Next Monday, March 11, at NYU Law School, 12:45 to 2 pm in Vanderbilt 214, Kimberly Clausing will present her new book Open: The Progressive Case for Free Trade, Immigration, and Global Capital. I will offer comments, and Timothy Noah will moderate the discussion.
It's open to the public, and info about attending is available here. Info about the book is available here, and you can buy it from Amazon here. I may post comments about the book on this blog, after the session.
Here is a basic description:
Globalization has a bad name. Critics on the left have
long attacked it for exploiting the poor and undermining labor. Today, the
Right challenges globalization for tilting the field against advanced
economies. Kimberly Clausing faces
down the critics from both sides, demonstrating in this vivid and compelling
account that open economies are a force for good, not least in helping the most
A leading authority on corporate taxation and an
advocate of a more equal economy, Clausing agrees that Americans, especially
those with middle and lower incomes, face stark economic challenges. But these
problems do not require us to retreat from the global economy. On the contrary,
she shows, an open economy overwhelmingly helps. International trade makes countries
richer, raises living standards, benefits consumers, and brings nations
together. Global capital mobility helps both borrowers and lenders.
International business improves efficiency and fosters innovation. And
immigration remains one of America’s greatest strengths, as newcomers play an
essential role in economic growth, innovation, and entrepreneurship. Closing
the door to the benefits of an open economy would cause untold damage.
Instead, Clausing outlines a progressive agenda to
manage globalization more effectively, presenting strategies to equip workers
for a modern economy, improve tax policy, and establish a better partnership
between labor and the business community
Accessible, rigorous, and passionate, Open is the book we need to help
us navigate the debates currently convulsing national and international
economics and politics.