Globalization = Good

January 11th, 2010
Nothing in the current recession should lead us to think that globalization will be slowing.  In fact, the free flow of money in international markets is as much a cure as a cause of the recent economic crises.  In Sonic Boom: Globalization at Mach Speed, Gregg Easterbrook, contributing editor to The Atlantic, thinks we have yet to see the real impact of globalization.  He contends that the world is about to become far more globally linked and that it will lead to great economic prosperity, knowledge and freedom.  However, even Easterbrook acknowledges that these changes will be unsettling, cause dislocation and give everyone one hell of a headache. My conversation with  Gregg Easterbrook:

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