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Preview: Dani Rodrik's weblog

Dani Rodrik's weblog

Unconventional thoughts on economic development and globalization

Published: 2017-11-08T09:35:45-05:00


Taking a Crack at Neoliberalism


Here is the back story for my new piece “Rescuing Economics from Neoliberalism,” just out in the Boston Review. I have never been a fan of the term “neoliberal.” It has never been quite clear what it means. Nor is...

What’s Wrong With Our System Of Global Trade And Finance?


That is what John Judis wanted to talk to me about, and we did. This over at TPM is what came out. By the way, Judis' book on populism is great. It makes an important distinction between right-wing and left-wing...

Why Did So Many Cheer Turkey's Democracy While It Was Dying?


Claire Berlinski’s excellent account of the Western (and domestic) observers who cheered on as Turkey was sliding into authoritarianism reminds me of a point I long wanted to make. There was in Erdogan’s early years some reason to be confused...

Prudential regulation, capital controls, and second-best


A usual argument against the use of capital controls as a prudential measure is that it is always better to tackle problems at their source rather than trying to deal with symptoms. This is called the principle of economic targeting...

Trade, redistribution, and social dumping


I just saw this response from Joel Trachtman to my column "Too Late To Compensate Free Trade's Losers." Trachtman argues that "the fundamental problem of winners and losers will not be solved by these changes." I do not disagree. But...

Dismal thoughts about the Turkish referendum


I don’t write a lot on Turkey these days. (My latest piece was published last September. It was on Erdogan’s missed opportunities to enter history books as a truly great leader, rather than the corrupt tyrant he seems destined for.)...

Ariel Rubinstein on Economics Rules


The great Ariel Rubinstein has a review of my book Economics Rules in the latest issue of the Journal of Economic Literature. It is a fun review – gratifying for me because Ariel agrees with many of my arguments –...

A Foreword to Kari Polanyi Levitt


I was recently asked to write a foreword to the Mexican edition of Kari Polanyi Levitt’s From the Great Transformation to the Great Financialization. Kari is Karl Polanyi's daughter, and the essays in her book -- part memoir, part intellectual...

Thinking straight about fair trade


In the previous entry, I discussed the real-world distributional effects of trade agreements, in the specific case of NAFTA. Why should we care about such redistribution and how should we deal with it? It is useful to distinguish between two...

What did NAFTA really do?


Brad De Long has written a lengthy essay that defends NAFTA (and other trade deals) from the charge that they are responsible for the loss of manufacturing jobs in the U.S. I agree with much that he says – in...