November 19, 2006

SHOULD HAVE STUCK WITH THE GOP--THE PEACE PARTY...:

Want world peace? Support free trade. (Donald J. Boudreaux, 11/20/06, CS Monitor)

During the past 30 years, Solomon Polachek, an economist at the State University of New York at Binghamton, has researched the relationship between trade and peace. In his most recent paper on the topic, he and co-author Carlos Seiglie of Rutgers University review the massive amount of research on trade, war, and peace.

They find that "the overwhelming evidence indicates that trade reduces conflict." Likewise for foreign investment. The greater the amounts that foreigners invest in the United States, or the more that Americans invest abroad, the lower is the likelihood of war between America and those countries with which it has investment relationships.

Posted by Orrin Judd at November 19, 2006 7:40 PM
Comments

Another academic's firm grasp of the obvious.

Posted by: erp at November 20, 2006 9:30 AM
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