By Dennis L. Weissman A competitive market is efficient in consumption and production. It produces the goods and services that consumers demand, and no more, at the lowest possible cost. Nonetheless, the forces of supply and demand do not necessarily produce an equitable allocation of goods and services — an equal distribution of the economy’s […]
Tag: War
War is intense armed conflict between states, governments, societies, or paramilitary groups such as mercenaries, insurgents and militias. It is generally characterized by extreme violence, aggression, destruction, and mortality, using regular or irregular military forces.
