Sunday, January 22, 2012

Quote of the Week from Russell Robert’s 2009 book  The Price of Everything: A Parable of Possibility and Prosperity
“Genetic mutation is random. Natural selection accepts the good changes and rejects the bad ones. Economic evolution isn’t random. Changes in products aren’t random. The knowledge and innovation come from entrepreneurs trying to anticipate what people want and what will survive in the marketplace. That makes it more focused than biological evolution. And you get progress, not just survival.”

In this novel, Roberts masterfully portrays the emergent order of our world and economics through a dialogue between a student and teacher. The story is very compelling and inspiring for anyone with visions of becoming a teacher. A great read for anyone with even a remote interest in economics.

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