Tuesday, June 25, 2013

Cafe Hayek: The Full Flower of Free Trade

            by DON BOUDREAUX


My former student Charlie Wang kindly requests that I re-post a link to my November 2010 EconLib essay, Free Trade and Globalization: More than �Just Stuff�; my vanity compels me to oblige Charlie�s request.  Here�s my conclusion:



The fear that globalization makes the world less interesting culturally is baseless. The effect of free trade is twofold: first, it gives us more prosperity and, second, this prosperity creates diversity and dynamism. Both of these effects are good reasons for opposing the antediluvians who would obstruct international trade.




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