Re:"No inventions; no innovations" A History of US Steel
by sokoloff on Friday December 29, 2023 @03:11PM
(#38809624)
It’s often easier to rebuild rubble using other people’s money than to modernize in-place using your own.
Beyond just the “whose money is buying?” is that the latter costs you current production while the bombed-out scenario has no current production to forego.
Beyond just the “whose money is buying?” is that the latter costs you current production while the bombed-out scenario has no current production to forego.