Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Dec 24, 2025 4:26 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
IRS Audited 69% of Filers Who Claimed Adoption Tax Credit
Adopting a child can be a laborious, time-consuming, and expensive process. So why is the IRS trying to make it even more laborious, time-consuming, and expensive? As David French notes, in 2012, the IRS requested additional information from 90 percent of returns claiming the adoption tax credit and went on to actually audit 69 percent: So Congress implemented a tax credit to facilitate adoption – a process that is so extraordinarily expensive that it is out of reach for many...
Desperate Entrepreneur Atop St. Peter’s Pleads to Pope
What a sweet spectacle it is to observe Rome’s pastel-colored cityscape and glowing white marble churches from above St. Peter’s Basilica just before sunset.But this is not what one Italian entrepreneur had in mind late Monday evening and years since experiencing any kind of dolce vita in his native land. According to local press reports, around 6:00 pm on May 20, Vatican police and tourists discovered a businessman from Trieste, Marcello Finizio, atop the massive dome of St. Peter’s, the...
Tim Keller: 5 Ways the Bible Shapes Our Work
At The Gospel Coalition’s 2013 National Conference, Tim Keller kicked off a Faith at Work post-conference by exploring what itmeans to be a Christian in the marketplace. Keller argues that we have to view our work through the larger Biblical story ofCreation > Fall > Redemption > Restoration. IfGod is the creator of all things, and if through Christall things are made new, that process of restoration must include our work. Keller proceeds to offer five ways that the theology...
Nostalgia for Mid-Twentieth Century Middle Class Isn’t All It’s Cracked Up To Be
Don Boudreaux and Mark J. Perry at Cafe Hayek are here to tell you: life in the 1950s for America’s middle class is not the wonderland we might like to think. A favorite “progressive” trope is that America’s middle class has stagnated economically since the 1970s. One version of this claim, made by Robert Reich, President Clinton’s labor secretary, is typical: “After three decades of flat wages during which almost all the gains of growth have gone to the very...
Supreme Court Will Re-Examine Prayer at Government Meetings
Even before America became a republic, Americans have opened public meetings with prayer. The Supreme Court even acknowledged this fact thirty years ago in the case of Marsh v. Chambers. Writing for the majority, Chief Justice Burger said, “From colonial times through the founding of the Republic and ever since, the practice of legislative prayer has coexisted with the principles of disestablishment and religious freedom.” But the “ever since” may soon ing to an end. After two residents Greece, New...
Will Think Tanks Replace Universities?
Alejandro Chafuen, board member of the Acton Institute and a contributor to , has recently written an op/ed asking, “Will think tanks e the universities of the 21st century?” He says that “think tanks and the academy in all likelihood, were united at birth.” and that “Massive Online Open Courses, or MOOCs, are affecting universities as few other developments in the history of education. [He] would not be surprised if taking advantage of this technology some of the major think...
The Failing Success of Population Control in the Developing World
published a press release from the Guttmacher Institute, the research division of Planned Parenthood, summarizing a new study that “the poorest countries are lagging far behind e developing countries in meeting the demand for modern contraception. Between 2003 and 2012, the total number of women wanting to avoid pregnancy and in need of contraception increased from 716 million to 867 million, with growth concentrated among women in the 69 poorest countries where modern method use was already very low.”...
Study: Entrepreneurs Pray More Frequently Than Non-Entrepreneurs
About a decade ago I joined a couple of other semi-clueless entrepreneurs in starting a regional newspaper in East Texas. Although I had always been a praying man, I found a lot more to pray about while starting a business: praying we’d make payroll, praying we’d find advertisers, praying the newspaper industry wouldn’t collapse before our next edition, etc. Apparently, I wasn’t alone. According to information recently published by the Association of Religion Data Services, U.S. entrepreneurs pray more, meditate...
Entrepreneurs Find People With Autism Employable
People with autism frequently have a difficult time socially: they don’t always pick up on social “cues” most of us take for granted such as vocal inflections, facial expressions, gestures and maintaining eye contact. In terms of finding suitable jobs, this can be an obstacle. However, there are entrepreneurs who actively seek out the autistic as employees. Thorkil Sonne of Denmark is the founder of a software pany, Specialisterne. pany uses their special skills to out-perform the market and offer...
America: Current Threats To Your Religious Liberty
As part of the United States Conference of Catholic Bishops (USCCB) “Fortnight For Freedom” campaign, the USCCB has enumerated a number of threats to Americans’ religious liberty. Besides the on-going battle with the Obama Administration regarding the HHS mandate and the gutting of funding to Catholic programs that fight human trafficking, the bishops want us to be aware of these perils to religious liberty: Catholic foster care and adoption services. Boston, San Francisco, the District of Columbia, and the State...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved