1. Trade walls were reduced.
2. Transportation walls were reduced.
3. Communication walls were reduced. Just think about the Internet.
4. Political walls were reduced.
Results: Global trade increased. Economic growth extended to almost all parts of the world.
About 9 minute and 20 seconds into the talk, Mr. Tabarrok mentions this:
“We all benefit, when another country gets rich. We should not fear other countries becoming wealthy. That is something we should embrace. A wealthy China, a wealthy India, a wealthy Africa. It means a greater demand of ideas (larger markets), and a greater supply of ideas for the world.”
What do you do to extend cooperation across national boundaries?
I came across the video through this blog posting by Braden Kelley.