Thursday, March 29, 2007

Why Such Resistance to Free Trade?

More on the "paradox of progress" and "abundance denial" from today's WSJ article: "As Globalization's Benefits Grow, So Do Its Skeptics":

"For the past few years, the world economy has been growing faster than it has for decades, and that growth has been spread across the globe. Yet accompanying this prosperity is mounting skepticism about globalization -- the unfettered flow of goods, services, people and money across borders. The current round of world-trade talks is stalled, and the Democratic Congress is toughening its conditions for blessing Bush-backed trade pacts with Panama, Peru, Colombia, hardly economic powerhouses."

Read more here.


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