"Jagdish Bhagwati is that rare economist who thinks broadly and writes
clearly. His high intelligence, lively style, and good humor are all in
evidence in this collection." -- Fareed Zakaria, Managing Editor,
Foreign Affairs
"Anyone who reads this engaging description of the ways the world works
will emerge a lot less confused and at least a little more optimistic."
-- Adrian Karatnycky, The Wall Street Journal
Jagdish Bhagwati firmly believes that those who work at the frontiers of
economics should also get down into the trenches of public policy in the
only way they can: through advocacy. His frequent writings in leading
newspapers and magazines are further testimony to his conviction that
academics can best do public good by becoming a public nuisance. Running
through his writings is the contrary voice, questioning popular
positions, challenging the consensus.
Bhagwati has an agenda to advance, a vision of the good society that
economic policy must help to shape. The good society he has sought over
the years is one whose economics embrace openness, in particular in
trade and immigration, and whose politics are democratic, not just for
the elite few but with the effective participation of the many,
including women and minorities.
A Stream of Windows offers a selection of the author's policy
writings from the past ten years. The title, from a James Schuyler poem,
suggests the fluidity of a stream, contrasted with a stagnant pool, as
well as the windows the author seeks to open to bring in fresh air. The
image captures the essence of the author's writings, which forcefully
opposed the demonization of Japan in the 1980s and early 1990s, and
which expose the folly of current U.S. policy equating free trade with
free trade areas, challenge the bipartisan bashing of illegal
immigrants, refute the conventional view that democracy hinders
development, and much more.
Jagdish Bhagwati is the Arthur Lehman Professor of Economics and
Professor of Political Science at Columbia University. He is the author
of Protectionism (MIT Press, 1988).