Quotation of the Day…

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… is from page 104 of Eamonn Butler’s 2021 book, An Introduction to Trade & Globalisation (links added):

Experiments indicate that the more widespread markets are, the more people trust each other (Henrich 2016), giving us grounds for optimism that trade promotes cooperation, understanding and trust between nations too. Studies suggest that trade even promotes fairness and equality, discourages nationalism, defuses ethnic and international conflict and promotes peace (Wright 2018). Trading nations are more likely to share liberal values such as personal and political freedom, the primacy of the individual, minimal coercion, the rule of law, openness and free speech (Butler 2015).