Homo economicus; Paul Wolfowitz and World Trade

Couple of Issues came up over the last week about which I wanted to write down. One was this interesting article on the economist about trade and specialization being the reason why Homo sapiens displaced previous members of the genus, such as Homo neanderthalensis (Neanderthal man), and emerged triumphant as the only species of humanity.

This week also saw first major development in terms of trade and commerce between the two big asian nations, India and China. Through mostly symbolic in many ways, I am hoping general world order would see a better world peace and prosperity than during previous globalization periods with nearly one third of the populations cooperating together. Alas, theory is as beautiful as practice is messy. Here is an interesting discussion on slashdot on the same.

And Finally, looks like Paul Wolfowitz is becoming the head of World Bank. I am sure there will be changes in the structure of major institutions of the world inaddition to changes in United States. (In United States, you have social security, karl rove led republican re-emergence, etc where as the rest of the world U.N is going through major transformations, World Banks looks like it is changing, basically anywhere United States can influence any way.) Only time will tell if which of these will be radical transformations and which will sizzle out.