Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Dec 8, 2025 7:57 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
Papal Rosary at the Vatican
Recently, I had the distinct honor to represent Canada at the Papal Rosary for University Students in Rome. The event was held in the Pius VI Hall and was well attended by more than 12,000 students and faithful. Though the story behind my choice of country remains long and obtuse, suffice to say it was an honor to represent any English speaking country before the Holy Father. The Pope’s message following the Rosary promotes virtue, freedom, and justice for all....
Who said it?
Surely these are the words of a disciple of Hayek or Friedman, right? Under the guise of protecting us from ourselves, the right and the left are ing ever more aggressive in regulating behavior… …The real question for policy makers is how to protect those worthy borrowers who are struggling, without throwing out a system that works fine for the majority of its users (all of whom have freely chosen to use it). If the tub is more baby than...
Educational freedom under attack
As many PowerBlog readers will be aware, homeschooling is an educational choice that increasing numbers of parents are making. Once a fringe activity operating under the radar of the law, over the course of the last thirty years it has practically gone mainstream, being legalized de jure in most states and de facto in the others. No one has precise numbers (the government can’t track them!), but everyone agrees that the number of homeschooled children in the US has long...
Sensationalist reporting muddles Catholic social teaching
“Recycle or go to Hell, warns Vatican”. “Vatican Increases List of Mortal Sins”, “Vatican lists ‘new sins’, including pollution”. These were three of the most sensationalist headlines in yesterday’s English-speaking press, picking up on an interview with a Vatican official published in L’Osservatore Romano on Sunday. The official, Bishop Gianfranco Girotti, is the mand at the Apostolic Penitentiary (despite the name, it is not a jail but the Vatican office responsible for issues relating to the forgiveness of sins in...
A private matter
Via Hugh Hewitt, here are Carol Platt Liebau’s thoughts on the prostitution scandal now engulfing New York Governor Eliot Spitzer: The whole idea, pioneered by you-know-who and enabled by you-know-who-else, is that illicit sexual behavior and the scandals resulting therefrom can be brazened out by the insistence that they are irrelevant to the discharge of public duties. As I argue in my book, it’s all part of a new ethical calculus concluding that — uniquely in the constellation of virtues...
Two words of praise and one of caution
I’ve been on record more than once regarding my own doubts and criticisms of the precise political pronouncements made by various church groups, especially offices and branches seemingly representing the institutional church. So when I see something sensible and ing from these same sources, it’s only right and fair that I acknowledge and celebrate them. Here are two items worthy of notice: The first is from the newsletter of the Office of Social Justice and Hunger Action (OSJHA) of the...
Muslim tolerance
At 93% Muslim—Orthodox churches account for most of the rest—Azerbaijan is the sort of country that tends to lack what some have called “reciprocity,” meaning that Christians enjoy the same freedom relative to the Muslim majority as Muslims do in Christian-majority nations. Amidst the justifiable attention and worry religious liberty advocates have lately devoted to the problem (see our own John Couretas on Turkey), it is good to note instances of progress. Such a story emerges this week from the...
Philadelphia’s tax mess calls for reform
When I lived in Philadelphia, Pa. as young boy, I always wondered why they called it the city of “Brotherly Love,” especially since some of the neighbors seemed so mean. The name “Philadelphia” is mentioned in Revelation 3:7. William Penn gave the city that name so as to serve as a reminder of the importance of religious liberty, peace, and an optimistic spirit. “We must give the liberty we seek,” said Penn. Some of my family roots hail from the...
Elizabeth Anscombe’s ethical challenge
The Pontifical University of the Holy Cross in Rome held a conference last month dedicated to Elizabeth be’s work Intention and essay “Modern Moral Philosophy”, a groundbreaking paper for the field of ethics. be (1919-2001), an Irish convert to Catholicism, was a fellow of philosophy at Cambridge and Oxford Universities, wife to philosopher Peter Geach, and mother of seven. She wrote a number of different papers and articles following ethical questions of her day, for example just war theory in...
Not so fast…
The big boys at the Southern Baptist Convention are running from Jon Merritt’s statement on ecology and climate change faster than a pack of polyester-clad deacons trying to beat the Assembly of God folks to Denny’s for Sunday brunch. The so-called “Southern Baptist” statement is not an initiative of the Southern Baptist Convention which voiced its views on global warming last summer in a resolution, “On Global Warming”. More from WorldNetDaily: “For the record, there has been no change in...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved