One of the key arguments used by the Obama administration to support the Trans-Pacific Partnership (TPP) is that if the United States doesn’t write the rules on trade, China will. There’s some truth here: China is, in fact, leading an effort to negotiate a massive trade agreement across the Asia-Pacific – one that excludes the United States and that will ...

In late February, hundreds of coal miners in Anyuan, where Mao Zedong first organized workers for the Great Strike of 1922, protested against their state employer over low wages and even poorer working conditions. On Wednesday, China wrapped up its most important legislative meeting of the year, announcing sweeping free market initiatives for economic recovery and long-term growth. Though clearly ...

I spend a decent amount of time traveling around the U.S. speaking at conferences and visiting clients. Doing this is a visceral form of economic research — you can witness just how various regions are recovering and expanding with your own eyes. It doesn’t take much to realize that, to paraphrase science fiction writer William Gibson, the recovery is here, ...