Re: Adam Smith vs Alexander Hamilton on Manufacturing

[Caleb Herbert <csh@xxxxxxxxxxxx>]

On Thu, 2026-03-19 at 23:51 +0000, zinov@xxxxxxxxxx wrote:
> I suspect that some big projects have been implemented privately,
> such as the
> United States telephone network that was implemented by AT&T
> (although maybe
> public funding was used? I have not looked into it). If so, then this
> suggests
> that the size of the requisite capital is not the cause.

AT&T was a government-created monopoly, yes.

-- 
Caleb Herbert
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