Written by Frank Li
Sixty-five years ago today (October 1, 1949), Chairman Mao, standing on the Tower of Tiananmen, announced to the world that “the People’s Republic of China is born”!
What a tortuous journey for the People’s Republic since then! China had its darkest days during the first 27 years, and its brightest days during the last 36 years, and counting.
by Seth Mason, ECOMINOES.com
By reading well-respected scholarly works such as David Stockman's The Great Deformation and Nouriel Roubini's Crises Economics, I've come to see the Fed as the threat to the vitality of America's Middle Class it's become. But one need not delve into hardcore economic research to reach this conclusion. One need only have common sense and possess the ability to read charts.
by John West, Asian Century Institute
China has been charging international companies for anti-competitive behaviour and bribery, and harassing foreign residents. On a recent visit to Beijing we tried to understand what's going on.
China has been charging international companies for anti-competitive behavior and bribery, and harassing foreign residents. On a recent visit to Beijing we tried to understand what's going on.
September 29th, 2014
in Op Ed
The Organization for Economic Cooperation and Development has proposed a plan to stop companies from avoiding billions of dollars in taxes. As we know from the scandals surrounding Amazon, Starbucks, Vodafone and others, big companies often hide their profits by pretending to have head offices somewhere with a low tax regime. Putting it mildly, this stinks.
September 28th, 2014
in Op Ed
by William K. Black, New Economic Perspectives
In another proof of our family rule that it is impossible to compete with unintentional self-parody, Roger Cohen has penned "The Great Unraveling." What makes the article perfect is that it brings together Cohen's worst traits - and ends with praise for Rudyard Kipling, who set the bar for those traits. Cohen is distressed about many things, but the first one that I focus on is his claim that the Scots' response to the City of London's elite financial criminals is "insidious." In the passage that he makes this claim Cohen denounces the Scots as childish Celts.