Dangerous Business
Subtitle: The Risks of Globalization for America
Publisher: Knopf
Published: August 12, 2008
Language: eng
Format: Hardcover
Number of pages: 256
ISBN-13: 9780307266842
Subjects: International - Economics; Business & Economics / Economics / International; Business & Economics; Business / Economics / Finance; Corporations; Economic aspects; Globalization; Political aspects; Social aspects; United States; Business/Economics
Description: From one of the most respected and vigorous economic thinkers in Washington, a wake-up call about the perils of unfettered globalization. In this impassioned, prescient book, Pat Choate shows us that while increased worldwide economic integration has some benefits for our fiscal efficiency, it also creates dependencies, vulnerabilities, national security risks, and social costs that now outweigh its advantages. He takes the long view of developments such as technology-driven progress, the offshoring of jobs, and open trade, arguing that current U.S. policies are leading to worldwide economic and political instability, in much the same way as before the Great Depression.