[inquest]

This article ignores the real danger from economic globalization: political globalization. As trade barriers come down, multinational corporations will have extra freedom to maneuver away from national regulatory apparatus. Those who think this will result in a new era of competitive deregulation are sadly mistaken. The political class isn't going to just sit by and let things go unregulated. Instead, they're going to demand - and get - international regulatory apparatus.

I mean, just look at the EU.

[Paulie]

I agree with you.

[Paul Ross]

Instead, they're going to demand - and get - international regulatory apparatus. I mean, just look at the EU.

Common-Sense Bump!