Month: April 2026

The Spirit of China?

One of the things that surprised me the most when I started traveling regularly to China in the late 1990s was the spirit of its people. It was contagious — in conferences, in meetings with government officials, research organizations, professors, and students, and in...

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The Economics of War

I have long been a big fan of IMF research. It’s not just the some 300 working  papers that  the Fund puts out each year. It is also the outstanding collaborative efforts that are published in the form of two analytical chapters that accompany each issue of the IMF’s...

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Donald Trump, Meet Sun Tzu

Rumor has it that a year ago Donald Trump delayed his so-called Liberation Day pronouncements by a day to April 2, 2025, because he didn’t want his unconstitutional “tariff emergency” to come across as a cruel April Fool’s Day hoax. This year, he defied that...

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