When all is said and done, nationalisation is simply the exchanging of majority shareholding from private investors who invested their own funds, to a public entity called the State who invests other people’s funds (taxes). This shift in shareholding is profound. The problem is not that “government doesn’t know how to run a mine.” Few […]
Archive | July, 2011
Trading away our Economic Sanity
Real productivity – the kind that lasts and builds real and sustainable wealth – cannot be legislated or printed into existence.