Archive for July 24th, 2006
Economies of scale, not free markets make US a success
The most successful US companies owe most of their strength to economies of scale. Investment banks, motion picture companies, once upon a time even motor manufacturers all owe their relative strength to access to a huge single market. People always ignore that when they talk about the EU and economists are routinely told that they […]
Posted: July 24th, 2006 under Temporary opinions.
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