The Globalization Paradox Quotes

“If economics were only about profit maximization, it would be just another name for business administration. It is a social discipline, and society has other means of cost accounting besides market prices.”
― Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy

“The economics we need is of the "seminar room" variety, not the "rule-of-thumb" kind. It is an economics that recognizes its limitations and caveats and knows that the right message depends on the context. The fine print is what economists have to contribute.”
― Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy

“Economic growth and development are possible only through the accumulation of capabilities over time, in areas ranging from skills and technologies to public institutions. Globalization on its own does not generate these capabilities; it simply allows nations to leverage better those that they already possess.”
― Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy

“When globalization collides with domestic politics, the smart money bets on politics.”
― Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy

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― Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy

“Why should we allow international markets to erode domestic labor regulations through the back door when we do not allow domestic markets to do the same? The”
― Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy