How China Is Helping To Damp Global Inflation

As China’s factory-gate prices soared this year, investors worried the country would become a new source of inflation for the rest of the world. Instead, the world’s second-largest economy has helped alleviate some price pressures caused by the pandemic, and appears likely to keep doing so—at least for a while. Read More Here

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Should Central Banks Have A Green Mandate?

Involving central banks in allocating money on the basis of “greening” compels them to make political decisions for which governments should be held accountable. The UK government’s new climate remit for the Bank of England is thus a further step in its abdication of responsibility for ensuring a healthy, sustainable economy.

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America’s Collapsing Meritocracy Is A Recipe for Revolt

By the late Qing period, Chinese officials were confronted with problems hardly conceived of in Confucian classics—but on the other hand, vanishingly few U.S. policymakers have degrees in science or foreign languages, and yet they nevertheless make decisions regarding nuclear weapons, biotechnology, and international trade. Read More Here

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Plagues And Empires

That an empire’s strength might actually be its weakness, creating vulnerabilities to exogenous shocks that didn’t exist in earlier stages of its history, bears consideration in light of the comparatively poor performance of Western countries in dealing with the COVID-19 pandemic. Read More Here

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