America, Economy, Globalization, power

Sharing values and power: What is Trumpism all about?

Formal countdown of globalisation has been started when Trump announces his territorial policy. I appreciate to him as he is at least open to tell the fact. If the world still believes in globalised values and norms then it must think how harmony is maintained...

INCOMESCO, Quotations

Why Nations Fail by Acemoglu and Robinson

Even if Chinese economic institutions are incomparably more inclusive today than three decades ago, the Chinese experience is an example of growth under extractive political institutions. Despite the recent emphasis in China on innovation and technology, Chinese growth is based on the adoption of existing technologies, not creative destruction.