Directed trade

[With Apologies to Debbie from Cafe Hayek by Don Boudreaux

If you’re really interested in understanding international economics, you should instead read such books as Russell Roberts’s The Choice, Johan Norberg’s In Defense of Global Capitalism, Martin Wolf’s Why Globalization Works, Jagdish Bhagwati’s In Defense of Globalization, Paul Krugman’s Pop Internationalism, and Douglas Irwin’s Free Trade Under Fire. Sincerely, Don Boudreaux]

[On Burma, Democracy, G-20 - And The Future from ANTIDOTE by Sauvik

In our own country, this is precisely what led to the development of mighty cities like Bombay, Madras and Calcutta - built and administered by a private company. Trade was free - and the East India Company traded in opium, too…

In India, during British times, it must be remembered that there were over 650 "princely states" - and most of these were nothing more than small cities, as in Rajasthan. Gujarat was composed of over 150 of these - and there was perfect communal harmony, even during the Partition.] 

But the most operative wisdom in this respect comes from Justice, Nature and the Geography of Difference by David Harvey. A trading transaction is a unique moment involving the triple players: space-time-person and hence nursing a wish for the same is only a feeble propeller. [TNM]