Monday, January 19, 2015

Global Free Trade Makes for Mutual Prosperity and World Peace

Richard Ebeling emails:

Dear Bob,

I have a new article on the news and commentary website, “EpicTimes,” on how “Global Free Trade Makes for Mutual Prosperity and World Peace.”

Tragic and violent events like those recently in France or Nigeria should not make us believe that world is simply a dangerous place, and that international linkages and connections only threaten to bring us harm.

We should not lose sight of the far greater benefits that come every day from the peaceful and mutually improving opportunities resulting from international trade. The world is an increasingly smaller place bound together through networks of imports and exports and patterns of foreign investments that enhance the quantities, qualities, and varieties of the goods and employments available to all of us, and at far lower costs than if we tried to make the things we want through our own domestic efforts and activities.

But equally important, the logic and nature of peaceful, free global trade enables people who may hold widely different values, beliefs, and purposes from each other to serve as the means to each other’s ends while leaving everyone at liberty to choose to live as they desire.

It is political interventions and manipulations of social processes of global trade and association that most frequently turn peaceful and mutually beneficial commerce and exchange into battlegrounds of control for trying to impose the values, beliefs and ideology of one society upon another.

Best Wishes,

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