Japan in a growth-equity-small government trilemma
The following is an excerpt from the author’s new book.
US economy asian news
Inflation is cooling but not fast enough for the Fed
It was a double whammy for economic data enthusiasts.
US economy more centrally planned than you think
During the Cold War, a heated debate arose over the role of economic planning. Did the “planned” economy of the USSR or the “free market” economy of the US allocate resources more productively?
America ain’t all bad: five good reasons to be optimistic
Recently I’ve been writing some fairly gloomy stuff, mostly related to war and international affairs. But even though I’ve been focusing on scary happenings overseas, I’m still very optimistic about the domestic situation here in the United States. So I thought I’d make a little list of trends that we should be happy about.
Why the West’s resentment of China is so misguided
Over the past few years, some Western commentators have proclaimed the “decline of China.” They argue China’s economy is failing, its youth are alienated and unemployed, it abuses human rights and represses its people, and its demographic decline means that China will never rise to surpass Western power.