Law, Business, and Society 9th Edition by Tony McAdams

Exercise 30

Journalist Max Frankel, writing in The New York Times , argued that the 21st century's "Great Revolution" would be the "collapse of nationhood." 28 He said that collapse would be powered largely by technology and the global financial market.
a.Explain what Frankel meant.
b.Do you agree Explain.
c.Frankel quoted finance experts George Shultz, William Simon, and Walter Wriston, who said, "The gold standard has been replaced by the information standard, an iron discipline that no government can evade."…"No country can hide." 29 What did they mean