China’s recently closed “third plenum,” held in July 2024, stated that “national security is an important foundation for China’s modernization.” … Continue reading “The Economics of China’s National Security Policy”

The Index of Economic Freedom, which is compiled every year by the Heritage Foundation, shows that the most capitalist countries … Continue reading “The decline in poverty and the increase in the number of billionaires go hand in hand”

As recently as 1981, 88 percent of the Chinese population was living in extreme poverty; today it is less than … Continue reading “Explaining China’s economic miracle”

– Fears are rising that we are at the foothills of a “new Cold War”; – Covid-19 is provoking a … Continue reading “The West must avoid “politically dangerous” and “economically costly” confrontation with China, says new IEA briefing paper”

Covid–19 has done more than cause a medical and economic crisis. It is provoking a major reorientation of the foreign … Continue reading “Post-coronavirus, how should the West approach China?”

Although the coronavirus scare has dampened the protests in Hong Kong, last year’s events attracted worldwide attention which has not … Continue reading “Hong Kong is becoming less important for China – and this is bad news”

At first glance, the assertion in this article’s headline may seem unfair. After all, aren’t anti-capitalist activists widely regarded as … Continue reading “Anti-capitalists don’t care about the fate of the world’s poorest countries”

Dr Rainer Zitelmann’s book The Power of Capitalism could just as well have been titled “The Free Market’s Forgotten Success … Continue reading “Book review: “The Power of Capitalism” by Rainer Zitelmann (Part 1)”

The two economists Hayek and Keynes agreed on one thing. They both believed that ideas and the climate of opinion … Continue reading “It’s time to champion capitalism’s extraordinary successes”