helps non economists see the truth about the effects of trade on the Economy. Normally, people tend to overestimate the effects of trade treaties such as NAFTA on the U.S. economy and Krugman helps you understand why this isn't true. Common knowledge normally doesn't coincide with economic truth and people are mislead by such things as trade wars between mayor superpowers or trade wars between develop and developing nations. Krugman has the ability of explaing such glamorous issues in layman's terms and that's why this book is great.
Rating: 5
Summary: A great book -- no matter what twits think
Comment: Another reviewer has mentioned that Krugman doesn't take into account that comparative advantages can change over time -- viz, that countries can actually create advantages. He cites Japan's auto industry as an example. Granting for the sake of argument that Japan, Inc. was good at creating certain industries in which it did well, I note a few flaws with his argument. 1) It's kind of outdated to point to Japan as an exemplar of superb economic policymaking. 2) Japan gave up many other things in order to "create" their advantages. 3) Competition in the long run improved the American auto industry. 4) It would be ridiculous to think that Krugman doesn't know about the impact of governments creating advantages in certain industries -- HE INVENTED THAT THEORY!!! (An oversimplification, obviously). Go back and read about the new strategic trade theory -- that's exactly what he's talking about.
Rating: 4
Summary: Krugman and Competition
Comment: Paul Krugman is an intellectual economist with a rebllious streak. In "Pop Internalionalism" Krugman denounces ideas by some of the most well known and respected economists of the 20th century. Krugman uses a plethora of statistics to prove his point.
Krugman tries to prove that there is no economic competition between nations, or if there is it is nominal. His theories are alway well thought out and expressed but it difficult to believe everything he says. He tries to write for the common man, and is writing is very well expressed, intelligent, yet readible by most. It is easy for one to find themeselves rereading paragraphs if he/she does not have a strong understanding of international trade and national business.
Some may say that he is ahead of his time, others may say that his theories are rediculous, but I'll just say he is worth reading.
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Title: The Accidental Theorist and Other Dispatches from the Dismal Science by Paul Krugman ISBN: 0393318877 Publisher: W.W. Norton & Company Pub. Date: 01 April, 1999 List Price(USD): $13.95 |
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Title: Peddling Prosperity: Economic Sense and Nonsense in an Age of Diminished Expectations by Paul Krugman ISBN: 0393312925 Publisher: W.W. Norton & Company Pub. Date: April, 1995 List Price(USD): $15.95 |
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Title: The Return of Depression Economics by Paul R. Krugman ISBN: 0393320367 Publisher: W.W. Norton & Company Pub. Date: 15 May, 2000 List Price(USD): $13.95 |
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Title: The Great Unraveling: Losing Our Way in the New Century by Paul Krugman ISBN: 0393058506 Publisher: W.W. Norton & Company Pub. Date: September, 2003 List Price(USD): $25.95 |
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Title: International Economics: Theory and Policy (6th Edition) by Paul R. Krugman, Maurice Obstfeld ISBN: 0201770377 Publisher: Pearson Addison Wesley Pub. Date: 26 July, 2002 List Price(USD): $121.67 |
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