Audio Clips

16 November 2010

Positive Sum Game

Bill Gates makes a great argument for free trade and not worrying about other countries improving their capabilities and economies. It doesn't hurt us to have other countries prosper.

Energy innovation is not a nationalistic game. If tomorrow some other country invented cheap energy with no CO2 output, would that be a bad day or a good day? For anybody who's reasonable, that would be, like, the best day ever. If all you care about is America's relative position, every day since the end of World War II has really been bad for you. So when somebody says to me, "Oh, the Chinese are helping to lower the cost of it, or creating something that emits less CO2," I say, "Great." The Chinese are also working on new drugs. When your children get sick, they might be able to take those drugs.

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