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Title: A View From Outdated Perspective
Review: Economics has passed by the old Harvard/Cambridgeview of the world. Mr. Krugman is an excellentwriter with good sense of old-fashioned tradetheory. However the tools with which he looksat the world are outmoded and wrong. Economistsnow know that they know less about the world thanthey once thought. This important news is absentfrom Mr. Krugman's book.
