Every time humans invent better ways of doing things, the economy gets a little bigger.
This is a simple idea. The cave dwellers discovered that they did not have to travel as much hunting and gathering if they could sharpen a rock enough to chop a tree down for firewood, or for spearing animals.
That same tool helped them to dig holes to plant seeds. By growing food and domestication animals, they could stay in one place and conserve energy. By living in cities, the division of labor led to more efficiency as the farmer, metal smith and rancher bartered their services. Enough surpluses were created so that a leisure class was free to develop philosophical thought leading to early scientific principals.
To read the full, original article click on this link: The Economics of Innovation | Conversational Currency
Author: Dan Robles
