Most of what is worth knowing did not come from academics (or spies).
Reviews of Anti-Fragility and Skin in the Game will be posted shortly.
Re-Published with Permission. Visit Ben at https://grrrgraphics.com/.
Alert Reader based in China and heavily invested in Chinese manufacturing brokerage reports that Trump tariffs are exactly what has been needed to bring the Chinese to the table so as to correct the imbalance that may have been fair 30 years ago but is grossly unfair to US companies and workers now.
He reports that over 100 factories have closed overnight as US companies have started cancelling orders that would not arrive in time to miss the new 10% tariffs that start 24 September, and that the Chinese government is under massive pressure to work with Trump to avoid triggering the 25% tariff rate that would be implemented on 1 January 2019 if talks do not progress.
“The way to have good and safe government is not to trust it all to one, but to divide it among the many, distributing to every one exactly the functions he is competent to.
Let the national government be entrusted with the defense of the nation, and its foreign and federal relations; the State governments with the civil rights, law, police, and administration of what concerns the State generally; the counties with the local concerns of the counties, and each ward direct the interests within itself.