China

FT “Donald Trump’s trade tirades show his mastery of the message”

Thanks Rana, an excellent perspective. Let’s first dispense with that I consider Trump to be completely unfit for the office he occupies and consider him to be the largest actual threat to US national security and international well being. Having said that though, he is striking out with energy and agenda in an indomitable way and …

FT “Donald Trump’s trade tirades show his mastery of the message”Read More »

Technology, Ukraine and the fading of the nation-state.

Technology is what enabled Westphalia and is what is now slowly fraying it. Our national identity has weakened significantly as we’ve become far more exposed to other people and cultures. The nation state grew because communication was and could be constrained to language and geography. Moscow and Beijing still believe they can control that narrative …

Technology, Ukraine and the fading of the nation-state.Read More »

“Those who can diversify out of US debt are likely to do so”, but who can?

“Those who can diversify out of US debt are likely to do so” But whither? As you say China may be on track to become holder of a reserve currency, but is far, far from there. We’ve seen almost 70 years of US hegemony, a time during which the world internationalized like never before and …

“Those who can diversify out of US debt are likely to do so”, but who can?Read More »

Marxism reborn?

Marxism also is a surprisingly effective tool in social science in order to explain people’s motives. E.g. anthropologist Eric Wolf used a Marxist perspective in ‘Europe and the people without history’. Likewise Nolan argues:  “Karl Marx more than Adam Smith understood the progressive power of capitalism in unifying the world. Marx predicted that capital would …

Marxism reborn?Read More »