Jacek Popiel A few weeks ago we examined the source of China’s “meteoric” rise to the rank of the second largest world economy and concluded that the “miracle” was essentially a one-off play based on offering the lowest cost for the production of goods for export. While successful, the policy destroyed both income and assets…
W.J. Astore August 6, 1945. Hiroshima. A Japanese city roughly the size of Houston. Incinerated by the first atomic bomb. Three days later, Nagasaki. Japanese surrender followed. It seemed the bombs had been worth it, saving countless American (and Japanese) lives, seeing that a major invasion of the Japanese home islands was no longer needed.…
Michael Murry “Never trust your interpreter. He’s the one selling your secrets to your competition.” So said a Chinese business acquaintance I met while employed for six months in the People’s Republic of China during the fall and winter of 1994-95. I worked for a Thai-Chinese company that installed bowling centers at airports and amusement…
The Contrary Perspective 