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The Myth of Chinese Currency Manipulation
When the U.S. devalues the dollar, the tight relationship between the world’s currencies and the dollar means that a devaluation stateside is generally a global event.
READ MOREHave Two-Income Households Made Us Poorer?
Ordinary Americans are indeed today much richer than they were during any imagined past golden age.
READ MOREThe Revolution of 1948, and Its Reversal
GATT marked a seachange in economic affairs, the moment when nationalist-style protectionism gave way to international cooperation and the primacy of enterprise. It was the revolution of 1948.
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