To be sure, an added few years on the job may enable some workers to reach retirement with reasonable security and dignity, but if we hinder competitive progress, we will almost certainly slow overall economic growth and keep frozen in place younger workers whose opportunities to secure jobs with better long-run prospects diminish with time.
Terrorism poses a challenge to the remarkable record of globalization. A global society reflects an ever more open economic environment in which participants are free to engage in commerce and finance wherever in the world the possibilities of increased value added arise. It fosters ever greater cross-border contact and further exploitation of the values of specialization but on a global scale.