2020

Trump’s ‘Uncreative Destruction’ of the U.S.-China Relationship

Economists like to think of the wreckage caused by stock market downturns, widespread bankruptcies, and corporate downsizing as “creative destruction.” As it destroys the old and the dysfunctional, the capitalist system continually spurs innovation, much as a forest fire prepares the ground for new growth. Or so the representatives of the dismal science argue. Donald… Continue reading Trump’s ‘Uncreative Destruction’ of the U.S.-China Relationship

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2019

2018

Trump’s Trade War Is About Trump, Not China

By slapping tariffs on Chinese imports, Donald Trump has once again proven to be the Disrupter-in-Chief. This week alone, he’s brought John Bolton in as national security advisor over the objections of every sane person in the universe, threatened to go after Bashar al-Assad over the Syrian leader’s alleged use of chemical weapons, and revived disgusting characterizations of Mexicans as rapists.… Continue reading Trump’s Trade War Is About Trump, Not China

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