Good Globalization Literature

by Don Boudreaux on November 23, 2009

in Balance of Payments, Books, Trade

On the Oppenheimer Society listserve, someone asked for recommendations of good books and articles on globalization.  David Boaz offered this superb list:

Free Trade Under Fire (2nd ed.) by Douglas Irwin (Princeton, NJ: Princeton University Press, 2005)
An empirical verification of the positive benefits of free trade.

Why Globalization Works by Martin Wolf (New Haven: Yale University Press, 2004)
Uses conventional economic analysis to prove the benefits of free trade and globalization.

In Defense of Globalization by Jagdish Bhagwati (Oxford: Oxford University Press, 2004)
An approachable defense of globalization by one of today’s leading free-trade economists.

•In Defense of Global Capitalism by Johan Norberg (Washington, D.C.: Cato Institute, 2003)
A former left-anarchist debunks the claims of the anti-globalization movement.

Globalization, Growth, and Poverty: Building an Inclusive World Economy (Washington, D.C.: World Bank, 2002)
An extensive report on globalization’s impact on growth and poverty.

•”Spreading the Wealth” by David Dollar and Aart Kraay. Foreign Affairs, January/February 2002.
Two World Bank economists show that globalization has narrowed the income gap between the world’s rich and poor.

Against the Dead Hand: The Uncertain Struggle for Global Capitalism by Brink Lindsey (New York: Wiley and Sons, 2002)
A comprehensive and historical analysis of globalization by the Cato Institute’s Vice-President for Research.

And here’s the list on which they appear with other books: http://www.cato.org/trade-immigration/reading-list

Here’s a related list: http://www.cato.org/economicliberty/rl-economic-development.html

Find more subjects here: http://www.cato.org/research/readinglist.html

Dan Griswold also recommends another source here:

http://www.cato-at-liberty.org/2009/10/22/a-globalized-reading-list/

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  • guest
    I would add Money, Markets and Sovereignty by Steil and Hands.
  • "good books and articles on globalization."

    Umm, might I recommend Adam Smith's "Wealth of Nations"? Division and specialisation of labour ....then Ricardo's "Principles" which gives us comparative advantage?

    Assuming that you've already bought into the idea of a market economy little more than these two is needed to argue for globalisation.
  • MWG
    Thanks for the list Don. I've read both Wolf and Norberg's books. I was wondering what people here though about Bhagwati's book...
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