The Nation-State and Stock Exchange
A brief overview on two very important institutions, no matter what the nihilists say...
“The people cannot delegate to government the power to do anything which would be unlawful for them to do themselves.” - John Locke
Nation-states
The term "state" dates to Northern Italy in the 12th century, but the modern concept can be attributed to Thomas Hobbes' Leviathan. Published in 1651, with…
