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The world is not a cake, says Dalrymple

Writing in the New English Review, Theodore Dalrymple observes,

"Oliver Goldsmith is clearly a believer in zero-sum economics: that one man’s loss is another’s gain, that in order for one man to be fat many others must be thin. This supposition underlies a lot of Third-Worldist thinking, according to which part of the world is rich because the other part is poor. This noxious idea springs eternal, because the economy - of a country or indeed of the whole world - is conceived statically, as a cake, rather than dynamically, as a growing organism. . ."