Hoover Institution fellow Lanhee Chen discusses the trade issues between the US and China.

Alejandro Rodrigues writes again from Argentina (previous post) "This  graph shows the evolution of peso denominated fixed income mutual funds. On Monday (after the elections) this funds suffered withdrawals of 6% of the total shares. Net assets fell by more as prices plummeted (-5%). 

It has become media orthodoxy to suggest that the era of US hegemony is slowly slipping away and migrating to Asia – with China as its locus – as we proceed into the heart of the 21st century. There is, however, a competing narrative, one recently expressed on ForeignPolicy.com by Michael Auslin, who makes the case that the “Asian Century” “is ending far faster than anyone could have predicted.”

“A republic, madam — if you can keep it.” That was supposedly Benjamin Franklin’s reply to a woman who asked him the result of the Constitutional Convention after it adjourned, in 1787.