Cosmic Economics

Gagdad Bob over at One Cosmos has a post, "Will Stem-Cell Research Lead to a Cure For Progressivism?" which relates to several of mine quite interestingly. My recent discussions of tribe, resources, and evolutionary psychology parallel some of his concepts.

“For millennia -- until quite recently -- human beings struggled to rise above subsistence because of a stubborn inability to recognize how wealth is created. Certainly into the late 18th century, people mistakenly believed that there was simply a fixed amount of wealth in the world, and that it was left to individuals and governments to fight over their share. Not until Adam Smith was it recognized that wealth can grow without limits, but obviously even now people have a hard time wrapping their minds around this idea.”

Now, Bob is one unusual dude. No doubt. But you can handle it.