If the Republican tax plan passes Congress, it will mark a watershed for the United States. The medium- and long-term effects of the plan will be a massive drop in public investment, which will come on the heels of decades of declining spending (as a percentage of GDP) on infrastructure; scientific research; skills training; and […]
Everyone seems to agree globalization is a sin. Theyre wrong
The World Economic Forum this year feels like an exercise in ritual self-flagellation, which – as with the old Christian practice of fasting and whipping one’s own body – is supposed to purify the sinful nature of man. The sin, of course, is globalization, which everyone now seems to agree has been lopsided, inequitable and […]
Trump could be the best thing thats happened to China in a long time
Donald Trump has perhaps attacked no country as consistently as China. During his campaign, he thundered that China was “raping” the United States, “killing” us on trade and artificially depressing its currency to make its goods cheap. Since being elected, he has spoken to the leader of Taiwan and continued the bellicosity toward Beijing. So […]