So does all this matter? Or is globaloney just a harmless way of getting people to pay more attention to globalization-related issues? I want to suggest that actually, globaloney can be very harmful to your health. First of all, recognizing that the glass is only 10 to 20 percent full is critical to seeing that there might be potential for additional gains from additional integration, whereas if we thought we were already there, there would be no particular point to pushing harder. It's a little bit like, we wouldn't be having a conference on radical openness if we already thought we were totally open to all the kinds of influences that are being talked about at this conference. So being accurate about how limited globalization levels are is critical to even being able to notice that there might be room for something more, something that would contribute further to global welfare.