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Quite, Genius³, quite

John S Warren says:
July 22 2021 at 7:53 pm
“These entities are not subject to market constraints. They are not even in the market, as such. They do, instead, run their own economies that co-exist with those of countries but are at least in part removed from them.”

I was not sure what conclusions you were drawing from this.

Richard Murphy says:
July 22 2021 at 8:27 pm
That they are macroeconomic agents outside microeconomic influences

Companies get so big that prices, supply and demand, they just don’t affect them.

Economics³ perhaps?

2 thoughts on “Quite, Genius³, quite”

  1. The thing is there is a genuine debate about how multinational corporations interact with nation states is one that would be quite welcome. The idea that someone utterly ignorant of any aspect of finance, taxation or economics would have anything useful to contribute is of course what is surprising

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