Wednesday 18 June 2008

Boudreaux on Obama

Don Boudreaux makes a nice point about the economic reasoning of Barack Obama. Boudreaux writes
According to today's Wall Street Journal, Barack Obama alleges that "Globalization and technology and automation all weaken the position of workers." If this presidential wannabe is correct, then some of the world's most prosperous workers must be the people in that newly discovered tribe in Brazil -- persons with absolutely no contact with the global economy or with modern technology.

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