I’ve been putting off a post on the topic of the current U.S. Senate bill that would punish China for the value of the RMB. I’ve been writing about this topic for at least eight years, so I’m reluctant to drag out all the old econ, trade and politics issues. That would make for a…
The U.S. and China have been battling over the chicken trade since Bird Flu broke out. The latest anti-dumping dispute is now going to the WTO.
The one issue that brings together hacks from both of America’s political parties is anti-China rhetoric. Buddy Roemer flaunted his nonsense yesterday in front of the Chinese embassy in D.C.
Uh, you know how I’m always saying that punitive tariffs on Chinese goods is a bad idea? Here’s why.
A mind is a terrible thing to waste. Apparently Donald Trump agrees with the aphorism and has decided never to use his again.
Yeah, so the US House of Representatives finally passed that China tariff bill. Don’t expect much else to happen though.
Never thought about it before in those terms, but it does make some sense. The Prisoner’s Dilemma is, of course, the classic scenario used in Game Theory, usually taught in economics or political economy classes, involving two people in police custody following the commission of a crime. The model is used in introductory level classes…