Re: Re: Re: RE: Eurocentrism once again

[Brad DeLong]

>It is true that most of the TW are not part of this global
>economy.  China is enough to subsidize the US with its low wage
>production....
>
>Cheers, Anthony

The implication is that China would be a richer place if it exported 
less, and thus subsidized the U.S. less--that each container that 
leaves Shanghai for Long Beach is a subtraction to Chinese living 
standards.

I cannot see how that could possibly be true...


Brad DeLong