World Futures: What Do We Need?
By ANDY ANDREWS
Los Alamos World Futures Institute
We finished last week’s article by observing the creation of the Bank of England in 1694 to raise money for its war against France. Note that war does not produce tradable things of value but does consume things of value.
This is not intended to debate warfare because it may be essential for a country to maintain itself or its diplomatic bargaining position. But there is a cost, there is a consumption of value. And this affects the exchange of goods and services – trade.
In France, under Louis XIV (1638-1715), the government Read More
















