Solstin on Nostr: #AES #Bitcoin §28 Onshore Engineering and Manufacturing Adam Smith described this in ...
#AES #Bitcoin §28 Onshore Engineering and Manufacturing
Adam Smith described this in detail. Financialization is the reason why engineering and manufacturing continue to offshore to other countries and only onshore with heavy subsidies. It’s exactly what Adam Smith described in The Wealth of Nations. Monopolies distort price signals for the worst. Good for the mercantilist. Bad for everyone else.
Adam Smith described this in detail. Financialization is the reason why engineering and manufacturing continue to offshore to other countries and only onshore with heavy subsidies. It’s exactly what Adam Smith described in The Wealth of Nations. Monopolies distort price signals for the worst. Good for the mercantilist. Bad for everyone else.