Bonus Quotation of the Day…

by Don Boudreaux on July 11, 2018

in Doux Commerce, Trade, War

… is from page 105 of Eamonn Butler’s hot-off-the-press – and excellent – An Introduction to Capitalism:

As for imperialism, multinationals and global markets have actually promoted world peace. Their investments in emerging economies have helped take billions out of poverty and create a thriving middle class that has everything to gain from preserving peace and the trade that peace makes possible.

DBx: The idiotic and puny-minded economic nationalism of Trump & Co. is, of course, undermining these happy developments.


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