Globalization and the World’s Rising Living Standards June 5, 2008
Posted by reformedville in : culture, Ethnicity, Government , trackbackDespite the conclusions one might draw from the constant barrage of media negativity, never before have people lived longer, healthier, and wealthier lives with lower risks of malnourishment, illiteracy, or death by war or natural disaster. In a recent report for the Swedish government, Cato senior fellow Johan Norberg has documented the largest, most rapid rise in human living standards ever, which occurred over the last four decades. He reviews the factors that generated these advances and explain how even more economic liberty, free trade, and globalization are necessary to sustain them.
In many ways this is going to be a core contrast in this election and a major difference between the candidates-protectionism or free trade? How you vote in November may well determine our economic future in the world market place.
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