BOZEMAN, Mont. — With his electrician’s tool belt and company logo cap, Rick Schmidt looks every bit the small-business owner he in fact is. That he often reeks of marijuana these days ... well, it is just part of the job, he said. More
When looking backward, you must always be prepared to make allowances: it is unfair to blame late-20th-century observers for their failure to foresee everything about the century to come. Long-term social forecasting is an inexact science even now, and in 1996 the founders of modern nonlinear socioeconomics were obscure graduate students. Still, many people understood that the major forces driving economic change would be the continuing advance of digital technology and the spread of economic development throughout the world; in that sense, there were no big surprises. The puzzle is why the pundits of the time completely misjudged the consequences of those changes. More
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