World Bank

Stop Feeding the Vultures

I get the idea that Eric Hermann doesn’t want to talk to me. When I came to his office suite, his hedge fund’s

Sell The Lexus, Burn The Olive Tree

Globalization and its Discontents
I was getting myself measured for a straitjacket when I received an urgent message from Bolivia.
The jacket was Thomas Friedman’s idea. He’s the New York Times columnist and amateur economist who wrote The Lexus and the Olive Tree, which is kind of a long, deep kiss to globalization. I was in Cleveland to debate Friedman at the Council on World Affairs meeting in May 2001. Globalization, he told the council, is all about the communications revolution. It’s about the Internet. It’s about how you can sit in your bedroom, buy shares in Amazon.com and send e-mails to Eskimos all at the same time, wearing your pajamas.