[Gllug] London Stock Exchange moves to Linux
Nix
nix at esperi.org.uk
Wed Feb 16 00:39:04 UTC 2011
On 15 Feb 2011, John G. Walker spake thusly:
> This is the mercantilist fallacy. In fact, if someone spends pounds in
> a foreign country then, eventually, they will be used to buy exports
> from the UK, so will benefit British economic growth.
But it's less efficient for the local economy than spending it locally.
That's one reason why 'tied aid' (where aid money is 'given' to a poor
country on the condition that they spend it on goods or services from
the donor's country) is so ineffective.
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