Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Nov 3, 2025 2:47 AM

Thomas L. Friedman said in The Lexus and the Olive Tree that no two countries with McDonald’s within their borders have ever been in a war since having a McDonald’s. Since it was proposed in 1999 this explanation of how globalization affects foreign policy and conflict has e known as theGolden Arches Theory of Conflict Prevention.

There are several examples that prove Friedman’s theory is wrong (e.g., India and Pakistan in 1998,Georgia and Russia, 2008). But in general, globalization does tend to reduce conflictbetween nations. As economist Donald Boudreaux says, one of the most important benefits of freer trade andglobal economic integration is that it promotes increased prospects for peace. Consider, says Boudreaux, China’s warning to North Korea that it e to their aid if they launch missiles threatening the U.S. and there is retaliation:

>Would Beijing have issued the same warning 50years ago? While the answer is uncertain, it’s plausible to suppose that Beijing back then would have been less likely than today to warn munist ally not to start a war with the United States.If the United States suffers severe damage from nuclear (or even conventional) weapons, China today has far more to lose than it did under Mao Zedong. Unlike China under Mao, the Chinese today have legions mercial customers and suppliers in the United States.And a pretty good rule of business is “Don’t kill your customers.” Don’t even plicit in such killing.

Perhaps we are today reaping one of the unsung benefits of freer trade and the international economic integration that it promotes: a greater reluctance of trading partners to go to war with each other.Maybe, just maybe, the United States’ much-derided economic integration with China will not only continue to enrich the people of both countries materially, but also — and far more importantly — prevent senseless slaughter.

Read more . . .

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Should We Ban Farm Tractors to Save Jobs?
America could have saved more jobs if, prior to the Industrial Revolution, politicians had banned the use of tractors. But that would have made everyone (especially those of us living in 2014) much worse off. Many Americans understand this point and yet still believe that when workers lose their jobs, we automatically e worse off. Economist Bryan Caplan explains the problem with this ‘make-work’ bias, and why we are better off because of 19th century workers who lost their farm...
Study: How Government Regulations Help or Hinder Cities
The revitalization of cities has e a significant focus among today’s Christians, with many flocking to urban centers filled with lofty goals and aspirations for change and transformation. Last summer, James K.A. Smith expressed concern that such efforts may be overly romanticizing certain features (community!) to the detriment of others (government), concluding that “farmer’s market’s won’t rescue the city” but “good government will.” Chris Horst and I followed up to this with yet another qualifier, arguing that while both gardens...
Tolkien, Hobbits, Hippies and War
Jay Richards and I have an Ignatius Press book on mitment to ing out soon, so we’ve been following developments in the Hobbit film trilogy more closely than we might otherwise. A recent development is director Peter Jackson announcing a subtitle change to the third film—from There and Back Again, to Battle of the Five Armies. That’s maybe a bit narrow for a novel that’s also about food, fellowship and song, but I think it’d be going too far to...
All Is Gift: How Our Work Sings of God’s Presence
“All that exists is God’s gift to man, and it all exists to make God known to man, to make man’s munion with God…God blesses everything He creates, and, in biblical language, this means that He makes all creation the sign and means of His presence and wisdom, love and revelation.” -Alexander Schmemann, from For the Life of the World In Episode 1 of For the Life of the World, a new series from the Acton Institute, Evan Koons discovers...
Bob Woodson and ‘The Poverty Industry’
The Center for Neighborhood Enterprise in Washington is led by Robert Woodson who founded it in 1981 to help neighborhoods where what he calls “the poverty industry” doesn’t seem to help much. He’s torqued that many fellow African Americans have abandoned their poor brothers except to exploit them noting that 70 cents of every welfare dollar goes to social workers, counselors and others. His organization has trained 2,500 field workers in 39 states. He believes that instead of more government...
7 Figures: The Shifting Religious Identity of Latinos in the U.S.
Religious polarization is taking place in the munity, with the shrinking majority of Hispanic Catholics holding the middle ground between two growing groups (evangelical Protestants and the unaffiliated) that are at opposite ends of the U.S. religious spectrum, according to a new survey by the Pew Research Center. Here are seven figures you should know from that report: 1. Because of the growing Hispanic population, a day e when a majority of Catholics in the United States will be Hispanic,...
Obamacare: Less Choices, Fewer Doctors And You’re Gonna Like It
We Americans like choices. Go to any large grocery store and stand in awe at the vast array of cereals: everything from regular old oatmeal to some sort of toasted rainbow sprinkles of joy. The market economy is built upon choice: not only does the consumer have a choice in what she wants, she can stay away from things she doesn’t want, like bad service or poorly prepared food. Yes, we like choices. Obamacare is built on fewer choices, however....
Income Inequality: You Can’t Handle The Truth
The rich get richer and the rest of us…well, we struggle along. Shouldn’t those with more money be spreading it out a bit more? My coffers clink with spare change; I sure could use some of that money. It only seems fair, right? Peter Morici, at Breitbart News, tackles the truth of e inequality. Those of us in the “rest of us” category are getting crushed by monopolies, unjust taxation, and political corruption. That, Morici says, is the truth of...
4 Lessons We Can Learn from a McDonald’s Owner
You’ve probably never heard of Tony Castillo. Even if you live in West Michigan and have eaten at one of his three McDonald’s franchises you probably don’t recognize the name. But an inspiring profile of Castillo by MLive provides a number of lessons about economics and business that everyone should learn from this entrepreneur. Lesson #1: To be a successful business owner you should care about your stakeholders (customers, employees, suppliers, etc.) Ask Tony Castillo what he loves about owning...
Want To Change A Nation? Give A Girl A Book
I don’t know any terrorists, but they seem to be very fearful people. They are afraid of new ideas, other religions, air strikes, and bathing. Nicholas Kristof, of The New York Times, says that what terrorists are really afraid of are educated women. Kristof points out that the Boko Haram did not choose to bomb a church or go after politicians. They targeted a girls’ school. The biggest threat to a terrorist is a woman who can read, write, work,...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved