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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2017