Monday, January 27, 2014
Things Can only Get Better - Except When The Politicos Are Involved
Trade barriers is not the whole story since the main factor in trade is shipping cost which has dropped enormously with the advent of shipping containers and keeps dropping as ship design and their increasing size keeps making them more efficient. The non-political cost of shipping something from China to Liverpool is now often less than driving it from Liverpool to here.
Nonetheless it is important to remember that even though anything driven by technology is getting much better, politically driven stuff, of which war is the most obvious, is more equivocal.
Our political systems are not only backward compared to technical ones, they are barely improving.