Friday, November 02, 2012

Pankaj Ghemawat on Globaloney



I am a member of a book club which nominated Pankaj Ghemawat's book, World 3.0 as the business and Economics book of last year. For the book club, it was a profound demonstration about how misinformation and hype about globalization exceeds the reality. In the blog post here soon after that reading, I stated that popular books have pushed ahead the idea that the world has attained such a high level of globalization that borders cease to matter. Well, the people who claim this only state this because they genuinely believe it but have not placed evidence to support that claim.

The TEd talk embedded to this page is the author's explanation of the lack of evidence for the "No borders effect". It is worthy of viewing again and again as part of alerting people that both those who are opposed to globalization and its cheerleaders are wrong about the facts. This demonstrates again that for all the benefits provided by the accessibility of information, there is still a great deal of conventional wisdom that will not stand scrutiny.





  

No comments: