The World's Worst Bet : How the Globalization Gamble Went Wrong (And What Would Make It Right)

Why globalization failed so many Americans and why we must defend it in the face of burgeoning economic nationalism.The triumphant globalization of the 1990s and early 2000s has given way to a world economy riven by conflict and populism, as the United States, China and other world powers embrace economic nationalism.In The World's Worst Bet, global economics specialist David J.Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known and sheds important new light on why the march toward greater global integration faltered. How have we fallen so far - from the global hopes of the 1990s to the fractured world and sour, angry politics of the current moment?Lynch explains what went right, what went wrong, and what needs to change to preserve the benefits of global integration and build prosperity for Americans.Lynch's deep understanding of the tumultuous forces shaping Americans' lives is vividly portrayed through a f