Market Correction

Trade or Terror?
5 November 2006

Editor, The Atlanta Journal-Constitution

Dear Editor:

How ironic that Cynthia Tucker mentions "Enlightenment ideals" in the same column in which she asserts that globalization is "a more insidious force" than al-Qaeda ("U.S. economy's downhill slide picks up speed," November 5). Forget her unenlightened disregard of facts - such as her suggestion that home-ownership is increasingly out of reach for Americans. (In fact, the percent of Americans owning their own home now is at an all-time high.) She embraces two antedeluvian attitudes that are rejected by enlightened thinkers: tribalism and superstition.

Globalization is opposed chiefly by tribalists and by those who cling to the absurd superstition that commerce with people living in different parts of the world is dangerous.

Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on Wednesday June 13, 2007 at 12:30pm

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