This seems to be the conclusion from this new book reviewed in the NYT. (H/T Crossingwallstreet). The book's central thesis: "“At some point,” Dr. Ridley writes, “after millions of years of indulging in reciprocal back-scratching of gradually increasing intensity, one species, and one alone, stumbled upon an entirely different trick. Adam gave Oz an object in exchange for a different object.”"
And the author's prediction for the rest of the century: “Prosperity spreads, technology progresses, poverty declines, disease retreats, fecundity falls, happiness increases, violence atrophies, freedom grows, knowledge flourishes, the environment improves and wilderness expands.”
Showing posts with label Trade. Show all posts
Showing posts with label Trade. Show all posts
Tuesday, May 18, 2010
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