DYSPEPSIA GENERATION

We have seen the future, and it sucks.

I’ll Defend IQ

18th July 2007

Arnold Kling.

In a meadow economy, the human race is a grazing herd. The naturalists are the ones who eat the best. This was the economy up until about 1800 everywhere, and it still applies in the underdeveloped world today.

In the West since 1800, we’ve been moving to the food court economy, where we use complex recipes and convoluted trading mechanisms to translate basic ingredients into fancy consumption goods. Overall, most of the value nowadays is in the recipes, not in the ingredients.

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