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.

This is Jamey Jones, by the way