January 11, 2009
FROM MY BOOKSHELF: Economic Dangers and Dirty Hands
By LeRoy Lawson David M. Smick, The World Is Curved: Hidden Dangers to the Global Economy (New York: Portfolio/Penguin Group, 2008). Timing is everything, says the old saw, and David Smick has proof of it. Urged on by his prescient agent, Smick had his book on the stands by September 2008, just in time to explain the impending financial disaster to noneconomists like me. His ruling metaphor is simplicity itself: Thomas Friedman (The World Is Flat) may think the globalized economy has flattened the world (and it has), but we forget at our own peril that it is also curved.
