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To Understand China’s Economy, Look to Its Politics

The removal of term limits for Xi Jinping may be a better indicator of economic health—or crisis—than official statistics Read more

Worrying About the Deficit is So 17th Century

In “celebration” of the late Pete Peterson’s 92nd birthday (see guest list), an excerpt from 19th Century historian Lord Macaulay’s History of England, on hundreds of years of unwarranted panic about government debt. Read more