Connect with us

Hi, what are you looking for?

High Tech Investing News

New Defending Globalization Essay Just in Time for Thanksgiving: “Globalization Helps Feed the World”

Clark Packard

In anticipation of the Thanksgiving holiday this week, the Cato Institute published a new essay from Philip G. Hoxie entitled “Globalization Helps Feed the World.� Part of Cato’s ongoing Defending Globalization project, the essay documents how American farmers benefit from access to global export markets while trade exposure enhances the productivity of domestic farms and ranches. Likewise, Hoxie explains how imports lower food prices, expand access to varieties like out-of-season produce, and smooth supply chain disruptions. Finally, the essay highlights how recent trade policies, particularly those targeting China, have hurt American agricultural exporters.

Last fall, my Cato colleagues Scott Lincicome and Sophia Bagley published an essay explaining how trade and globalization have revolutionized cuisine while providing a pathway for immigrants to find employment and share their cultural traditions and experiences, which helps promote freedom and mutual understanding.

Phil Hoxie’s essay marks the 40th essay published as part of the Defending Globalization project. This month, the project also released “Faces of Globalization,� a four-part docuseries following some of the people whose lives depend on trade and globalization, and a book that compiles 25 of the project’s essays, edited by Scott Lincicome and me. More essays and additional content will be published over the coming months. Stay tuned.

You May Also Like

Sponsored Content

In fact, his posh car has almost no miles on it because he barely uses it. The only time you can spot this millionaire...

Sponsored Content

Start generating income almost any time you want using this unique type of trading strategy. It works equally well in bull AND bear markets....

Sponsored Content

I left my wallet at home… I don’t have any cash on me… And no credit cards either. But thanks to this 3–second financial...

High Tech Trading Life

Ken Griffin is the founder and CEO of the ,quantitative hedge fund Citadel. He also owns market maker Citadel Securities. He started trading while...