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The Business Desk with Paul Solman
Not a blog but a "q-and-a" (pronounced "quanda"), this page is about the basics of economics. Its premise: there are no stupid q's. And if some a's seem dim, take heart: I can brighten them up in response to objections, corrections, refinements. Comments on posts feature yours, and my responses. Enough of you now frequent and query the quanda that I post most every day. Haven't seen your q yet? Send it again. All a's should be taken with a shaker of sodium chloride, if not a Lot's-wife's-worth. And speaking of salt, the mustache and "hair" in the photo has a lot less of that condiment, and rather more pepper, than can be seen on TV. Think of it as time travel.

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A 'Rational Optimist' on the Evolution of Prosperity

(Watch a larger version of the video.)

Editor's Note: Tonight on the NewsHour, Paul Solman talks to Matt Ridley -- best-selling author, zoologist and one-time bank chairman. The "rational optimist" makes the case -- rare in these days of economic unease -- that life on earth for humans has just kept getting better and better.

In this online extra, Ridley describes why he believes prosperity has evolved since the stone age because of the exchange of goods and services.

Ridley has also agreed to answer your questions on "rational optimism." Pose them in the comments section below and we'll post the answers next week.

-- Posted August 19, 2010 | Comments ( ) | Permalink

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