Skip to main content

The Wayward Chinese Dragon ...

Paul Krugman advocates taking a strong stand against China's monetary policy that has long kept its currency artificially undervalued.

http://www.nytimes.com/2010/03/15/opinion/15krugman.html

Taking on China quite paradoxically would also involve taking on the American consumer in some way. Or, the American consumer mindset.

China is almost single handedly responsible for the Wall mart economy that Americans are so in love with.

Putting surcharges on Chinese imports would raise the prices of all those 'toys' Americans love so much ... everything is Made in China, right? From children's toys to digicams to plasma TVs and much else ... perhaps, except cars and houses and fast food.

I wonder what the prophet of the 'flat world' would have to say about this punitive course of action ...

Comments

Popular posts from this blog

Longforms and 'Best of 2017' Lists and Favorite Books by Ashutosh Joglekar and Scott Aaronson

Ashutosh Joglekar's books list. http://wavefunction.fieldofscience.com/2018/03/30-favorite-books.html Scott Aaronson' list https://www.scottaaronson.com/blog/?p=3679 https://www.wired.com/story/most-read-wired-magazine-stories-2017/ https://www.theatlantic.com/entertainment/archive/2017/12/the-best-books-we-read-in-2017/548912/ https://longreads.com/2017/12/21/longreads-best-of-2017-essays/ https://www.nytimes.com/interactive/2017/12/21/world/asia/how-the-rohingya-escaped.html https://www.smithsonianmag.com/history/how-journalists-covered-rise-mussolini-hitler-180961407/ https://www.smithsonianmag.com/innovation/artificial-intelligence-future-scenarios-180968403/ https://www.newyorker.com/magazine/1997/01/20/citizen-kay https://www.smithsonianmag.com/innovation/where-we-are-hunt-cancer-vaccine-180968391/ https://www.smithsonianmag.com/innovation/dna-based-attack-against-cancer-may-work-180968407/ https://www.politico.com/magazine/story/2017/12/22/dona

Savita Bhabi

Well, it seems the Government of India is up to its usual censoring ways ... http://online.wsj.com/article/SB126327347865425871.html?mod=WSJ_hp_us_mostpop_read It's not as bad as what the Chinese are doing in battling Google. The Internet is awash in pornography and the feeble attempts of the Govt. of India won't be able to stem the tide. The Govt. should merely restrict itself to ensuring that there's no child pornography or trafficking of humans. There are problems galore for the Govt. to worry about as it is ...