gravenewworld
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mheslep said:Semiconductors. $216B. 5 orders of magnitude improvement in 30 yrs.
Oh so the same market that the US government regulates so that advanced semi conductor technology is not allowed to be sold to China under the Wassenaar Arrangement?
Once again, not an entirely free market.
Also entire 1st 140 years of US economic history government was involved in only 10% of the economy
LIke the Captain pointed out, the same 140 years of economic history in which vital consumer services like oil, communication, and transportation were DOMINATED by huge conglomerates like Standard Oil, AT&T, and railroad monopolies?
Once again, the free market is overrated.