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Elusive 'wealth of nations' in a global economy

From japantimes.co.jp

We live in the global age. We have been living in it for quite some time now. It is some 20 years, give or take, since the word "global" began to establish itself in the economic lexicon. A friend one has known for that length of time ought to be someone we know a lot about. Yet globalization still continues to baffle us. Really, we do not even seem to know whether it is friend or foe. Making sense of the global economy is not an exercise in which we have excelled thus far. So what should we do? When in doubt, resort to the classics. This is the advice that comes to mind. Accordingly, I looked into that mother of ... (full story)

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