Thursday, April 12, 2018

More on China and the US

So, if there is a reason for concern regarding China in the US, it is definitely the use of their developmental state to promote technological innovation.

And as the graph shows they are catching up on spending, at least. I'm not sure I agree with the WSJ here, but they are certainly moving into high tech areas like AI.

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Business Cycles in the Modern World System: Past, Present and Future

  In case anybody is in the area around New York, the Program of the PEWS conference below. Thursday, April 26, 2018 -- 4:30 - 5:20...