Anheuser-Busch is being bought by InBev of Belgium. Although there is absolutely no reason to object to this transaction — indeed, the greater the interconnectedness of ‘national’ economies, the better — there nevertheless will be continue Lou Dobbsian moaning, groaning, and ignorant pontificating about it.
John Burger, an economist at Loyola University of Maryland, has a very nice answer to those who think this transaction to be bad for Americans.
