David,
Ok, I'll say that George was short, but I think notions that there are productivity gains which you can't easily immediately put your finger on are correct, and so it is difficult to go further. But you have done so after a fashion in describing the market information busted bottleneck. Things happen much faster now. But it's just one example. Missteps not taken due to easy information availability, how do you measure that? Minds expanded in ways they otherwise wouldn't be, how do you measure the effects of that? Contrary to some humorous notions to the contrary, a book is part of real life, and so is the internet. Increased communication can provide naught but good, IMO. So while this may be difficult to quantify, it may well still be the best of common sense, if not pragmatic too.
Re: "<A real world similar example of this today might be Rekjavic(sp?) Iceland, where crime is minimal, and the
natural steam power providing for energy needs at costs nearly free, is there to thank.>
And where you don't need a cell phone because you just yell across the street. :)"
Hehehe, well, in all seriousness, there are hundreds of thousands of people there. All that free energy and a benevolent King to boot, last I knew anyway.
Dan B |
