China and the U.S.

David Dollar: I think on the Chinese side, there is a skepticism that the United States will accept the rise of China to a kind of coequal status. I think just kind of common sense that you wouldnwant to see another country emerge as the sole superpower; but I . . . From an economic point of view, there no reason for Americans to fear China rising to a similar economic status as the United States. I think in China, there a lot of skepticism that the American people and the American government will accept this. On the American side, I think there a lack of understanding that on the economic side China now really is a capitalist system with a tremendous amount of economic freedom. And this has generated a lot of prosperity. I produced a middle class, and Chinese people are pretty happy with this system. So I do think on the economic side there s a lot of potential for the countries to cooperate harmoniously. So I think on the American side there  a little bit of misunderstanding about the extent to which China is reformed, partly because Americans tend to equate capitalism with democracy. And personally, I think in the long run, there a pretty close relationship between capitalism and democracy; but the long run is pretty long. And over 20, 30 years I think you can develop a pretty well-functioning capitalist system under a one party system, and  not sure Americans fully appreciate that.

Recorded on: 7/3/07

Dollar, on the misunderstandings that get in the way.

Why a federal judge ordered White House to restore Jim Acosta's press badge

A federal judge ruled that the Trump administration likely violated the reporter's Fifth Amendment rights when it stripped his press credentials earlier this month.

WASHINGTON, DC - NOVEMBER 16: CNN chief White House correspondent Jim Acosta (R) returns to the White House with CNN Washington bureau chief Sam Feist after Federal judge Timothy J. Kelly ordered the White House to reinstate his press pass November 16, 2018 in Washington, DC. CNN has filed a lawsuit against the White House after Acosta's press pass was revoked after a dispute involving a news conference last week. (Photo by Alex Wong/Getty Images)
Politics & Current Affairs
  • Acosta will be allowed to return to the White House on Friday.
  • The judge described the ruling as narrow, and didn't rule one way or the other on violations of the First Amendment.
  • The case is still open, and the administration may choose to appeal the ruling.
Keep reading Show less

How to split the USA into two countries: Red and Blue

Progressive America would be half as big, but twice as populated as its conservative twin.

Image: Dicken Schrader
Strange Maps
  • America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
  • Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
  • Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
Keep reading Show less

Scientists just voted to change the definition of a kilogram

The definition of a kilogram will now be fixed to Planck's constant, a fundamental part of quantum physics.

Greg L via Wikipedia
Surprising Science
  • The new definition of a kilogram is based on a physical constant in quantum physics.
  • Unlike the current definition of a kilogram, this measurement will never change.
  • Scientists also voted to update the definitions of several other measurements in physics.
Keep reading Show less