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Julian Adorney's avatar

My own example: I used to be very libertarian, until I moved to Kenya. In Kenya, I saw cops who were nakedly corrupt, streets in such ill repair that they looked like they were in a warzone, and crippled people on every street. When I came back to the US and didn't see any (well, much) of that, it sort of hit me like "Oh, this is why we pay taxes."

I still think shrinking the government will generally produce good outcomes, but Kenya changed me from "let's burn it all down!" to "let's tinker around the edges and see what happens."

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Simon Laird's avatar

I used to be very against Localism. As a good economist, I believed that specialization and comparative advantage could best be put to use by participation in the globalized economy. I thought that "Buy Local" was basically superstition.

But I eventually realized that there is a tradeoff between prosperity and sovereignty. How many people can't speak their mind at work because they fear losing their jobs - and if they were self employed they would be able to speak freely? When a community does not have any local businesses it is very vulnerable to decisions made a thousand miles away in corporate headquarters.

Moreover, in any giant organization there is opportunity for corruption. Keeping business small and close to home mitigates that risk.

Buying Local is sometimes good.

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