All Posts Tagged With: "China"
China’s One-Child Disaster
Contributing editor Wendy McElroy is the editor of ifeminists.com and a research fellow for The Independent Institute in Oakland, California.
On February 28 a Reuters news story quoted Zhao Baige, the Chinese vice minister of the National Population and Family Planning Commission (NPFPC), as indicating that the People’s Republic of China might change its “one-child [...]
Consumption Must Be Curtailed to Sustain the Human Race? It Just Aint So!
Gene Callahan is the author of Economics for Real People and Puck: A Novel.
Jared Diamond, in a January 2 op-ed in the New York Times, argues for a political solution to what he sees as a looming “consumption crisis” facing humanity. He notes that the current consumption of many resources, such as oil and metals, [...]
Who’s Afraid of Prosperity?
Should we worry that the people of China, India, and other undeveloped countries are getting richer? Apparently so, according to the newspapers and the “experts” they quote. They don’t come right out and say that global prosperity is bad for us. Instead they say, as the New York Times recently said, “As development rolls across [...]
1Mar2008 | John Stossel | 0 comments | ContinuedMade Everywhere
In June I suggested that since exports and imports are defined with reference to economically irrelevant political boundaries, the very concepts are invidious: “There is only what I make and what everyone else makes.” Here’s another way to illustrate the point, compliments of economist Sudha Shenoy of the University of Newcastle, Australia. Shenoy shows that in [...]
1Jul2007 | Sheldon Richman | 0 comments | ContinuedWe Have Enough Globalization? It Just Ain’t So!
Jude Blanchette is a freelance writer living in Shanghai.
The debate over free trade is, and has been for over 200 years, quite contentious. In reading over the historical debates, it often seems as if no ground has been made by the advocates of a global, borderless economy. Indeed, this is what makes reading Adam Smith, [...]
Imports, Exports, and Nonsense
The Commerce Department (whose idea was that?) said recently that 2006 was another record year for the U.S. “trade deficit.” The value of imports beat the value of exports by $764 billion. That makes five record years in a row. China’s trade surplus with us hit $233 billion.
Ordinarily, I would ignore this nonstory because, as [...]
Adam Smith in China
James Dorn is a China specialist at the Cato Institute and professor of economics at Towson University in Maryland. A shorter version of this article first appeared in the Times of India, January 24, 2007.
China’s transition from plan to market since 1978 has not only increased prosperity but also has led to a new way [...]
The Trade Deficit Is Debt? It Just Ain’t So!
Writing in the October 4 New York Times, Nobel laureate economist Joseph Stiglitz worries about “global imbalances.” Stiglitz’s concerns are revealed in his opening paragraph: “The International Monetary Fund meeting in Singapore last month came at a time of increasing worry about the sustainability of global financial imbalances: For how long can the global economy [...]
1Dec2006 | Donald J. Boudreaux | 0 comments | ContinuedThe History of “Underdevelopment”
Perhaps the most important feature of the modern world is its sustained, intensive economic growth. This produces most of the other distinctive features of modernity. Although there were earlier episodes of such economic efflorescence (to use Jack Goldstones term), it was only with the industrial revolution of late eighteenth-century Britain that it became a permanent and prominent feature of the world economy. Following the advent of this transformative process, questions soon arose elsewhere. The first was that of how to achieve the same kind of growth and dynamism. Soon this led to further questions: why other parts of the world did not show these qualities and why their attempts to do so ended in failure.
1Jun2006 | Stephen Davies | 0 comments | ContinuedInstitutions and Development: The Case of China
James Dorn (jdorn@cato.org) is a China specialist and vice president for academic affairs at the Cato Institute. He is coeditor of China’s Future: Constructive Partner or Emerging Threat? (Cato Institute, 2000).
An earlier version of this article appeared in Vital Speeches of the Day (November 15, 2005).
From a liberal perspective the goal of economic development is [...]
The Great Chinese Inflation
Inflations have undermined the cultural and economic fabric of society, bringing social chaos and revolution. One example is the Great Chinese Inflation of the 1930s and 1940s. Indeed, the destruction of the Chinese monetary system during this period helped Mao Zedong’s communist movement triumph on the Chinese mainland in 1949.
In the nineteenth and early twentieth [...]
California’s War on Homeschoolers
Steven Greenhut is a senior editorial writer and columnist at the Orange County Register in Santa Ana, California.
I’m routinely astounded by the degree to which Americans will be outraged by government abuses that take place in far-off lands, while remaining uninterested in similar abuses right here in their very midst.
My newspaper, the Orange County Register, [...]
Economic Growth and Freedom in the Coming Millennium
Christopher Lingle is an independent corporate consultant and visiting professor at Universidad Francisco Marroquin in Guatemala. He is the author of The Rise and Decline of the Asian Century (Asia 2000, 1998).
There are many reasons to believe that the year 2000 will usher in a period of rising living standards and greater overall freedom. This [...]
A Reviewers Notebook
The modern age might be described as the age of the secondary objective. Bureaus are set up in national capitals to do specific jobs, but they remain on the scene to preserve themselves as bureaus. The League of Nations was established to save the peace, but it was always afraid to make a real attempt [...]
20Nov2009 | John Chamberlain | 0 comments | ContinuedImperial Chinese Welfare State
It is a curious fact that the greater part of those social theories which have lately thrown the public mind of France into a ferment, and which are represented as the sublime results of the progress of human reason, are but exploded Chinese Utopias which agitated the Celestial Empire centuries ago.
In the 11th century [...]
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The End of Prosperity: How Higher Taxes Will Doom the Economy–If We Let it Happen
By Arthur B. Laffer, Stephen Moore, and Peter J. Tanous
