Sunday, December 7, 2014
China's Economy Surpasses The US Economy: So What?
Joe Stiglitz puts China's economic growth and power in perspective, and he indicates how the US might work together with China in world that is always changing. Stiglitz has a perspective that is better informed than that of most Americans, however, it is view that most Americans will reject. The comments that follow this article reinforce most of the points about US arrogance, and its likely outcomes, that Stiglitz attempted to make in this article. Ignorance is bliss. Few of the suggestions offered by Stiglitz will be on the political agenda in the US. Politicians who advocated his policies would not get elected to office.