A Gen Z Guide to American Political Economy

Everybody’s heard the rhetoric on U.S. China relations. They’ve heard politicians lambast China for a variety of human rights abuses and aggressively expanding their territory in the South China Sea. They’ve also heard legislators in the Democratic Party framing competition with China as a main reason to pass legislation such as the CHIPS Act (which incentivizes domestic semiconductor manufacturing). While it’s true that China poses a threat to world peace and stability, Americans should not be viewing America's relationship with China as a looming catastrophe. In an authoritarianism-versus-democracy scenario, there actually is a lot of hope for The United States' relationship with China if it is analyzed through the lens of political economy. Before anybody can understand why there’s a positive path forward with U.S. and China relations, they need some background. Dr. Yuen Yuen Ang of Johns Hopkins has studied corruption in many countries and analyzed the political economies o...