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THE LEXUS AND THE OLIVE TREE: Understanding Globalization. By Thomas L. Friedman. Farrar, Straus & Giroux. 394 pp. $22.50

THE WORLD THROUGH A MONOCLE: The New Yorker at Midcentury. By Mary F. Corey. Harvard Univ. Press. 251 pp. $25.95

TIE PITY OF WAR: Explaining World War I. By NiaII Ferguson. Basic. 563 pp. $30

MYTHS OF RICH AND POOR: Why We're Better Off than We Think. By W. Michael Cox and Richard Alm. Basic. 256 pp. $25

Despite the booming economy, declining unemployment, and quiescent inflation, many commentators accentuate the negative.

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THE POLAR BEAR STRATEGY: Reflections on Risk in Modern Life. By John F. Ross. Perseus. 208 pp. $25

HOME TOWN. By Tracy Kidder. Random House. 338 pp. $25.95

The Abuse of Power in Pro Team Sports. By James Quirk and Rodney Fort. Princeton Univ. Press. 248 pp. $22.95

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