Alex Tabarrok: How ideas trump economic crises — a surprising lesson from 1929

via Alex Tabarrok on how ideas trump crises | Video on TED.com.

About this talk

The “dismal science” truly shines in this optimistic talk, as economist Alex Tabarrok argues free trade and globalization are shaping our once-divided world into a community of idea-sharing more healthy, happy and prosperous than anyone’s predictions.

Almost as good as the talk, which is embedded below, are the comments. At the moment my mind is open to his premise, but I worry that his economic globalization parallels the troubling “one world order” that is a continuing undercurrent in America’s national and international policy.

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