Don’t forget inventions: in the long run, changing the set of available goods and services has been even more important (!) than improving their distribution. Notable post-WWII examples include high-yield cereal varieties, smallpox and polio vaccines, everything made with semiconductors and all the services they enable...
Don’t forget inventions: in the long run, changing the set of available goods and services has been even more important (!) than improving their distribution. Notable post-WWII examples include high-yield cereal varieties, smallpox and polio vaccines, everything made with semiconductors and all the services they enable...