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The World’s Worst Bet

How the Globalization Gamble Went Wrong (And What Would Make It Right)

The World’s Worst Bet Open the full-size image

Contributors

By David J Lynch

Formats and Prices

Price

$32.00

Price

$42.00 CAD

Format

Format:

  1. Hardcover $32.00 $42.00 CAD
  2. ebook $19.99 $25.99 CAD
  3. Audiobook Download (Unabridged) $27.99

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Why globalization failed so many Americans and why we must defend it in the face of burgeoning economic nationalism. 

The triumphant globalization of the 1990s and early 2000s has given way to a world economy riven by conflict and populism, as the United States, China and other world powers embrace economic nationalism. In The World’s Worst Bet, global economics specialist David J. Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known and sheds important new light on why the march toward greater global integration faltered.  How have we fallen so far – from the global hopes of the 1990s to the fractured world and sour, angry politics of the current moment? Lynch explains what went right, what went wrong, and what needs to change to preserve the benefits of global integration and build prosperity for Americans. 
 
Lynch’s deep understanding of the tumultuous forces shaping Americans’ lives is vividly portrayed through a fascinating cast of characters: presidents and policymakers, factory workers whose jobs vanished amid the euphoria over free trade and whose anger reshaped a nation’s politics, and the ideological warriors on the right and left who fought globalization. Their stories illuminate the changing nature of the global economy and what it means for all Americans, from politicians to business executives, workers, and the average citizen. With the world economy at a tipping point, The World’s Worst Betis an essential corrective to arguments for economic nationalism. Our future prosperity depends on getting this right.  
 
 

Genre:

On Sale
Sep 9, 2025
Page Count
368 pages
Publisher
PublicAffairs
ISBN-13
9781541704060

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David J Lynch

About the Author

David J. Lynch is the global economics correspondent of the Washington Post. The recipient of the National Press Foundation's Hinrich Award for Distinguished Reporting on Trade in 2021, Lynch has reported from more than sixty countries for the Post and earlier in his career with the Financial Times of London, Bloomberg News, and USA Today. He lives in Vienna, Virginia. 

Learn more about this author