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Format: Hardcover

Condition: Very Good

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Book Overview

The classic text on the post-Cold War economic battle. Starting with the fall of communism, influential economist and former dean of MIT's Sloan School of Management Lester Thurow deftly explores how... This description may be from another edition of this product.

Customer Reviews

4 ratings

looking smarter

With the fall of the dollar and the rise of China together with the bursting of America's housing bubble this book is looking more presentient.

Excellent economics!

This book is a very good overview of some of Thurow's more interesting economic ideas. It makes a great counterpoint to "Free to Choose" by Milton Freedman. The book is written at an intellegent, but by no means difficult, level.

Makes one re-considers the value of profit maximization.

Thurow makes people realized that economics is never an independent subject. The resurrection of Political Economy in recent years is a healthy academic trend

Good analysis of emerging global issues

Lester has done a good job of identifying the issues that face us both now and in the future, especially in the area of globalization and the global economy. Where his arguments break down are in the solutions. Lester tends to prescribe government intervention to resolve the issues, rather than letting the free market play a role in resolving the issues. My impression is that he believes that both the Europeans and the Japanese have superior systems, and that we should copy what they have been doing, which involves a lot of government money and buraucracy. The book is certainly good reading up to the last few chapters, when the government solutions start to creep in. Contrast Thurow to Peter Drucker, who depends more on better business practices to enable companies to compete globally
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