This quote:

Wal-Mart has also lulled shoppers into ignoring the difference between the price of something and the cost. Its unending focus on price underscores something that Americans are only starting to realize about globalization: Ever-cheaper prices have consequences. Says Steve Dobbins, president of thread maker Carolina Mills: "We want clean air, clear water, good living conditions, the best health care in the world--yet we aren't willing to pay for anything manufactured under those restrictions."


from Don's article was my point exactly. It is quite well recognized among actual economists, who have actually studied economics, not the "home ec" version of cheap prices that Martin seems to have majored in.

Really, Martin, the fact that you resort to such puerile taunts whenever anyone shows you to be wrong is pathetic. As soon as your posturing about your great economics knowledge was exposed as a sham, it went from "don't you even know economics?" To "You're a druggie and it's none of your business how I spend my money! Nyah!"