Silicon Valley, "the largest legal creation of wealth in history," was built largely by unprofessional amateurs using math, sand, and the institutions of freedom. The Soviet Union had the greatest mathematicians on earth, and plenty of sand, but without the institutions of freedom their brilliant mathematicians were not empowered to create those devices that are changing the world.

Technology, including Zaadz, will allow us to evade the jerks far more than we could before. The technology-based social responsibility movement, broadly construed, will allow us to return to some extent to the moral monitoring of small villages.

Creativity is not merely about cute pictures drawn by kindergartners. It is about the ability to create new enterprises, organizations, and institutions that fundamentally change society.

Silicon Valley, "the largest legal creation of wealth in history," was built largely by unprofessional amateurs using math, sand, and the institutions of freedom. The Soviet Union had the greatest mathematicians on earth, and plenty of sand, but without the institutions of freedom their brilliant mathematicians were not empowered to create those devices that are changing the world.

Dubai was brilliant, they looked around the world. They saw Hong Kong, Singapore, New York, Chicago, Sydney, London all ran British common law. British common law is much better for commerce than is French common law or sharia law. So they took 110 acres of Dubai soil, put British common law with a British judge in charge, and they went from an empty piece of soil to the 16th most powerful financial center in [the] world in eight years.

Suppose hypothetically that one out of every 200 people or so is a jerk. In today's world these jerks will discover that if they enter government or business they can become super rich and powerful jerks. Do we conclude, therefore, that markets (or government) have caused greed? No, the fact is that once we no longer live in tiny tribes of 200, anonymity allows some people, who would have been assholes in a small tribe but who would have been sanctioned there, to go off and become jerks on a much, much larger scale.

An unreflective passion for social justice may be one of the biggest obstacles to creating peace and prosperity in the 21st century. While there are most certainly factory owners in China whom we would rightly regard as criminal in their treatment of their workers, it is very important not to confuse these incidents with the phenomenon of globalization. It is a good thing that Wal-Mart is encouraging more humane standards in its supplier's factories.