Posts Tagged ‘china’

The natural disaster will be televised

Wednesday, May 14th, 2008

It seems a little odd to be offering political analysis in a moment of so much human suffering, but it must be noted that the Chinese government’s response to the massive recent earthquake in Sichuan province is a damned sight more open and competent than I expected. On the negative side, China is still blocking international aid workers. On the positives side, the state media is broadcasting in what appears to be an accurate and timely manner and foreign correspondents are allowed to do their jobs. It seems that the regime is learning from the past. From the NY Times: (more…)

The de facto nationalization of the global financial system

Sunday, May 11th, 2008

I’ll post a few links to posts by the economists Brad Delong and Brad Sester. First, Brad Delong quotes David Leonhardt, who is arguing that the official inflation rate (in the U.S.) is still over-stating how much inflation is actually occuring (that is, Leonhardt is arguing that there is less inflation than the government reports): (more…)