Monday, November 20, 2006

Free Trade = World Peace

From today's Christian Science Monitor, an editorial by economist Don Boudreaux at George Mason:

When commerce reaches across political borders, the peace-promoting effects of economic freedom intensify. Why? It's bad for the bottom line to shoot your customers or your suppliers, so the more you trade with foreigners the less likely you are to seek, or even to tolerate, harm to these foreigners.

Senators-elect Sherrod Brown (D) of Ohio and Jim Webb (D) of Virginia probably don't realize it, but by endorsing trade protection, they actually work against the long-run prospects for peace that they so fervently desire.


At 11/20/2006 5:44 PM, Blogger Enrique Avogadro said...

Thanks for the information. However, it seems that Democrats are not really that desperate for world peace: Breaking The Trade Deadlock

At 11/21/2006 8:34 AM, Anonymous Anonymous said...

This may be true. However, the Republicans do not seem to get it - even in the face of a massive defeat in the 06 elections. Life is not just about corporate profitability, at any cost.


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