Fire and Knowledge

If the European Union permitted 100 percent free international trade, every worker who lost his job as a result of foreign competition could be paid $100,000 a year in compensation and the European Union countries would still come out ahead. Alternatively, the displaced workers could simply go find other jobs. Whatever losses they might encounter in the process do not begin to compare with the staggering costs of keeping them working where they are.

—Thomas Sowell, Basic Economics (3rd Edition, Basic Books, 2007), p. 480.