Despite occasional trade frictions in the U.S.-China relationship, the citizens of both countries and their governments have a profound mutual interest in harmonious economic relations. Still, many Americans worry about the economic implications of China’s rise, as well as its effect on the balance of power in Asia. While the Obama administration has promoted a “pivot” toward Asia, the media have been spilling ink over the proposition that China has thrived at U.S. expense for too long, and that her growing assertiveness requires U.S. policy changes. According to columnist Robert J. Samuelson, “China’s worldview threatens America’s geopolitical and economic interests.” Have the once-respected demarcations between the strategic and economic aspects of the relationship been blurred permanently?
Featuring Holly Bell, Associate Professor (Business), University of Alaska Anchorage; and Hester Peirce, Senior Research Fellow, Mercatus Center; moderated by Louise C. Bennetts, Associate Director, Financial Regulation Studies, Cato Institute.
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In this issue of Regulation, Jonathan H. Adler and Nathaniel Stewart make the case for property-based fishery management, utilizing territorial or catch-share allocation among fishery participants. Also in this issue, Michael L. Wachter explores the relationship between the much-maligned National Labor Relations Act and the decline in union membership.
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