Johan Norberg in Sydney
The Centre for Independent Studies has been playing host to Johan Norberg this week. I attended the launch of the Australasian edition of his book In Defence of Global Capitalism on Monday and his John Bonython Lecture last night, an op-ed rendition of which can be found here. Norberg’s theme of the cognitive biases that motivate anti-globalisation sentiment is remarkably consistent with some of the arguments run on this blog in relation to financial markets and asset prices.
Norberg’s book is perhaps the most accessible and persuasive defence of globalisation in print. The book is much more faithful to the classical liberal tradition than the books on globalisation by Jagdish Bhagwati and Martin Wolf. Both Bhagwati and Wolf concede way too much to globalisation’s critics and have probably done the cause more harm than good, particularly in the case of Bhagwati’s hostility to international capital mobility.
posted on 12 October 2005 by skirchner
in Economics
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Comments
So being a hostage to “a bunch of f*cking bond traders” is now the litmus test of one’s fidelity to a globalization? Way to go to get the populus onside to an extension of the Open Society.
Posted by Jack Strocchi on 10/12 at 09:18 PM
Whose quote is that Jack?
Posted by skirchner on 10/13 at 05:42 PM
William Jefferson Clinton.
Posted by Jack Strocchi on 10/14 at 01:36 AM