Tuesday, December 22, 2009

Free Trade

From the standpoint of individual freedom, why shouldn’t people be free to trade their money and other property with others, anywhere in the world? It’s their privately owned property, right? It doesn’t belong to society, or to the majority, or to the state. They earned it. It belongs to them. By freely entering into trades with others from around the world, they are not only exercising an important right, they are also improving their economic lot in life.

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