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A better theory for understanding and predicting economic activity is based on applying genetic evolutionary principles to explain economic behavior. This time, it is different. The U. S. economy is not going to return to a prior point of equilibrium, or even to a more modest claim by...
Persistent link: https://www.econbiz.de/10014175292
This article is two sections from a much longer article entitled Chinese COVID Lockdowns, Black Economic Dysphoria, Global Crony Capitalism. and the Killing of George Floyd.We argue that the Republican Party trade deals had a disproportionate negative economic effect on Black people. By the time...
Persistent link: https://www.econbiz.de/10012831474
Our article argues that the structure of the U.S. economy had already been damaged by the political promotion of disastrous trade deals.The trade deals caused the American economy to bifurcate into a component of big companies that benefit from global trade, and the rest of the economy that is...
Persistent link: https://www.econbiz.de/10012837025