"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Free Trade and Globalization: More Than "Just Stuff"
Submitted by Don Stacy on Tue, 2011-04-19 03:00
in
"The typical economic argument for free trade focuses on the increased material prosperity that trade creates for nearly everyone. While this argument is powerful and backed by overwhelming empirical support, it tends to leave many people cold. A common reaction to free-trade arguments might be: "You economists care only about low prices and more stuff; there's more to life than things.""
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