A New World Order Is Here, and It Looks a Lot Like Mercantilism(bloomberg.com) “The crisis was not a failure of the free-market system,” declared George W. Bush in November 2008. “And the answer is not to try to reinvent that system. It is to fix the problems we face, make the reforms we need and move forward with the free markets principles that have delivered prosperity and hope to people across the world.”
The rise of the U.S., the rise of China(construction-physics.com) I spend a lot of time reading about manufacturing and its evolution, which means I end up repeatedly reading about the times and places where radical changes in manufacturing were taking place: Britain in the late 18th century, the US in the late 19th and early 20th centuries, Japan in the second half of the 20th century, and (to a lesser extent) China today.