Naimisha Forest
Death versus Dollars
Are U.S. COVID Outcomes Better than Europe?
Europe has taken a much harsher economic thrashing from COVID-19 than the United States while suffering fewer deaths. How you rate the pandemic performance of these two great polities thus depends on how you value dollars versus deaths. Arguably, the U.S. has done better than Europe.
Eurozone real GDP in April-to-June 2020 was 15.3% . . .
Hello President Trump: Let’s Not Repeat the Economic Tragedy of the 2010s in the 2020s
If President Trump wants to bring the economy quickly back to full employment, he will have to confront the Establishment wing of his Republican party. The clash – if it comes – will be over Establishment Republican hostility to government spending. More spending will be needed to bolster an economy staggering under the blows of . . .
Posted in: conservatismeconomicsfiscal policymacroeconomicsmonetary policynationalismobamapandemicspopulismtrump
The Chinese Emperor's New Economic Clothes
All economic data contain errors, but China’s are a work of art. Like its numbers on COVID-19 infections and deaths, its official economic statistics are political artifacts, carefully devised to cloak the failings and trumpet the superiority of China’s one-party political capitalist system over our liberal-democratic . . .
Two Epidemics in Three Chinas
Emperor Renzong, Xi Jinping’s ‘Party-State,’ and democratic Taiwan
As the coronavirus pandemic that began in China makes its way among us, with a modest cough and a friendly handshake, it brings to my bookish mind another epidemic in that country, the one that sets in motion the classic Chinese novel “The Outlaws of the Marsh.” That was in the reign of Emperor Renzong (AD 1022-1063), the . . .
Cover image credit: http://Pinterest