Our previous article explained the importance of the Taiwanese firm TSMC as a critical link in the global semiconductor supply chain. Although it is not the only firm with the ability to manufacture cutting-edge logic chips, TSMC is the only viable choice for chip design companies in many situations, and under normal market conditions is likely to remain so for years to come. Control of TSMC’s foundries in Taiwan might thus appear a decisive factor both in Beijing’s readiness to risk attempting unification through force, and for other states deciding whether to take a strong stance against this.
Would China Invade Taiwan for TSMC? (archived)
Tag: Prioritization
The Military-Industrial Complex Has Never Been Worse

How bad has the military-industrial complex gotten? The arms industry donates tens of millions of dollars every election cycle, and the average taxpayer spends $1,087 per year on weapons contractors compared to just $270 for K-12 education.
The Military-Industrial Complex Has Never Been Worse
Breaking Down Your Tax Bill
Our tax dollars should make life better — not go to waste on bloated military contracts and Pentagon boondoggles. Here’s what the numbers show.
Breaking Down Your Tax Bill
The government may stop issuing Social Security payments after the debt limit is hit — here’s why
An obscure provision of a 1996 law makes the Social Security trust fund vulnerable
The government may stop issuing Social Security payments after the debt limit is hit — here’s why (archived)
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