New Defending Globalization Content: The Trade Balance, Globalization of Popular Music, and Globalized Film and TV

Scott Lincicome

Today we’ve published three new essays for Cato’s Defending Globalization project:

“The Trade Balance and Winning at Trade,” by Andreas Freytag and Phil Levy, explains that the trade balance is a particularly bad measure of national well-being.

“The Globalization of Popular Music,” by Clark Packard, traces how popular music became globalized, with particular attention paid to the Beatles.

“The Democratic Promise of Globalized Film and Television,” by Paul Matzko, shows that viewers today enjoy a larger, more diverse selection of high-quality video content than ever before—and even greater changes may be on the way.

And in case you missed it earlier this week—we worked with a major multinational retailer to make our own T‑shirt, which followed a surprisingly complex supply chain involving dozens of people in several countries, including the United States. We also created a new website to document the T‑shirt’s journey from idea to doorstep.

This content joins 36 other essays and additional multimedia features on the main Defending Globalization project page.

Make sure to check it all out and stay tuned for future releases.