21 October 2011
04 October 2011
15 April 2011
This is a really insightful perspective on global free markets and trade treaties. It dates from 1994 but provides a lot of food for thought. Particularly, Sir James Goldsmith repeatedly made the point that setting up factories overseas to then import the goods back to the U.S. takes jobs from Americans, although this is thoroughly discussed and disputed.
He also discusses the role and purpose of an economy in society. The economy is to serve the people. When unemployment rises, so does crime and other negative societal effects.