Fiscal Insight

Picture this political cartoon: In some unknown ocean, a Chinese submarine confronts a U.S. navy vessel with the Chinese submarine captain saying, “Turn around or we sell all your T-bills.” The caption says, “Chinese sub threatens U.S. Navy.” As expressed…

Ricardo and China

What happens when you build an airport and nobody uses it?  China has an answer. Although China faces underutilization as it develops its transportation infrastructure in the air, by rail and roads,  it seems to be continuing. China’s policy took me…

An Imbalance in the Marriage Market

Recent articles about skewed birth rates in China indicate 119 (and more) males are born for every 100 females. Discussing the imbalance, most commentary focused on marriage and how tough finding a wife will become. http://news.yahoo.com/s/afp/20100111/hl_afp/chinapopulationmenmarriage Some thoughts… 1. On…

A Stimulating Idea From China

The place is Inner Mongolia. The city is Ordos. Actually, within 18 miles, there are two Ordos. One looks like a normal city. Built with stimulus money, the second Ordos looks complete except for one detail; there are no people.…

Ranking China

Look at your dining table or your clothing and you might see “Made in China”. Thinking of all they are producing, a market economy might come to mind. Next, though, take a look at the Index of Economic Freedom at:…