The World’s Worst Bet
How the Globalization Gamble Went Wrong (And What Would Make It Right)
Book • 2025
In this book, David J. Lynch explores how America's gamble on globalization went wrong.
It examines the period from Clinton to Bush, arguing that America bet stupidly on globalization and lost.
The book contends that America's failure to help displaced manufacturing workers created resentment, ultimately putting Trump in the White House.
It suggests that robust labor market policies are needed, such as wage insurance and safety nets for workers displaced by trade, automation, or AI. The book argues that helping people transition is more important than trying to resurrect lost manufacturing jobs.
It examines the period from Clinton to Bush, arguing that America bet stupidly on globalization and lost.
The book contends that America's failure to help displaced manufacturing workers created resentment, ultimately putting Trump in the White House.
It suggests that robust labor market policies are needed, such as wage insurance and safety nets for workers displaced by trade, automation, or AI. The book argues that helping people transition is more important than trying to resurrect lost manufacturing jobs.
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Mentioned as the book written by David J. Lynch about the globalization gamble and its consequences.
David J. Lynch, "The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right)" (PublicAffairs, 2025)
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Deidre Willard
David J. Lynch, "The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right)" (PublicAffairs, 2025)
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Andrew Keen
David Lynch
The World's Worst Bet: How America Gambled Dumbly on Globalization and Lost
