I, Toaster II

by Don Boudreaux on January 15, 2011

in Adam Smith, Cleaned by Capitalism, Complexity & Emergence, Cooperation, Everyday Life, Standard of Living, Trade, Video

This ten-minute TED talk by Thomas Thwaites is a must-see.  Its lesson about the importance of trade, cooperation through competitive markets, and our current standard of living cannot be lost on any thinking person.

(I posted on this project back in June 2009, by linking to an article by Reason‘s Radley Balko – an article to which Mr Thwaites replied.)

(HT Kyle Flynn and Greg Loutsenko)

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