Bonus Quotation of the Day…
by Don Boudreaux
on July 11, 2018
… 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.
Comments
