Chapter Four : The Great Sorting Out
frictionless is bad?
"from the telegraph to the Internet, every new communications technology has promised to shrink the distance between people, to increase access to information, and to bring us ever closer to the dream of a perfectly efficient, frictionless global market ... Some sources are worth protecting, even in the face of a global economy that threatens to flatten them."
So, after all this talk about how a 'frictionless, flat' market would be a great thing to have, now he says we should preserve some of the friction? What does he mean by that? - that he doesn't think that manpower should be eliminated completely, if it were means to make the economy smoother? I don't know; I'm not an economist.
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