Or do without when it serves. China Covered Up the COVID Pandemic. Here's How Angry Americans Respond. "U.S.-China relations appear to be reaching a breaking point. America needs to hold Beijing accountable for its coronavirus malfeasance, its foreign aggression, and its oppression of its own citizens. It seems the American people are already voting with their feet on this issue."
Look, my professional training was as an economist, and I'm intellectually as favorably disposed to the free movement of goods and people as anyone else who has ever helped supervise a dissertation performing a computable general equilibrium analysis of China's accession to the World Trade Organization. On the other hand, the point of that dissertation, and the second-best-optimality cases for trade wars, have as the unstated assumption that Chinese entrepreneurs will behave like entrepreneurs in markets more generally, something that appears not to be the case where the behavior of the mandarins in Pekin, whether dealing with their national minorities or with the rest of the world, is concerned.
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment