tag:blogger.com,1999:blog-17206839.post1097719673964833102..comments2023-09-09T09:26:22.175-04:00Comments on Andrew Samwick's Blog: YouTube is the One in the One-Two PunchAndrewhttp://www.blogger.com/profile/13514024573333057559noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-17206839.post-40408012905596175882007-07-25T07:33:00.000-04:002007-07-25T07:33:00.000-04:00Great book. Another is Paul Seabright's Th...Great book. Another is Paul Seabright's <a href="http://www.amazon.com/Company-Strangers-Natural-History-Economic/dp/0691118213" rel="nofollow">The Company of Strangers</a>, a natural history of economic life.<br><br>Passage: About two years after the break-up of the Soviet Union I was in discussion with a senior Russian official whose job it was to direct the production of bread in St. Petersburg. "Please understand that we are keen to move towards a market system, " he told me. "But we need to understand the fundamental details of how such a system works. Tell me, for example: who is in charge of the supply of bread to the population of London?" There was nothing naive about his question, because the answer ("nobody is in charge"), when one thinks carefully about it, is astonishingly hard to believe. Only in the industrial West have we forgotten just how strange it is.Fritzhttp://www.blogger.com/profile/09551356233624437730noreply@blogger.com