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The Great Illusion: Paul Krugman
While reading about the recent crisis in South Ossetia, Paul Krugman wondered if the second wave of globalization will share the fate of the first: world war. A world in which the US isn't the only military force, argues Krugman, is a dangerous one. Russia has proven itself willing to use gas as a political weapon, and China, emboldened by Russia's example, might invade Taiwan. These nationalism-powered conflicts threaten the stability of our globalized world.
I'm skeptical.
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