The United States in the World Economy

Focusing on the impact of globalization on the US economy, the book analyzes international trade, finance, and immigration to clarify misconceptions surrounding its costs and benefits. It highlights that while the US has largely benefited from globalization since WWII, certain groups have faced significant challenges. The author emphasizes the need for government intervention to support adversely affected workers and proposes institutional reforms to enhance gains from globalization while promoting equitable distribution of its benefits.