"The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the
neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another." ~ Milton Friedman
More on Sweatshops and Free Markets
"In my opinion, a sweatshop is an antiquated form of wage slavery that does not belong in a free society any more than conscription or the Atlantic slave trade. Economists like Paul Krugman have provided an ideological foundation for sweatshops because they are an integral part of the globalist worldview, but that is a worldview that libertarians, anarcho-capitalists, and other likeminded individuals oppose."
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