OxBlog

Saturday, February 22, 2003

# Posted 3:23 PM by Ariel David Adesnik  

MORE ENGAGEMENT: In an NYT op-ed, the Clinton administration's US Trade Rep argues that freeing Middle Eastern markets from crippling state restricitons will promote trade and, by extension peace.

While I am all for freer markets and more trade, no one should have any illusions about their bringing peace. Remember what trade theorists said in Europe before WWI? That's right: that the nations of Europe would never fight because it would disrupt trade. While one example does not an argument make, the fact is that trade has no record of preventing wars.

Clinton's Trade Rep also says that trade will promote growth, thus reducing poverty and, by extension, terrorism. How many times do we have to go over this? The "root causes" of terrorism are not poverty and deprivation. Bolivians haven't shown much of an interest in bombing the Pentagon, have they?
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