Re: [PEN-L] PK on China Challenge

2005-07-03 Thread Chris Burford
remarkable situation are another matter And it has taken almost 50 years. But what is that in the lifetime of the human race? CB - Original Message - From: Michael Perelman [EMAIL PROTECTED] To: PEN-L@SUS.CSUCHICO.EDU Sent: Monday, June 27, 2005 4:35 PM Subject: Re: [PEN-L] PK

[PEN-L] PK on China Challenge

2005-06-27 Thread Jim Devine
June 27, 2005/New York TIMES. The Chinese Challenge By PAUL KRUGMAN Fifteen years ago, when Japanese companies were busily buying up chunks of corporate America, I was one of those urging Americans not to panic. You might therefore expect me to offer similar soothing words now that the Chinese

Re: [PEN-L] PK on China Challenge

2005-06-27 Thread Michael Perelman
The part that surprised me in Krugman's article was the final paragraph in which he revealed his preference for blocking China. In his pre-leftish phase, wasn't Krugman angry with people like Laura Tyson who wanted to manage trade? -- Michael Perelman Economics Department California State

Re: [PEN-L] PK on China Challenge

2005-06-27 Thread Jim Devine
A foolish consistence is the hobgoblin of little minds, right? he does argue that Japan China are different case. He doesn't seem to be advocating blocking China as part of industrial policy (which is the kind of thing that Tyson advocated). On 6/27/05, Michael Perelman [EMAIL PROTECTED] wrote: