Pop Internationalism

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Pop Internationalism

Author: Paul Krugman

In the clear, readable, entertaining style that brought acclaim for his best-selling Age of Diminished Expectations, Krugman explains what real economic analysis is. He discusses economic terms and...More

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"Pop internationalists"—people who speak impressively about  international trade while ignoring basic economics and misusing economic  figures are the target of this collection of Paul Krugman's most recent  essays. In the clear, readable, entertaining style that brought acclaim  for his best-selling Age of Diminished Expectations, Krugman  explains what real economic analysis is. He discusses economic terms and  measurements, like "value-added" and GDP, in simple language so that  readers can understand how pop internationalists distort, and sometimes  contradict, the most basic truths about world trade.

The first five essays take on exaggerations of foreign competition's  effects on the U.S. economy and represent Krugman's central criticisms  of public debate over world trade. The next three essays expose further  distortions of economic theory and include the complete, unaltered, controversial review of Laura Tyson's Who's Bashing Whom. The  third group of essays highlights misconceptions about competition from  less industrialized countries. The concluding essays focus on  interesting and legitimate economic questions, such as the effects of technological change on society.

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Paul Krugman

Paul Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist who is currently Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times. In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.

Krugman was previously a professor of economics at MIT, and later at Princeton University. He retired from Princeton in June 2015, and holds the title of professor emeritus there. He also holds the title of Centenary Professor at the London School of Economics. Krugman  was President of the Eastern Economic Association in 2010, and is among the most influential economists in the world. Krugman is known in academia for his work on international economics (including trade theory and international finance), economic geography, liquidity traps, and currency crises.

Krugman is the author or editor of 27 books, including scholarly  works, textbooks, and books for a more general audience, and has  published over 200 scholarly articles in professional journals and  edited volumes. He has also written several hundred columns on economic and political issues for The New York Times, Fortune and Slate. A 2011 survey of economics professors named him their favorite living economist under the age of 60. As a commentator, Krugman has written on a wide range of economic issues including income distribution, taxation, macroeconomics, and international economics. Krugman considers himself a modern liberal, referring to his books, his blog on The New York Times, and his 2007 book The Conscience of a Liberal. His popular commentary has attracted widespread attention and comments, both positive and negative.

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