Other Sellers on Amazon
+ $3.99 shipping
Pop Internationalism Hardcover – March 1, 1996
Enhance your purchase
The Amazon Book Review
Book recommendations, author interviews, editors' picks, and more. Read it now
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
From Publishers Weekly
Copyright 1996 Reed Business Information, Inc.
From Kirkus Reviews
- Publisher : Mit Pr; 1st edition (March 1, 1996)
- Language : English
- Hardcover : 221 pages
- ISBN-10 : 0262112108
- ISBN-13 : 978-0262112109
- Item Weight : 13.4 ounces
- Dimensions : 5.5 x 1 x 8.75 inches
- Best Sellers Rank: #2,307,849 in Books (See Top 100 in Books)
- Customer Reviews:
Top reviews from the United States
There was a problem filtering reviews right now. Please try again later.
The winching sour personal attacks, attacking both the theory and the theorist, will continue the popular impression of the "two-handed" economist - unable to construct reliable models, unable to construct reliable predictions, and unable to learn and adjust because of their religious devotion to academic dogma. Krugman paints his opposition with a broad brush, managing to spill plenty on himself.
The best essay is Technology's Revenge which was published in 1994. A key idea is income inequality as "fractal" (p. 199) with wide ranges inside of a profession.Sherwin Rosen proposed this "superstar" hypothesis, a likely precursor to the "personal branding" that is all the rage in 2011. Competency gains little reward, superstars will reap the lion's share. Krugman uses this point to lever the pursuit of higher education above luxury and into necessity. (p 201). Then he states that technology will allow the less skilled to be productive. The lawyer, the accountant and the skilled professional will be replaced by technology, while the average service provider (janitors, plumbers, etc.) will persist.
Dear Lord, there is plenty of demand, but no supply, for a one-handed economist.
Economists seem to have a hard time with adjectives. Small, large, slow, fast, consequential, inconsequential, all littered through-out the work, and all undefined and unqualified, the same criticism the Krugman levels at others.
Miracles like Russian and Asia (Malaysia, China and India) are reverse-transubstantiated back to water. Massive injections of human resources are one time gains that can raise and economy out of poverty. However, once that gain is captured it is unclear what the next steps are to continue development. The current push for more "education" as a solution for US economic ills would seen to be undermined by the history provided and by the theoretical argument from Technology's Revenge. In a similar vein, Perry and the Texas miracle will be vivisected.
Why should any government be interventionist if the outcome will be theorized away or be criticized for not being interventionist enough?
The sweetness of Pop Internationalism is much less satisfying. I can resell the book on Amazon and recapture some of my capital "investment". Usually a book of this sweep would garner a place on my bookshelf as a reference. But Krugman so expertly dissects everyone in the room, that there is no further reading required.
Perhaps the publishing date brings about the only weakness, as much of the talk seems less appropriate for today's economy. But the reviews of old topics like NAFTA and the Eastern economy is still good information, and presented clearly and concisely.
Krugman put this collection together to inform people of the latest trend of beliefs in international economics, a trend that is dead wrong in Krugman's eyes. And so we have his term of "pop internationalism."
The basic idea of pop internatiolism is that the U.S. does not depend on international trade as much as the "experts" portray. Very little of our GNP is actually in exports, and we are seemingly doing just fine as the world market becomes more "global." Krugman is so concise in this point that many of the essays actually repeat the point over and over. This is okay though (at least for me), because I understood it better reading it again.
The book is a quick read, and is divided into four secions: A Zero-Sum World, Economic Theory -- Good and Bad, The Emerging World, and Technology and Society.
As far as Krugman being correct in his economic thinking, get back to me after I read some of the "pop internaitionalism" literature from the likes of Reich and Thurow.