What we’ll cover this time
Do you scroll through the news on your phone every day and feel like the world is about to end? In *The Rational Optimist: How Prosperity Evolves* (written by Matt Ridley), I use icy-cold data and hard-nosed logic to beat pessimism senseless, showing that human society has a very good chance of continuing to improve. The world today is far better than it was in the past—and tomorrow can be better still!
Highlights:
— Busting the fantasy of the good old days: in 1800, “country life” actually meant smoke and coughs, tooth-pulling without anesthetic, and half of all children dying before adulthood
— Self-sufficiency = poverty: it took one person nine months and $1,600 to make a bread machine that still didn’t work; exchange and the collective brain are the real sources of shared abundance
— Exchange as “conceptual sex”: how the “mating” of goods and ideas, much like biological evolution, gives birth to explosive innovations such as cars, steam engines, and microchips
— The commercial creation of virtue: the more self-centered a primitive self-sufficient tribe is, the more compassionate a highly commercial society becomes—and finally, a natural experiment turns everything upside down
Jump to a section
- 00:00 Is the world getting better or worse? The blogger’s long-term rational optimism
- 02:57 Scene 1: Busting the “good old days” fantasy—the real hardships of farming families in 1800
- 08:30 The true measure of prosperity: time! (Human-made light, from 5 hours of labor to 0.5 seconds)
- 09:51 Scene 2: Self-sufficiency is poverty—the bread-machine experiment
- 13:24 Scene 3: The collective brain—exchange lets ideas “mate” and innovation explode
- 18:55 Scene 4: How trade gave birth to agriculture and cities, and put the brakes on empire-building
- 21:20 Scene 5: How did commerce “manufacture” trust and virtue? The final natural experiment
- 24:55 Scene 6: Dissecting pessimism—why are predictions of the end times always wrong?
- 28:40 Three stubborn biases: the truth about fossil fuels, agriculture, climate, and AI
- 32:40 Closing: Embrace the order of exchange and become a brave rational optimist
About the book
- Title: *The Rational Optimist: How Prosperity Evolves*
- Author: (British) Matt Ridley
- Publisher: Machinery Industry Press
- Publication date: 2015-07
- ISBN:9780061452055
Leave a Reply