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BlackRock’s China Blunder

via The Wall Street Journal
Monday, September 6, 2021

While the rest of the world witnesses growing instability within the People’s Republic of China and the nationalization of private companies, the world’s largest asset manager, BlackRock, is encouraging its clients to put much more of their investments into China.

by George Soros

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The AI Revolution and Strategic Competition with China

via The Wire China
Sunday, September 5, 2021

The world is only starting to grapple with how profound the artificial-intelligence revolution will be. AI technologies will create waves of progress in critical infrastructure, commerce, transportation, health, education, financial markets, food production, and environmental sustainability. But it is not only the United States that is vulnerable; the entire democratic world is, too, because the AI revolution underpins the current contest of values between democracy and authoritarianism.

by Eric Schmidt

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Must Read | Watch | Listen

The Missing Mogul

via The Wire China
Sunday, September 5, 2021

Desmond Shum writes about the disappearance of his ex-wife, who had not been heard from for nearly four years after being taken into custody by the Chinese Communist Party.

by Desmond Shum

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Analysis and Commentary

Inflation In The Shadow Of Debt

by John H. Cochranevia The Grumpy Economist
Friday, September 10, 2021

The effect of monetary policy on inflation depends crucially on fiscal policy. In standard new-Keynesian models, of the type used throughout the Fed, ECB, and similar institutions, for the central bank to reduce inflation by raising interest rates, there must be a contemporaneous fiscal tightening. If fiscal policy does not tighten, the Fed will not lower inflation by raising interest rates.

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Thomas Sowell in front of a black background with an Uncommon Knowledge mug
Analysis and Commentary

Sowell On Grand Movements

by John H. Cochrane quoting Thomas Sowellvia The Grumpy Economist
Friday, September 10, 2021

A correspondent sends me this gem from Tom Sowell.

Articles
In the News

Raghuram Rajan Says India Is Too Big To Be Managed From The Centre

featuring Raghuram Rajanvia Economic Times (India)
Friday, September 10, 2021

"India is too big to be managed from the Centre," said Raghuram Rajan while speaking about the need for decentralisation while in conversation with Tamil Nadu's Finance Minister P Thiaga Rajan on a virtual platform on Friday.

Articles
Interviews

Niall Ferguson: Will Xi Move On Taiwan? History Warns He Might

interview with Niall Fergusonvia Nikkei Asia
Friday, September 10, 2021

Hoover Institution fellow Niall Ferguson says the abrupt US withdrawal from Afghanistan, and the American public's quickly fading support for military endeavors in the greater Middle East, could send the wrong message to Beijing and push it to take action in Taiwan.

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Analysis and Commentary

Reflections On 9/11 Twenty Years After

by Philip Zelikowvia War on the Rocks
Friday, September 10, 2021
We all have our own memories associated with the tragedy of 9/11. In my case I can remember going to Ground Zero shortly after the attacks and noticing that awful, pungent smell of the place, as if the terrorists had opened up some special, sulfurous path to hell.
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PoliticsFeatured

The Simple Economics behind California’s Governor Recall Election

by Lee Ohanianvia California on Your Mind
Friday, September 10, 2021

For the last three years, my Hoover colleague Bill Whalen and I have been writing weekly in this space about California policies and politics. During this time, I have become painfully aware of how life is quickly deteriorating for many California families, including those running small and medium-sized businesses, and this deterioration reflects a decline in the quality and accountability of state and local governance.

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Analysis and Commentary

NSI Remembers: Memories Of 9/11

by Amy Zegartvia The SCIIF
Thursday, September 9, 2021
On September 11, 2001, Americans across the country watched in horror as the terrorist attacks in New York City, Washington, D.C., and Shanksville, Pennsylvania, left nearly 3,000 people dead. As we approach the 20th anniversary of that tragic day, NSI Fellows and Advisory Board members share their memories of that day. Their stories reveal where they were — from targeted areas to everyday places across America.
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