Nagging doubts about the benefits of globalisation, and a look at the evidence WHEN David Ricardo, a 19th-century economist, criticised England's protectionist corn laws, he based his argument on the notion of \comparative costs\,these days called comparative advantage The idea, in brief, is that all countries can raise their living standards through specialisation and trade. Even if one country

The Man Who Took My Job: A NAFTA Journey By Dan Baum Originally published in Rolling Stone April 27, 200 David Quinn spent what President Clinton calls the longest period of economic growth in our entire history\tumbling down the economic ladder-from having a shot at being the first in his family

Home What's New| Site Map Site Index International Monetary Fund Search About the IMF IMF at Work IMF Finances Country Info News Publications The IMF Strikes Back Espaniol Francais By Kenneth Rogoff Economic Counsellor and Director of the Research Department

Home What's New Site Map Site Index International Monetary Fund Search About the IMFIMF at Work IMF Finances Country Info News Publications An Open Letter By Kenneth Rogoff Economic Counsellor and Director of Research. International Monetary Fund To Joseph Stiglitz

The title of this paper is a play on that of an admirable recent book by the philosopher Daniel Dennett, Darwin's Dangerous Idea: Evolution and the Meanings of Life(1995). Dennett's book is an examination of the reasons why so many intellectuals remain hostile to the idea of evolution through

A sketch of a proof for why fiscal policy does not work under flexible exchange rates (by special request from Messrs. Eubank and Heidlage) The easiest way to show that fiscal policy does not work under flexible exchange rates was the one we covered in class on Monday!

The Onion Housemates Reject Third-Roommate Debt-Relief Plan Page of 3 Wrap up the semester with savings. the ONION' a.v. club store subscriptions books personals ONION PREMIUM: JOIN LOGIN HELP NEWSLETTERS CONTESTS

From The Economist print edition Panos Is economic inequality around the world getting better or worse? CRITICS of capitalism are convinced that the gap between rich and poor is widening across the world. For them, the claim amounts almost to an article of faith: worsening inequality is a sure sign of the moral bankruptcy of \the system\. Whether rising inequality should in fact be seen

The From The Economist print edition One of the world's main currencies is heading for a fall Get article background THE world has a new international currency: frequent-flyer miles. Launched exactly 21 years ago, they are a lot like money. Collectors check their mileage statements as

boosted global trade and triggered a surge in commodity prices: The Economist's metals index is at ten-year From budding to blooming high. This has been a fillip to raw-materials producers, GDP growth, annual average such as Brazil, South Africa and Russia. Low global %2001-04 interest rates have also reduced debt-servic costs, and