The Public Interest

The truth about globalization

Timothy Taylor

Spring 2002

To keep my economist union card, I am required every morning when I arise to place my hand on the leather-bound family heirloom copy of Adam Smith’s The Wealth of Nations and swear a mighty oath of allegiance to globalization. I hereby do asseverate my solemn belief that globalization, taken as a whole, is a positive economic force and well worth defending. I also believe that the economic and social effects of globalization are exaggerated by both its detractors and supporters.

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