01 August, 2017

Extract from Matt Ridley Speech-12th July,2017

"Ricardo proves that if you specialise, then it makes sense to exchange, and vice versa. Working for each other is the grand theme of human history, one that has waxed and waned, but mostly waxed, over tens of thousands of years, with an incredible acceleration in the last 50 years thanks to free trade.

In that half century we have gone from 75 per cent of the world living in extreme poverty, to just 9 per cent. We have increased human productivity by some 3,000 per cent."

Link to the complete speech- https://capx.co/the-case-for-free-market-anticapitalism/
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