Every time two people come together and trade, wealth is created.Out of thin air. By magic.
Every trade, every bit of work done by every human on the planet increases the complexity and order of the whole, and thus makes it more valuable.
This is a rich subject, one we will return to in a following chapter.
But for now, suffice it to say that if I, as a member of a hunter tribe, make great spears and crappy baskets, and you, as a gatherer, make beautiful baskets and miserable spears, then when we exchange my spear for your basket both of us walk away richer.
Every trade, every transaction, increases the total wealth -- for both parties.
He said that, as a liberal, Louis C.K. would probably be offended that Bill referred to him favorably.It turns out that Louis C.K. was just voted by Rolling Stone magazine as the funniest man in America last year!
(Personally, I had never heard of Louis C.K. -- since I don't watch much TV.
From The 50 Funniest People Now: Louis C.K. | Rolling Stone:
In 2013, Louis C.K. is the Great American Comedian: our chubby, schlubby, ginger-haired conscience, id, and jester-in-chief.You can watch some young professionals [slackers] talking about Louis C.K.'s "Everything is Amazing, and Nobody's Happy" here:He's a poet of existential malaise, but his signature standup bit, "Everything is Amazing and Nobody's Happy,"
extols the beauty of life and the magic of modern technology...