Why China Won’t Revalue
In the wake of the Asian financial meltdown, experts predicted that China would devalue the renminbi. So did traders: Currency …
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China Syndrome
In the 1980s and early ’90s, Japan bashing was the favorite pastime in Washington. Japan’s sin: its large “contribution” to …
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Use Those Gringo Dollars
Mexico’s presidential election isn’t until July 2006, but Mexico’s investors are already worried to the point of sleeplessness over the …
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Stop the Mercantilists
Mercantilism was an insidious economic theory that held Europe in its thrall in the 16th, 17th and 18th centuries. The …
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Beijing’s Tactical Retreat
Under a barrage of fallacious arguments from the Bush Administration and the U.S. Congress, Beijing made a tactical retreat on …
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China’s War Chest
In October, Thomas Schelling shared the Nobel Prize in economics for his discoveries about game theory, which is the analysis …
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