EconTalk | 18 October 2010 | 0h 59m | Listen Later | iTunes | Spotify
Interview with Matt Ridley about his book The Rational Optimist: How Prosperity Evolves. Discusses why he is optimistic about the future and how trade and specialization explain the evolution of human development over the millennia. Argues that life is getting better for most people and that the underlying cause is trade and specialization. Discusses the differences between Smith’s and Ricardo’s insights into trade and growth and why, despite what seems to be strong evidence, people are frequently pessimistic about the future. Also addresses environmental issues.
My favourite author, discusses my favourite book, on my favourite podcast. Merry Christmas.