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Over the past several decades, a new trade paradigm has arisen, one that deemphasizes domestic, vertically integrated firms competing in end products with similarly integrated firms from other nations. Instead, from automobiles to electronics, chemicals, and clothing, the production process has dispersed.
The general economic "health" of the U.S. manufacturing sector has re-emerged in a Presidential election year. In his 2012 State of the Union address, President Obama announced to Americans "that we have a huge opportunity, at this moment to bring manufacturing back," promising manufacturers special tax reductions and other federal...
Are global corporations cleaning up their supply chains? The debate over the abysmally low wages paid to workers in emerging economies illustrates the difficulty. There are two conflicting narratives, both tied to China.
Japan's economic performance has largely been written off over the past two decades. It shouldn't be—reform could build on the country's strong fundamentals.
It appears that China’s leaders are worried that Washington is getting smart, and trying to “westernize and divide China” through a culture war. And President Hu Jintao, who leaves office this year after his five-year term is up, has decided to make an Alamo-like last stand over culture.
Medicare Part D — delivering prescription drugs to seniors — has been a success since President Bush introduced it. And the Obama administration plans to threaten that achievement.
Cap and trade may be superior to command-and-control regulatory approaches, but it is not necessarily superior to other alternatives, such as a carbon tax.
AEI Visiting Fellow Jon Entine explains the confusing case of Bisphenol A, showing what can happen when science and popular opinion are in conflict.






