Adam Smith

Adam Smith made a bold intellectual step in 1776 when he proposed international trade benefits all involved. If you need a case study in the benefits of trade, look at the United States itself. The US economic power derives from unfettered trade between 50 states. Why must the benefits of trade stop at the US border?

While it is nearly impossible to convince the public about the benefits of trade, some in government understand. Protectionism does not keep jobs! If politicians want to keep jobs, they need to ensure an educated, flexible and productive workforce.

(Caption) I am visiting the grave of Adam Smith in Edinburgh, Scotland in 2001. The grave stone is attached to the back of a building on the Royal Mile.