2011年10月4日 星期二
Krugman: Hold China to Account
The currency exchange rate oversight reform act of 2011: status, full text
Krugman on China and U.S. manufacturing and jobs
(see "The China Syndrome")
Krugman column: Holding China to account | cht
Krugman on China and U.S. manufacturing and jobs
(see "The China Syndrome")
Krugman column: Holding China to account | cht
2011年9月30日 星期五
2011年9月29日 星期四
trade and jobs in U.S.
The China Syndrome
Autor-Dorn-Hanson, The China Syndrome: Local labor market effects of import competition in the U.S. (link)
Autor-Dorn, The Growth of Low-Skill Service Jobs and the Polarization of the U.S. Labor Market (link)
WSJ report.
Autor-Dorn, The Growth of Low-Skill Service Jobs and the Polarization of the U.S. Labor Market (link)
WSJ report.
The authors calculate that the cost to the economy from the increased government payments amounts to one- to two-thirds of the gains from trade with China. In other words, a big portion of the ways trade with China has helped the U.S.─such as by providing inexpensive Chinese goods to consumers─has been wiped out. And that estimate doesn't include any economic losses experienced by people who lost their jobs.
2011年9月27日 星期二
2011年9月23日 星期五
2011年9月21日 星期三
2011年9月20日 星期二
China saves Europe?
Fareed: Only China can save Europe
Economist, The Celestial Economy
In a world awash in debt, power shifts to creditors. After World War I, European nations were battered by debts, and Germany was battered by reparation payments. The only country that could provide credit was the United States. For America, providing desperately needed cash to Europe was its entry into the councils of power, a process that ultimately brought a powerful new player inside the global tent. Today's crisis is China's opportunity to become a "responsible stakeholder" in the global system. If this doesn't happen, hold on to your seat because we're in for a rough ride.Subramanian: The Inevitable Superpower
Economist, The Celestial Economy
2011年9月19日 星期一
If not us, who?
The quotation
The film
The film
And inflation? From 1980 to 1988, it dropped from an annual rate of 10.4 percent to 4.2 percent, and unemployment dropped from 7 percent to 5.4 percent. When Reagan made clear that he was willing to support a tightening of the money supply to fight inflation, some advisers warned that such a policy might bring on recession. Reagan responded by using the prophet Hillel’s words: “If not now, when? If not us, who?”
2011年9月15日 星期四
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