Mises Wire
Author:
George Ford Smith
Online Publish Date:
Futurist and inventor Ray Kurzweil wrote an essay in 2001, “ The Law of Accelerating Returns ,” that describes an exponential path to what for many is an unimaginable future. How certain is the exponential he describes? “We would have to repeal capitalism and every visage of economic competition to stop this progression,” he says. In today’s world