Retribution not enough
Declan McCullagh
declan at well.com
Sat Oct 20 10:42:00 PDT 2001
On Fri, Oct 19, 2001 at 05:35:53PM -0700, Steve Schear wrote:
> The direction of all recent administrations has been to expand
> globalization (i.e., interdependency) thus increasing economic risks and
> narrowing diplomatic choices. In the short term, and we have no idea what
When I speak of globalization, I mean removing barriers imposed by government
to voluntary exchanges between consenting people. Sounds good to me.
You seem to think of liberal global trade as a zero-sum game. This is
an elementary error. Instead, liberal global trade is what economists
would call an "expanding pie" where additional wealth is created.
-Declan
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