Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Dec 24, 2025 4:56 PM

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
Dietrich Bonhoeffer, the Two Kingdoms, and Protestant Social Thought Today
Jordan Ballor’s paper, “Dietrich Bonhoeffer, the Two Kingdoms, and Protestant Social Thought Today,” just made the Social Science Research Network’s current Top Ten download list for Philosophy of Religion eJournal. From the abstract: Last century’s Protestant consensus on the rejection of natural law has been quested in recent decades, but Protestant social thought still has much work to do in order to articulate a coherent and cogent witness to contemporary realities. The doctrine of the two kingdoms has been put...
ResearchLinks – 10.05.12
Call for Papers: “Economics, Christianity & The Crisis: Towards a New Architectonic Critique” The 2008 credit crisis is not only a crisis in economics, but also a crisis in the basic concepts and assumptions that underlie our thinking about economics, economics as a science. Critical analyses are called for of both economic practices and economic theory. New concepts and paradigms are needed. The first Kuyper Seminar Amsterdam aims at exploring what resources the Christian tradition has to offer for developing...
The New York Times Doesn’t Understand Freedom of Religion
In a model of Orwellian doublespeak, the New York Times published an editorial yesterday defending the ridiculous decision by U.S. District Judge Carol E. Jackson to dismiss the lawsuit filed earlier this year by Frank O’Brien and his O’Brien Industrial Holdings LLC. O’Brien had challenged the requirement that businesses offer employees contraception coverage through health care insurance, claiming it unconstitutionally violated his religious beliefs and the Catholic philosophy he applied in running his business. Not so, say the NYT editors,...
Get the Audio Edition of Defending the Free Market
The audio book version of Rev. Sirico’s Defending the Free Market has just been released, and is available at Amazon. If you haven’t bought book yet (or even if you have) you’ll want to download a copy today. ...
Foreign aid: ‘It’s not actually going to the people’
Speaking at a conference at Bethel College, Acton’s Director of Media, Michael Miller, told the audience that while good intentions are necessary in the fight against poverty, they simply aren’t enough. Miller spoke directly on the topic of foreign aid to developing nations: Western countries providing financial aid to developing nations seems to make sense, but there is no correlation between the extent of aid and economic progress in those countries, Miller said. Much of the aid goes to foreign...
Access Denied: Property Rights for Women Not a Given
A few days ago, a documentary entitled: Half the Sky: Turning Oppression into Opportunity for Women Worldwide, a portion of which is devoted to depicting the situation of violence against women in Sierra Leone, aired on Public Broadcasting Station (PBS). Not portrayed in the documentary, but also a factor that puts women in the country at a disadvantage is little or no right to private property. An INRN article states, “…the vast majority of women in Sierra Leone live under...
Acton Commentary: Obama Administration Leaves Human Trafficking Victims Out in the Cold
“Most of us enjoy an economy where we can purchase with ease the things we need and enjoy. However, there is no moral justification for mercialization of some things; human beings are not products to be bought and sold,”writes Elise Hiltonin the latest Acton Commentary (published October 3).The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publicationshere. Obama Administration Leaves Human Trafficking Victims Out in the Cold By Elise Hilton Imagine...
Mr. President, it isn’t your job to ‘channel’ America’s genius, grit and determination
One line from last night’s debate leapt out at me. It wasn’t a stumble amidst the cut and thrust of open debate. It was during President Obama’s closing statement—400 words that I’m guessing he and his staff crafted with painstaking care. About half way through his summation, the president gave his vision of government in a nutshell. He said that “everything that I’ve tried to do, and everything that I’m now proposing for the next four years,” was “designed to...
Economics is Intuitive
Economist Bryan Caplan sets out to prove thatbasic economics is intuitive: To make my prima facie case, I’m going to present a few allegedly counterintuitive economic propositions, then explain them at a 6th-grade level. 1. Counterintuitive claim: Free trade makes countries richer, even if the other countries have big advantages like cheaper labor or more advanced technology. Intuitive version: We’d be better off if other countries gave us stuff for free. Isn’t “really cheap”the next-best thing? 2. Counterintuitive claim: Strict...
Video: Colorado Priest Condemns Socialism at GOP Assembly
You might get goose bumps watching this fiery speech by Fr. Andrew Kemberling. After all, it is not every day we hear a wholesale condemnation socialism from a priest on the “pulpit” of a conservative political rally! This vociferous pastor from St. Thomas More parish in Centennial, Colo., delivered an impassioned address last May. It may be old news, but the video has gained enormous popularity and even gone viral (over 1.3 million views) just one month before the U.S....
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved