over on ventureblog they've got a really good essay that conceptualizes trade as a technology. like (most?) technologies trade increases productivity. increases in productivity mean increases in production for a given number of workers. or, problematically, the same production with less workers. either means cheaper gizmos but if you're unemployeed that might not be much consolation.
Posted by drewish at November 22, 2003 07:31 PMTrackBack URL for this entry:
http://drewish.com/mt/mt-tb.cgi/823
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