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China biker (8/31/02):
  

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An enterprising Chinese man pulls a bicycle cart packed high with bags of recyclable plastic containers in Shanghai July 25, 2002 . The man sells each kilogram (2.2 pounds) of plastic to a nearby depot for 0.08 yuan ($.01). (Reuters/Claro Cortes IV)

My Point: This stuff really does happen.  I had the chance to visit Shenzen and Shekou, cities on the southern tip of China (a short trip from Hong Kong ) about 10 years ago.

Did you know that to get a drivers license an individual must take a 1-2 years driving course?  Additionally, cars are expensive and licenses aren’t given out to many.  As a result most businessmen have private drivers.  This helps to drive up employment and the roads aren’t jam packed like they are in some regions of the world like Egypt and India .  The government is planning the growth of cities / infrastructure to ensure stability as the enormous population migrates to cities.

Did you know also that people aren’t free to move from the farms to the cities?  You must have government approval/papers to get into business districts.  Without the proper papers you aren’t allowed in.  A Chinese businessman (head of a joint venture with my father’s company) failed to have his papers and had to spend an additional 2 hours commuting home and back to get to the office one day. 

If you liked this article check out the following books:

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A recent book that discusses economic history.  This book does a better job of discussing economic thought pre-Adam Smith than does The Wordly Philosophers by Robert Heilbroner

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