The global economy is on a growth streak that is shaping up to be the broadest and strongest expansion in more than three decades. Rising spending and investment by consumers and businesses worldwide are boosting national economies on every continent, pushing down unemployment rates in many countries and lifting business earnings and confidence. . . . The trend is being driven by free trade, which has created millions of jobs in emerging nations in recent years, fueling stunning new wealth in those countries. (Los Angeles Times, Sunday)
Imagine if liberalism went all the way down to the roots.
FEE Timely Classic
Free Trade and the Climb Out of Poverty (pdf) by Steven Horwitz