Before I put up a blog post that is probably filled with my own bias and speculation, I would like to point out that I am by no means an expert on all things worldly. I know at an entry level that the world works through supply and demand and that is what drives any given system. I look at what has happened during the historical part of the readings and try to piece together what the driving forces behind them were.

That being said, there was a very interesting point during this reading that got me thinking. “Change, particularly political and institutional change, happens as a result of responses to immediate crises. Rarely is it the result of design or plan.” Often times throughout history, advancement on an evolutionary basis has been the direct result of situations that wiped out a certain species and left only those who were in the right place at the right time or who were unaffected by what was going on around them. There has always been an element of chaos to the way the world develops. It seems that our economy is as vulnerable as we as humans are. For example, as we discover new ways of extracting oil, the prices go down and the ability to pay for everyday living expenses becomes less cumbersome here is the U.S.. At some point, does the ability for an economic system to thrive become the direct result of its ability to allow for a balance of productive efficiency and living standards, or will it always be up to random chance, or both?