Quicksilver capital : how the rapid movement of wealth has changed the world

Bibliographic Information

Quicksilver capital : how the rapid movement of wealth has changed the world

Richard B. McKenzie, Dwight R. Lee

Free Press , Collier Macmillan Canada , Maxwell Macmillan International, c1991

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Includes bibliographical references (p. 251-301) and index

Description and Table of Contents

Description

The recent revolution of technology which has enabled firms to shift assets electronically has caused an explosion of competition. This book argues that this surge in capital transfer was responsible for the Reagan and Thatcher revolutions. It further contends that, in order to take advantage of these conditions, taxes and tariffs must be kept low, but that training at work and in school must be rapidly developed.

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