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Παρασκευή 2 Μαΐου 2014
China vs. the U.S.: It's Just as Cheap to Make Goods in the USA
Photograph by Atisha Paulson/Bloomberg
An entire generation of Americans has come of age laboring under the assumption that the U.S. can’t compete in the manufacturing arena with low-cost competitors such as China and Brazil. That may have been true a decade ago, but it’s no longer true today.
Dont worry america you arent poorer than china
On Wednesday, the front page of
the Financial Times declared that China
stands poised to surpass the United
States as the world's largest economy -- and
to do so much sooner than anyone expected. Citing new data from a consortium of
leading statistical agencies, the paper explains that when the Chinese and
American economies are compared on the basis of purchasing power parity -- or
how much a yuan or dollar can purchase in their respective countries -- China
is on the threshold of overtaking the United States in terms of economic output
as soon as this year.
The Mismeasure of Technology
Ricardo Hausmann
CAMBRIDGE – There is nothing
better than fuzzy language to wreak havoc – or facilitate consensus. Ludwig
Wittgenstein argued that philosophical puzzles are really just a consequence
of the misuse of language. By contrast, the art of diplomacy is to find
language that can hide disagreement.
Exoplanet Rotation Detected for the First Time
A gas giant orbiting a relatively nearby star rotates every eight hours, its spectrum reveals
|By Ron Cowen
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