In thinking through the economic theory of liberal trade, it is helpful to draw a parallel with technological progress.

ECONOMIST: Profits over people

The Arabs will certainly draw a parallel with Israel's assassination techniques.

ECONOMIST: Yemen and the war on terrorism

French cigar traders draw a parallel with what happened to French wine making in the 1970s: despite scandals, defeats in tasting tests and competition from new wines on three continents, French growers complacently rested on their vines, convinced that they had the best soils, the best wine-making weather and the best grapes.

ECONOMIST: Cuban cigars