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Originally aired on 12/16/10 on Reckoning America. Alex Tabarrok talks about the global economy and how the story of economic growth is rapidly changing.
Alex Tabarrok at TED argues how free trade and globalization are shaping the world into an idea-sharing community that is more healthy, happy and prosperous than anyone's predictions.
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For decades, efforts to end world poverty have focused on redistributing wealth, rather than creating it. This approach, however, has done little to foster long-term economic progress in Africa.