Leveling the Field

Making Globalization Work

Joseph E. Stiglitz

W. W. Norton, $26.95, 384 pp.

Recently America’s moral standing in the community of nations has dropped, reflecting rash and preemptive actions abroad-taken against the advice of allies-which have harmed innocents. But America’s reputation had already been eroding. As the avatar of globalization, the United States has incurred the widespread discontent of people who have not experienced the prosperity promised by advocates of trade liberalization. As global income...

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About the Author

George M. Perkins teaches economics at Bates College in Lewiston, Maine.