Everyday Millions of Strangers Work for You
1st September 2013
Don Boudreaux gives us a little elementary economics.
One way – there are many ways, of course – to highlight the marvelousness of our age is to note that, unlike for the multitudes of all of our pre-industrial ancestors, nearly everything that an ordinary denizen of our age consumes is something that
(1) that person did not personally make;
and, most spectacularly,
(2) no single person knows how to make – that it, it is something the construction and supply of which require the knowledge, skills, and efforts of literally millions of individuals.