Reason.tv's Nick Gillespie talks with economist Arnold Kling and journalist Nick Schulz about their new book, From Poverty to Prosperity (Encounter), which charts the fantastic increase in overall wealth despite recent economic troubles.
Taking a longer view that stretches back decades and even centuries, Kling and Schulz argue that we've entered the era of Economics 2.0, in which the key issue is innovation, transformation, and growth, not the divvying up of existing goods and services.
Approximately 10 minutes. Shot by Dan Hayes and Meredith Bragg; edited by Bragg.
For downloadable versions, go to Reason.tv.