Economists on the RUN

Discussion in 'Economics' started by bone, Jul 17, 2020.

  1. JSOP

    JSOP

    That's colonization. That's not the same as globalization. And Silk Road is not globalization either, that's international trade.
     
    #31     Jul 26, 2020
  2. SunTrader

    SunTrader

    Whatever, I see no difference trade = globalization. Long before there also was an Adam Smith the invisible hand has been working to fulfill needs wherever goods/services were available. Marco Polo brought from the Far East pasta (noodles) to Italy. Italy brought it to the rest of the world. And on and on. Best price/quality/availability combo wins - wherever.
     
    #32     Jul 27, 2020