New york times columnist david brooks described mr. Everyday low prices and free delivery on eligible orders. David smick, founder and editor of the world economy quarterly publication, argues that the international financial collapse was predictable. Smick considers the potential negative ramifications of a constantly fluctuating global economy and analyzes possible solutions to these challenges.
David smick contends that the world is curved because in financial markets people cannot see over the horizon. Instead, there is a continual series of unforeseen discontinuitiestwists and turns of uncertainty that often require. Smick, a financial market consultant, nonfiction author, and. Hidden dangers to the global economy is a book written by david m.
Smick reveals how todays risky environment came to beand why the mortgage mess is a symptom of potentially far more devastating trouble. Instead, there is a continual series of unforeseen discontinuitiestwists and turns of uncertainty that often require millions of market participants to stand conventional wisdom on its head. The world is curved picks up where thomas friedmans the world is flat left off, taking listeners on an insiders tour through the private offices of central bankers, finance ministers, even prime ministers. Friedmans thesis is that the globalization of the flow of information and the supply of goods has, in effect, leveled the worlds playing field. He is the chairman and ceo of johnson smick international, a financial advisory firm in washington, d. Hidden dangers to the global economy, which was published in 2008 and. Smicks first book, the world is curved, as astonishingly prescient. David smick keeps a low profile, but experts consider him one of the most insightful financial market strategists in the world. Borrowing his title, obviously, from thomas friedmans optimistic the world is flat 2005, smick dourly notes that in finance, the horizon is near while the dangers lurk out of sightnothing happens in a straight line. Hidden dangers to the global economy, by david smick, will be released september 4, 2008, from penguin. This talk was hosted by the world affairs council in. David smick has done an outstanding job in drawing on his interactions with many of the key players in international finance to produce an insightful and entertaining book. With this illuminating book, smick revisits thomas friedmans description of the flat world produced by globalization, arguing instead that the uncertainty produced by globalized financial markets has created a world that is curved, where events and their consequences are unpredictable.
Smick wrote an acclaimed book the world is curved on the financial perils of globalization, in response to the world is flat bestseller by thomas friedman. Smick reveals how todays risky environment came to beand why the mortgage mess is a symptom of potentially far more devastating. David smicks the world is curved is part sequel, part response, and part companion to this work. Hidden dangers to the global economy penguin portfolio, 2008.
Smick is a macroeconomic adviser to a select group of prominent global investment funds and a nonfiction author. This book opposes the views of thomas friedmans the world is flat. Smick, a financial market consultant, nonfiction author, and chairman and ceo in the consultancy company of johnson smick international jsi. David smick is the author of the bestseller the world is curved.
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