Economists’ Dubious Relationship with Trade Policy: Comparative Advantage is a System that Works for the Wealthy
The great unwashed public has good reason to doubt what economists say about trade.
Read more...Category Archives: China
Why Not to Expect Much from US Trade Talks With China
Why the Trump trade threats towards China aren’t likely to be terribly productive.
Read more...Mr. Market Has a Hissy Fit Over Trump’s “Coming Soon” China Tariffs
How much of the upset over Trump’s planned China tariffs is warranted?
Read more...Economists Shocked That China Invalidates Their Pet View That Economic Liberalization Producers Political Liberalization
Another economic fantasy, that the trade liberalization promotes the spread of democracy, takes some hard knocks from China.
Read more...Waiting for the Chinese Bear Stearns
Why the Chinese shadow banking system is a possible source of systemic risk: a outstanding worry that has not gotten any better.
Read more...LEAKED: Trump Threatens to Launch Trade War v. Rattled China Over IP Theft
Trump’s trade threats against China make steel and aluminum tariffs look like a game.
Read more...Trump’s Tariff Threat to Kick Off Trade War?
Trump is threatening to kick off a trade slugfest via tariffs on steel and aluminum. Will he follow through?
Read more...Dire Consequences of Ignoring Trade in Climate Change Targets: On Track to 3.5 C Temperature Increase by 2100
Astonishingly, climate change accords like Kyoto and Paris ignore the impact of trade. That omission means our collective goose is cooked.
Read more...Davos: Alive or Dead?
Politicians and economists are meeting at Davos, but as times change, does neoliberalism retain its cachet?
Read more...The Chinese Banking System: Much More Than a Domestic Giant
Chinese banks have become major foreign lenders, making China the eighth biggest financial center in the world.
Read more...Trump’s China Policies Are Working a Treat
Trump’s trash talk re China looks have led China to have allowed the yuan to rise. Will that be enough to improve its US trade balance?
Read more...China: The Aging Dragon
The weight of the policies from previous decades hangs over China as it attempts to confront an upcoming demographic crisis
Read more...China Fails to Woo U.S. With Financial Sector Opening
Why is the US cool about concessions from China that the US has long sought?
Read more...Bitcoin -> Energy Use -> Pollution
Bitcoin uses a computation system to prevent fraud, but computation takes energy, which damages the environment, all at an increasing rate.
Read more...Trump’s “$250 Billion” of China Trade Deals: As Usual, Hype Greatly Exceeds Reality
Trump’s much ballyhooed China trade deal gives way less than meets the eye.
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