business

chip-china

Yo U.S. Protectionists, How Goes the ‘Ban’ On Chip Sales In China?

Napoleon “did not realize until it was too late that the only closed political economy is the world economy. Britain could not be starved into submission by blockade unless she were totally cut off from the world. As long as Britain could trade with any nation outside France, it was thus trading indirectly with France.”—Jude […]

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monetary

Monetarism Is Suffocated By Its Endless Contradiction

Money isn’t abundant in Palo Alto but scarce in Baltimore because the state decreed it so, rather money in circulation is production determined. It’s a market phenomenon every bit as powerful as the production that drives it. There is in fact a free market for money, and it’s exacting.

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