Profiles in courage

The Fed governors, and Dani Rodrik, both via Greg Mankiw.

Comments

As so often, I am pleasantly surprised to see you praise someone you probably don't agree with. Speaking as a non-expert, Rodrik's writings have always been among those that make the most sense to me on issues of globalization.

max above makes an interesting point.

Thank you Max. Those people couldn't even write about it because they couldn't afford a pen.

But the nature of their position is such that they could also say "I love national sovereignty! Government action to protect its own industries has been and continues to be a fantastic motor for improving the lives of billions of people. I think it would be an even more fantastic motor if we were to carry out government protection within this improved framework..."

OK, so its tongue in cheek a bit, but surely Rodrik's main point is that the ability to select from a mixture of policies and emphases, dependent on the individual circumstances of any one country and time, is what is needed for the majority world to improve its state. You are asking him to pick out one aspect of this (increased trade) and highlight it above the others. I'm not sure that Rodrik would agree with that. Not that I speak with authority of course.

I am pleasantly surprised to see you praise someone you probably don't agree with. Speaking as a non-expert WORLD OF WARCRAFT GOLD

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