All Commentary
Wednesday, January 26, 2011

Obama Speech Emphasizes Competition Among Nations

“President Obama challenged Americans on Tuesday night to unleash their creative spirit, set aside their partisan differences and come together around a common goal of outcompeting other nations in a rapidly shifting global economy.” (New York Times)

The idea that nations compete with one another leads inexorably to government-business management of the economy.

FEE Timely Classic
“Globalization: Extending the Market and Human Well-Being” by Gennady Stolyarov II