A Moderate Compromise: Economic Policy Choice in an Era of Globalization [Paperback]

Looking at all sides of the globalization debate, this book analyzes how international economic policy is made and how it has become so controversial. The author offers a solution to the debate between free trade/unregulated markets and the push for greater government involvement that is consistent with both economic efficiency and social justicePreface Introduction Why Economic Theory Can't Tell us What to Do about Policy Why Empirical Data Can't Tell us What to Do about Policy Why Fairness Can't Tell us What to Do about Policy Why Democracies Won't Choose the Best Policies The Pursuit of Profit Involuntary Transfers Voluntary Exchange and Competition Voluntary Transfers A New Guide to Policy Choice in an Era of Globalization A Policy Plan for the US Bibliography

Suranovic offers a timely and accessible new perspective on economic issues in the era of globalization. In this thought-provoking work, he tackles common misconceptions and proposes principled ways to bridge the chasms between the extremes of modern policy debates. - Philip I. Levy, Resident Scholar in Economics at the American Enterprise Institute Recommended. - Choice