New Paperback Edition, Revised and Expanded
Mankind stands on the brink of the greatest increase in prosperity in history. In the bubble years the markets got ahead of the economics. Now the economics are about to get ahead of the markets.
The conditions are now in place for the rate of accumulation of knowledge and hence technological progress to speed up, and for an explosion of trade with the developing countries. While it may not be so quick or spectacular as stock-market booms, this really is a source of money for nothing. Meanwhile, after the collapse of communism, the route to good governance is now open to all countries.
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