Saturday, January 30, 2021

Is China Now Number One? — J. Barkley Rosser

PPP versus GDP, and other economic factors.

Barkley Rosser asserts that the US is militarily superior. That is true on paper, but there is more to war fighting than numbers on paper, especially funds spent. The US no longer has a decisive military advantage over China strategically or tactically, especially if Russia were to get involved logistically. Oh wait, Russia is already involved logistically. Getting involved in a kinetic war with China would be insane. (Game theory, which is big in military analysis, assumes rationality.)

Is China Now Number One?
J. Barkley Rosser | Professor of Economics and Business Administration James Madison University

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