Page 2 - Alanj Auerbach News Today

Unfortunately, the measures being proposed seem designed for an earlier era, when it was easy to identify the factories and refineries where companies produced and earned their profits, and when a corporation’s nationality was largely determined by the location of its main operations and its shareholders.  In the modern era, multinational companies with international shareholder bases operate global supply chains, creating value using intangible capital with no natural location. As such, try...