"The way to do political, rather than cosmopolitical, economy is straightforward: consolidate the national balance sheet, treating the entire nation as a single corporation. Current account deficits then appear as losses. The notorious decay of nations which run a chronic trade deficit appears as a parallel with the notorious decay of corporations which run at a chronic loss. Similarly, the old mercantilist strategy of accumulating precious metals—much mocked by Adam Smith—appears as no more than the accumulation of retained earnings by a profitable polity."
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Atheists from the United StatesEssayists from the United StatesTechnology writers from the United StatesBloggers from the United StatesComputer scientists
Original Language: English
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"Fixing “global imbalances” in three easy steps", interfluidity (February 11, 2010).
https://en.wikiquote.org/wiki/Curtis_Yarvin
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Curtis Yarvin
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