Sunday , October 6 2024
Home / Mike Norman Economics / Biden’s National Security Advisor Jake Sullivan: Monopolies Are a National Security Problem — Matt Stoller

Biden’s National Security Advisor Jake Sullivan: Monopolies Are a National Security Problem — Matt Stoller

Summary:
Competition. Previously, the prevailing notion was that American monopolies were necessary to confront foreign monopolies as a matter of scale. That thinking may be shifting to competition among domestic firms as the driver of domestic innovation. This is assumed to be the liberal answer to authoritarianism.BIG at SubstackBiden’s National Security Advisor Jake Sullivan: Monopolies Are a National Security ProblemMatt Stoller h/t Naked Capitalism

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes When usefulness is more important than precision

Bill Haskell writes The Plan to destroy Obamacare

NewDealdemocrat writes The ISM services index, measuring 75% of the economy, sounds an ‘all clear’ – for now, anyway

Joel Eissenberg writes High fructose corn syrup and your health

Competition. Previously, the prevailing notion was that American monopolies were necessary to confront foreign monopolies as a matter of scale. That thinking may be shifting to competition among domestic firms as the driver of domestic innovation. This is assumed to be the liberal answer to authoritarianism.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *