Jeff Faux Replies  

Jay mandle devotes most of his argument to setting up a straw man—the notion that those of us who have opposed Washington’s corporate-driven global economic policies are “protectionists,” ignorant of the textbook benefits of expanded trade, or else people with …



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 …



Mexico and Vietnam  

In the debate over the Mexican bailout last January, U.S. stockbrokers, the Mexico lobby, and the mainstream media pressed hard for the rescue package. Their argument rested on the premise that economics had replaced military action as the basis for …





The Crumbling Case for NAFTA  

A Democratic member of Congress recently asked me over to his office to discuss the North American Free Trade Agreement (NAFTA). I explained why I thought it was a bad idea. The three members of his staff who were there …





A Neo-Calvinist Trapped in Reaganomics  

Day of Reckoning by Benjamin Friedman Random House, 1988, 323 pp., $19.95 The polls tell us that worship of laissez-faire is on the wane. Collapsing bridges, the Savings and Loan swindles, rising homelessness, the antics of Leona Helmsley and Ivan …



Bailouts and Community  

“Dodge Main”—the name of the huge Chrysler plant in Hamtramck—was often the first English phrase learned by Poles arriving in Detroit. Over half a century it produced 14 million cars and helped integrate into mainstream society successive waves of immigrants …



Bailouts and Community  

“Dodge Main”—the name of the huge Chrys- ler plant in Hamtramck——was often the first Eng- lish phrase learned by Poles arriving in Detroit. Over half a century it produced 14 million cars and helped integrate into mainstream society successive waves …



In an African Prison: A Memoir  

Late in 1976, the French Ministry of State for the Interior banned distribution of a book by Jean-Paul Alata, Prison d’Afrique (Editions du Seuil); the action was taken on the basis of a law of July 29, 1881 that authorizes …