9 April

The source of all real wealth is building things. Engineering. Not the economy or its market (both fictions). Not supply and demand. Building things, at scale, to drive costs down. That’s how Henry Ford made cars affordable for all. With huge efficient factories. That’s how governments made housing affordable for all, when they used to build massive amounts of public housing. The market never has. The market solves no problems, nor does its supply and demand. Those are all fictions. You have to build things. At scale, to create economies of scale. Not in small business. In huge factories, with controlled supply chains. Which is what Asia does. It’s been building our lives for decades. Ask yourself what Australia now builds.