Dr. Donald Boudreaux, professor of economics at George Mason University, explains one way in which society has been “cleaned by capitalism.” Boudreaux offered these comments during an April 23, 2012, speech to the John Locke Foundation’s Shaftesbury Society. To watch full-length presentations of JLF events, click here.
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If we are wise enough to preserve the Union we may for ages enjoy an advantage similar to that of an insulated situation. Europe is at a great distance from us.
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Considering our distance from Europe, it would be more natural for these confederacies to apprehend danger from one another than from distant nations, and therefore that each of them should be more desirous to guard against the others by the aid of foreign alliances, than to guard against foreign dangers by alliances between themselves.
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