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Their subsidization of solar panel production is, believe it or not, has little or no impact on the pace of solar energy research and development. If they subsidized the production of cell phones, new faster, smaller, more reliable cell phones would still be coming out every year. The only difference...
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Well, to be honest I wouldn't really care too much about Adam Smith being proven wrong. It wouldn't be the first time. However, I must acknowledge the fact that to the mainstream Adam Smith somehow equals , or implies, division of labour, comparative advantage, competition amongst individuals...
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I was having an arguement with this person saying that people have a misconception about inflation because they think that inflation will rob him of his purchasing power of his hard earned money. So that when the prices rises, your dollar will buy fewer goods so it might seem that it lowers living standards...
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Ok, here goes another idea. What if private civil companies agree to have a military potential in as much projects as they can? For example: Telecom companies always spy potential enemies. Shipowners design their ships so they can be equipped with armor and guns at call. Security agencies provide their...