Hedging the Neoliberal Bet

Has Globalization Gone Too Far?
by Dani Rodrik.
Washington D.C.: Institute for International Economics, 1997. 128 pp. $20.95.

Mainstream economists are getting a little nervous. The market for their ideas is booming, of course. The neoliberal enterprise—deregulation, privatization, and the ripping up of the social safety net—expands relentlessly around the globe. The politician and the bureaucrat are despised, the trade unionist is mocked as irrelevant, and the ...