OK, yes, shocking title but bare with me here.
Obligatory pre-post WARNING: This post is a bit of a rant, bit of my ideas, bit of truth, bit of something to teach, and hopefully some I can learn from as well.
Now for as long as I have been learning about economics there have three fundamental building blocks to economies, in no order:
I feel it is pretty clear we have a fourth, fundamental building block of economics.
Some might argue that the Internet is just another form of infrastructure, like how good roads, railways, and water passages have helped build economies. But the brick and mortar infractrures dont make money by themselves. They are catalyst to speed economic growth up. OK, yes, these statements make the internet sound like freeways on steroids but the internet does more that than.
It educates. It manufactures. It extracts.
Some day all the old guard will finally die off. And most of the industrial world will be full of leaders who never new life without the internet. All laws will have an undertow that the internet will guide, it will be the, beg my misnomer, natural way of things.
Ignore this, that’s fine, I may be just dying to play an hand of online poker anyway.
Thanks for reading,