The 112th Congress should
- open the borders to the free flow of goods,
people and ideas from other countries.
Here are two resources which prove that economic Globalization
("free trade") is in the best interests of humanity, provided
it is not accompanied by political globalization (transferring
political powers from nations to a global government).
- Here is the opening paragraph of Reisman's article:
- Globalization, in conjunction with
its essential prerequisite of respect for private property rights,
and thus the existence of substantial economic freedom in the
various individual countries, has the potential to raise the
productivity of labor and living standards all across the world to
the level of the most advanced countries. In addition, it has the
potential to bring about the radical improvement in productivity and
living standards in what are today the most advanced countries, and
to provide the strongest possible foundation for unprecedented
further economic advance everywhere.
- On down he writes:
- This article shows that by
incorporating billions of additional people into the global division
of labor, and correspondingly increasing the scale on which all
branches of production and economic activity are carried on,
globalization makes possible ... the very substantial increase in
the number of highly intelligent, highly motivated individuals
working in all of the branches of science, technology, and business.
This will greatly accelerate the rate of scientific and
technological progress and business innovation. [I]ts
potential is nothing less than the elevation of the productivity of
labor and of living standards all across the globe to the level of
the most advanced countries, and at the same time the radical
improvement in productivity and living standards in what are today
the most advanced countries.
- Why would anyone oppose this? Why would anyone advocate use of
state compulsion to prevent it?
- Mises has said that free
trade prevents war. Certainly it is the case that war prevents
free trade. America was a part of globalization before the wars of
the 20th century.
- • Is
"globalization" and the "rise of the global
economy" exaggerated?
- • Globalization
Now, A Sequel of Sorts
- • Made
Everywhere -- Nothing is made in only one country.
- • Globalization and the gold
standard - Google
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by Johan Norberg