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The Biden administration intensified its war on China last week when it detonated a thermonuclear bomb at the heart of Beijing's booming technology industry. In an effort to block China's access to crucial semiconductor technology, Team Biden announced onerous new export rules aimed at a "comprehensive supply cut-off" of essential semic
It is now nearly 20 years since market reformers began liberalizing the economies of Eastern Europe, or as some smart-ass put it, trying to revive the fish in the centrally planned fish stews. These stews, cooked to diverse recipes from goulash socialism to Soviet "structural militarization", were subjected to a wide spectrum of overlapping treatments... Read More
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Manufacturing And Technology News February 6, 2007 Volume 14, No. 3 At a Washington, D.C., press conference last November, Harvard University economics professor Michael Porter claimed that globalism was bringing benefits to Americans (Manufacturing & Technology News, Nov. 30, 2006). Porter was introducing the latest report, “Competitiveness Index: Where America Stands” [PDF]of which he is... Read More
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Published in the print edition of Counterpunch, July 2006 For decades Democrats seemed to have a monopoly on class war with demagogy of “the rich.” Today it is the rich who are instigating class war with attacks on middle class jobs. The ladders of upward mobility are being dismantled. America, the land of opportunity, is... Read More
Moving jobs overseas can cut a company’s costs. But is it bad for the U.S. economy? Two economists debate the issue.
By TIMOTHY AEPPEL Staff Reporter of THE WALL STREET JOURNAL May 10, 2004; Page R6   Does offshore outsourcing hurt the U.S. economy by draining away jobs and investment, or does it ultimately make the U.S. stronger? Is it a cost-cutting tactic that should be encouraged, or should it be punished in some way? The... Read More
Charles Schumer and Paul Craig Roberts, “Second Thoughts on Free Trade,” New York Times, 6 January 2004 Republished on VDARE.com on February 15, 2004 “I was brought up, like most Englishmen, to respect free trade not only as an economic doctrine which a rational and instructed person could not doubt but almost as a part... Read More
With the release of the Cox Commission report, the growing national hysteria regarding relations with China has reached troubling, even alarming, proportions. Growing international hostility between America and China rather than apparent Chinese spying in America is the far greater threat to our national security. The basic conclusions of the Cox Report are certainly correct:... Read More
HAVING PULLED America back from the brink of a disastrous trade war with the Japanese, the Clinton administration deserves at least faint praise for its last-minute lack of commitment to principle. All along, Clinton's trade negotiators had demanded that the Japanese government pledge its private companies and individual consumers to specific "numerical goals and timetables"... Read More