Friday, December 14, 2007

Don't Blame Free Trade...

http://www.charlotte.com/business/story/403232.html

Above is a link to a recent news story concerning "free trade". To be honest, the story has nothing to do with free trade.

Free trade is the voluntary exchange of goods and/or services between consenting individuals. No force or fraud is present with true free trade. For example, I love flea markets and yard sales, where individuals exchange money for goods. Sometimes individuals swap goods instead of cash. With the exception of the use of fiat currency and (in some places) permits, yard sales/flea markets are probably the closest things we have resembling free markets.

The term "free trade", like "anarchy" or "capitalism", means different things to different people.

It is the responsibility of freedom lovers everywhere to educate those less informed as to the true meaning of these terms.

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