This is the Cato Daily Podcast for Tuesday, November 20th, 2007. I'm Caleb Brown.

Those who fear globalization and those who fear immigration are often the same people.

And while America may sound more like Lou Dobbs than even just a few years ago,

author Philippe LeGrain argues that these anti-globilization opinions rest on some false

premises.

Some recent polling data indicates that Americans are suspicious of globalization,

Europeans are as well. In some regards, even the average American is beginning to

look more like Lou Dobbs than he might have even seven years ago?

Yeah, I think it's pretty clear that a growing number of Americans are worried about their future and that of their children.

And that they're also concerned at the fact that some Americans seem to be doing much better than others.

And they think that the Chinese and other foreigners are responsible for this primarily through trade.

And it's certainly true that adapting to a world where basically we've gone from a labor

force which consisted of 1 billion people in rich countries

to now a global labor force where 1 billion Chinese, 1 billion Indians and people in other countries such as Vietnam,

former Soviet Union and so on, are also participating in the global economy.

Is a big adjustment to go through. the same time it's undeniable that globalization

helps spur economic growth and that America's openness to it to it is one of the sources of its prosperity.

That means, therefore, that means have to be found to reassure and to help Americans who feel left out by change adjust to that change

rather than trying to shut off the source of America's prosperity.

There seems to be a common thread in your two books and that is opponents of immigration

have a problem with the idea of jobs being taken away from

Americans in this country but then again a bonnets of globalization are very

...