Maybe Economists should listen to Anarchists, Artists and Architects more often

Well, I am glad Harvard economists are finally getting around to saying something about the death of the globalization consensus. One of the things I think about when I read this is: finally! But it’s very bittersweet as the economic future does not look at all too bright. So even though others have been questioning what’s going on, including the art department of the Economist (way ahead of the writers BTW), I have to ask: What is their program for the future?

Of course, after reading Dani’s article, a logical question would be: Is there a violent anarchist over at work in the Economist’s Art department? I’d very much like the hear from her or him.

Another side note: as much as I like Project Syndicate, it is driving me crazy that they do not date their articles. HELP! Apparently, their commentary has risen above time and space, into an inter-dimensional limbo, in which just pure commentary can exist, outside of any context. Even a a year, or season (e.g.: Spring 2006) would help quite a lot IMHO.

Dani Rodrik states the obvious over at Project Syndicate:

The death of the globalization consensus
That is the title of my new column for Project Syndicate. Here is an extract:

There was a time when global elites could comfort themselves with the thought that opposition to the world trading regime consisted of violent anarchists, self-serving protectionists, trade unionists, and ignorant, if idealistic youth. Meanwhile, they regarded themselves as the true progressives, because they understood that safeguarding and advancing globalization was the best remedy against poverty and insecurity.

But that self-assured attitude has all but disappeared, replaced by doubts, questions, and scepticism. Gone also are the violent street protests and mass movements against globalisation.* What makes news nowadays is the growing list of mainstream economists who are questioning globalisation’s supposedly unmitigated virtues.

* Oh really–perhaps someone forgot to translate that memo into Pakistani? or Italian for that matter.

Maybe Economists should listen to Anarchists, Artists and Architects more often

Three Good Articles over at Project Syndicate

Here are several important articles from one of my favorite sites, Project Syndicate. Note that most articles there are available in seven languages, although it’s very Euro-centric, with Chinese being the only non-European language. I don’t understand why they keep giving Bjorn Lomborg, with his mixed up ideas on global warming, such coverage, though.

These are not random articles, as each describes an inflection point in the process it discusses, and each process is under-reported in the media. Each is also an example of something that the dominate neo-liberal laissez-faire economics has not provided an answer to, and therefore calls for robust actions of the appropriate government agencies.  In particular I like DeLong’s concept of adding to Friedman’s thought rather than throwing it out, and the emphaisis he places on interconnections.  All emphasis is by e_f.

Continue reading “Three Good Articles over at Project Syndicate”

Three Good Articles over at Project Syndicate