The decline in American manufacturing hurt workers of every racial background.
Japan has announced newly defined restrictions on foreign investment, which at face value, seem to violate the provisions of the World Trade Organization agreement. Of course, Tokyo has crafted these restrictions on the vague grounds of “national security”, which is likely to take on a substantially different meaning in light of the coronavirus pandemic. Hence, […]
Finding a Manufacturer (Image Courtesy Wikimedia https://goo.gl/images/ozWa0Q) China’s economic rise and the damage inflicted on U.S. industry has been a wakeup call to many U.S. policymakers. But most conventional economists continue to hold firm to their ideological notion that only the market can respond, and that any more proactive government action, particularly focused on key […]