China asks state-owned ‘national champions’ to help ‘stabilise’ economy, boost profits by 9 per cent in 2019

Editor’s note: In case anyone thought China was a free market, note that they are ordering their national champions to boost monopoly profits. They have economic management tools that we have never thought about. China’s biggest 97 industrial conglomerates, known as the country’s national champions, have been asked to play their part as “stabilisers” in the…

The End Of Economics

Editors note: Spencer Morrison destroys the intellectual edifice of free trade theory. Classical Economics & Free Trade Depend on 3 Invalid Presumptions—Now What? [Spencer Morrison | November 30, 2017 | National Economics Editorial] The era of economic surrender is over, and the rebirth of American industry has begun. ~President Donald J Trump (2017) President Trump…