But in much of the economy, the digital and the physical, these economies of scale are rapidly diminishing.

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No government in the global economy, and certainly not economies on the scale of the U.S., China, Japan and the European Union, can claim a prerogative over domestic action that entirely ignores the systemic affects of its policies.

WSJ: We Need Greater Global Governance

When the Mexican peso was strong, he bought up foreign cement operations to attain additional economies of scale and diversification against the ups and downs of the Mexican economy.

FORBES: Cyber-cement