An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, August 17, 2014
Danny Quah — Economics, Democracy, and the New World Order
It most likely isn't going to be neoliberalism.
Danny Quah — Making large things visible to the human eye Economics, Democracy, and the New World OrderDanny Quah | Professor of Economics and International Development, and Kuwait Professor, LSE
I'm looking forward to China surpassing the US, because it is going to take a shock to the system like that for the US to get its ass in gear and start demanding more from government.
Well, there is going to be the counterargument that the problem of the US is too much government and the way to beat China is by doubling down on neoliberalism.
There is also being to be ramp up of the Chinese threat to "our way of life" and the need to ramp up military spending.
IMHO, this thinking likely already drives a lot of what happening on the inside.
I'm looking forward to China surpassing the US, because it is going to take a shock to the system like that for the US to get its ass in gear and start demanding more from government.
ReplyDeleteWell, there is going to be the counterargument that the problem of the US is too much government and the way to beat China is by doubling down on neoliberalism.
ReplyDeleteThere is also being to be ramp up of the Chinese threat to "our way of life" and the need to ramp up military spending.
IMHO, this thinking likely already drives a lot of what happening on the inside.
This comment has been removed by the author.
ReplyDelete