Wealth & Poverty Review

Chinese Yuan and US dollars on the map of China. Trade war between US and China, economic sanctions

How the U.S. Can Solve the Current Trade Tariff Impasse With China

Trade talks between the U.S. and China have hit an impasse, but there is surprising bipartisan support for the Trump administration to stay the course on what will be a long process to resolve the full range of trade problems specific to China. Success on this first round of trade negotiations in the form of ending the tariff penalties that are at the heart of a year-old trade war, with further reduction and even elimination of tariffs on as many categories as possible, should actually be attainable in the near term. Future rounds of trade talks to find remedies for China’s intellectual property and trademark theft, national security threats, and forced technology transfer from American companies doing business in China …

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A Brewing Rebellion in the Emerald City

For the past five years, like many of its West Coast counterparts, Seattle has endured a steady expansion of homelessness, addiction, mental illness, crime, and street disorder. But the activist class—a political and cultural elite comprising leaders in government, nonprofits, philanthropy, and media—has enforced a strict taboo on declaring the obvious: something is terribly wrong in the Emerald City. Last month, veteran Seattle reporter Eric Johnson of KOMO violated that taboo with a shocking, hour-long documentary called Seattle is Dying, which revealed how the city has allowed a small subset of the homeless population—drug-addicted and mentally-ill criminals—to wreak havoc. Johnson’s portrait is backed up by evidence from King County homelessness data, by city attorney candidate Scott Lindsay’s “prolific offender” report on 100 homeless individuals responsible for more than 3,500 criminal cases, and by my own reporting on the homelessness crisis. Read More ›

U.S. Trade Deal with China Imperfect, but Both Sides Benefit

The U.S. and China are edging closer to finalizing a trade deal that should end the tariff penalties that are at the heart of a year-old trade war. But a comprehensive deal that includes remedies for China’s theft of intellectual property and forced technology transfer from American companies doing business in China may not be in the cards in closing out this round of trade talks. When China joined the World Trade Organization (WTO) in 2001, it was granted “developing country” status, which allowed it to nurture infant industries by levying high tariffs on imports from the U.S. and Europe even while China benefited from low tariffs on its exports into those same countries. Read More ›

The Bill Walton Show: “Is War with China Inevitable?” with Adm. James Stark and Dr. Stefan Halper

In China, the U.S. confronts an adversary that saw itself as the Middle Kingdom –the center of the universe –for 3,000 years, then endured a century of humiliation and now seeks to return to what it sees as its rightful place in the world. Join Bill Walton as he and veteran Washington foreign policy experts Dr. Stefan Halper and Adm. James Stark discuss China’s comprehensive program to dominate its region and to challenge the U.S for cultural, economic and military superiority. Read More ›

George Gilder Interviewed on the ‘Whiskey Politics’ Podcast

Discovery Institute’s George Gilder sat down with Dave Sussman of the Whiskey Politics podcast to discuss his latest book Life After Google: The Fall of Big Date and the Rise of the Blockchain Economy.