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Drawing on his deep knowledge of history, economics, philosophy, and politics, Steven Weisman brilliantly explains the need to balance competing values in the global economy. By analyzing the tradeoffs involved, he helps show how we can have a sensible conversation about markets and morality. This is an extraordinarily valuable book for a world becoming more ideologically as well as economically polarized. - Walter Isaacson, author of Steve Jobs and The Innovators

These questions have absorbed my former colleague Steven Weisman of the Peterson Institute for International Economics for some years now. His new book, The Great Tradeoff: Confronting Moral Conflicts in the Era of Globalization, provides an excellent text for the discussion we need. Weisman painstakingly avoids dogmatism and is careful in laying out the often-agonizing choices we face. -- E. J. Dionne Jr. WASHINGTON POST I only wish that this book had been written when I was still teaching at Syracuse. I would surely have assigned it. It's an important achievement that a lot of people should understand. I think that this tradeoff between moral concepts and indeed the interplay between morals and markets is something that we deemphasize in our modern understanding of economics. -- Arthur C. Brooks, American Enterprise Institute This was an exceptional piece of work. It was obviously well written because that's what he's been doing for a long time. It was thoughtful because he's a thoughtful guy. It was incredibly researched as you heard him and Arthur Brooks describe. And it was balanced. -- Steven Rattner, former counselor to the Secretary of the US Treasury

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Steven R. Weisman, vice president for publications and communications, joined the Peterson Institute in 2008. He had previously been the chief international economics correspondent of the New York Times as well as a member of its editorial board. His work has appeared in the Times Book Review, Times Magazine, and the paper's news, features, and culture sections since 1968.

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