China
US Big Business vs China: How Monopolies Harm National Security
China’s goal is to concentrate power, both within China and over Western industrial commons. The best reaction is not to mimic Chinese autocratic control...
How Allowing a Little Bit of Dissent Helps the Chinese Government Control Social Media
A new study on three major social networks in China finds that tolerating small, relatively free platforms helps the Chinese government maintain sufficiently high...
“Is the Market Actually Efficient? No, It Is Only a Very Powerful Narrative”
A conversation with Nobel Prize laureate Robert Shiller on his new book, Narrative Economics: "Economists do not study narratives systematically, but they shape the...
The Qualcomm Case: Why Protecting American Tech Monopolies Is a Big Favor to China
The FTC sued the company that monopolized the market of components for cell phones with its aggressive patent policy. However, in the technological race...
“Avoiding Plutocracy Would Require a Political Change”: Branko Milanovic on the Future of Capitalism
In an interview with ProMarket, CUNY Graduate Center economist Branko Milanovic discussed the differences and similarities between US-style and China-style capitalism and explained why,...
With the US and China, Two Types of Capitalism Are Competing With Each Other
Capitalism’s global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West,...
The Real “China Shock”: Political Fallout from Slowing Exports in China
As China’s export growth has slowed down over the past five years, workers have responded by taking to the streets with increasing frequency. The...
Is China’s International Joint Venture Policy Effective in Diffusing Technology?
The US administration launched a trade war against China in response to what it sees as unfair trade practices—especially the requirement that foreign firms...
How to Even Out the Pains and Gains from International Trade
The idea of creating transfer schemes to compensate the losers from international trade yet still preserve some of the gains faces a myriad of...
e-Autocracy: How Social Media Helps the Chinese State Surveil Protests and Spread Propaganda
The Chinese government has invested heavily in surveillance systems that exploit information on social media. This column shows that these systems are very effective,...
