A Very Convenient Forum

On Tuesday, obviously we had the
forum where Gregg Easterbrook talked about his two books. In the middle of his talk, he mentioned
globalization directly. He talked about
two different categories that globalization would have a major impact in. Those two categories were economic growth and
the network growth. In economic growth,
he talked about how all of our economies are overlapping, in part because of
importing and exporting. He also talked
about how the two major superpower countries of the world-China and the
U.S.-are mainly cooperating, and they are starting to develop together. He also talked about how our network is
starting to develop globally, rather than independently. Even developing countries are coming out with
new and innovative ideas that everybody can utilize. Everybody is going to start interacting and
learning together, and that is how globalization is going to be seen in the
modern day. Another interesting point
that he mentioned was that no individual is leading the global economy. Everybody has a part to play and a voice in
the global economy. The President is not
in charge of it, the Chairman of the Federal Reserve is not in charge of it. He said, that this might be the reason why
the global economy as a whole, is starting to do rather well. So, it is important that we all understand
globalization and the impacts that it has, not only upon ourselves, but the
rest of the world.