October 02, 2003

The greatest technology ever invented

Let me introduce you to the greatest technology ever invented.

This device can accept bicycles in one end and spit out scissors at the other. If you don't have bicycles to offer, it will take cars or chairs or flowers or cheese. If you don't want scissors it can offer you timber or fruit or microprocessors or people who'll answer your phonecalls. In fact, it will accept just about anything you can offer and provide anything you might want in return. This is wonderful because it allows you to concentrate on providing what you're best at (relative to everyone else) and still get your hands on all the things you need to live and enjoy life.

This unique 'technology', this remarkable 'device' is, of course, trade. It's the biggest booster of productivity and raiser living standards that has ever been devised. Weak politicians, kowtowing to vocal special interests, often try to stifle it but at least some are out to protect and promote it (1|2|3).

Then you read a piece like this. Blame India?! Blame India for what, exactly?

Posted by timo at October 2, 2003 10:39 PM | TrackBack
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