Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Jan 2, 2026 9:59 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
The spiritual core of political hate
A new study confirms that creeping tribalism has Americans bitterly divided, acrimonious, and dismissive of others based on political differences. Behind this animosity lies a spiritual principle that Rev. Timothy Keller touched on during his address at this year’s Acton Institute annual dinner. Keller, pastor of Redeemer Presbyterian Church in Manhattan, offered his insights in a lecture he titled “Identity, Business, and the Christian Gospel” – but its lessons go to the heart of every human being. Who am I?...
Rev. Tim Keller on the myth of omnicompetence
One of the dangers of forming a modern identity around achievement is what Rev. Tim Keller calls “the success-failure whiplash.” Succeeding in one area can cause people to believe they have the skills and inner qualities to do anything, and everything, alone – that they are petent. Keller discussed the process in his address to the Acton Institute’s 2018 annual dinner, which he titled “Identity, Business, and the Christian Gospel”: If your identity has e your business and your profession,...
The nation-state and security of freedom
In a recent article for Law and Liberty, Samuel Gregg, Acton’s Director of Research, reviews French political scientist Gil Delannoi’s new book Le nation contre le nationalisme. “Since 2016,” Gregg writes, “it has e evident that millions of people are not content to be herded, sheep-like, by intellectuals, techno-utopians, and supranational bureaucrats down the path of global governance. Their discontent is being expressed through a renewed emphasis upon the nation and an associated stress on nation-state sovereignty.” This emphasis on...
Manna and the land: God’s methods of miraculous provision
Throughout the Bible, we see miraculous moments of God’s immediate provision. He provides manna and quail for the Israelites in the wilderness (Ex. 16). For Elijah, he uses ravens to deliver bread and meat and later supplies daily meal and oil (1 Kings 17). He provides wine for the wedding at Cana (John 2). He multiples loaves and fishes among Jesus’ disciples to feed a crowd of five thousand (Matthew 14). Yet if God is able to intervene and provide...
The enduring influence of Russell Kirk’s ‘The Conservative Mind’
This is the seventh in a series celebrating the work of Russell Kirk in honor of his 100th birthday this October. Read more from the serieshere. Back in the glory days of the Reagan years, I considered myself a rather hard-core libertarian. My mom—one of the most brilliant and well-read persons I have ever known (and ever will)—was a devout Goldwaterite and munist. She read everything under the sun, and she encouraged me to do the same, never censoring anything....
Why we have a moral obligation to promote innovation
Note:This article is part of the ‘Principles Project,’ a list of principles, axioms, and beliefs that undergirda Christian view of economics, liberty, and virtue. Clickhereto read the introduction and other posts in this series. The Principle:25A — We have a moral obligation to promote innovation. The Definitions: Innovation –Something (i.e., an idea, method, process, product, service, tool, etc.) that isnew, original, or improved which creates value and is uniquely useful. (Source) Human flourishing – A holistic concern for the spiritual,...
What exactly is the unemployment rate?
Note: This is post #98 in a weekly video series on basic economics. If someone has a job, they’re defined as “employed.” But does that mean that everyone without a job is unemployed? Not exactly. For the official statistics, you have to meet quite a few criteria to be considered unemployed in the U.S., explains economist Alex Tabarrok. In this video by Marginal Revolution University, Tabarrok explains how unemployment is officially defined by the federal government. (If you find the...
Rev. Tim Keller on how the modern identity presents problems for life and business
On October 17, Rev. Timothy Keller delivered a keynote speech to a sold-out audience at the Acton Institute’s 2018 Annual Dinner. In his address, Keller explains the concepts of “traditional identity” and “modern identity” and their prevalence in present-day culture. Modern identity, claims Keller, presents serious problems for the contemporary business world. Keller presents the Gospel as the answer to modern issues of identity. From engaging work by scholars such as Charles Taylor to reciting lyrics from Disney’sFrozen, Keller’s municates...
Radio Free Acton: Hot, dirty, noisy: Purposeful work at Kerkstra Precast; Media blackout on Gosnell movie
On this episode of Radio Free Acton, award winning news anchor Anne Marie Schieber speaks with James Morgan about his job at Kerkstra Precast, an industrial plant. We get a look into James’ daily work and how he finds meaning and motivation in what he does. Then, Caroline Roberts talks to Phelim McAleer, co-producer of the newly released film “Gosnell: The Trial of America’s Biggest Serial Killer,” successful with audiences but since it’s release the film has faced harsh backlash,...
The spiritual core of political hate
“A new study confirms that creeping tribalism has Americans bitterly divided, acrimonious, and dismissive of others based on political differences,” says Rev. Ben Johnson in this week’s Acton Commentary. “Behind this animosity lies a spiritual principle that Rev. Timothy Keller touched on during his address at this year’s Acton Institute annual dinner.” The problem, Keller said, is that people chose a “modern identity” by defining pletely with one, selected characteristic or feeling. Often, it is a profession, especially high-status careers...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved