Shire from Lord of the Rings an ideal economic model
By Luke Bailey | Jan. 24, 2012For those who have read or watched the "Lord of the Rings" trilogy, it can be easy to desire the sort of world J.R.R. Tolkien portrayed. The Shire, an idealistic agrarian community on the western edge of Middle Earth, appears to be a world of social and economic bliss. There, hobbits peacefully engage in their day-to-day business: growing crops, selling simple goods and ending a hard day's work with a pint of ale at The Green Dragon. It is enough to make one nostalgic for a world that never truly existed, and it prompts the question: Is this sort of realm possible?