Some Friday morning links

Lynne Kiesling Some arguments and ideas catching my eye this morning: At their Why Nations Fail blog this morning, Daron Acemoglu and James Robinson point out that central planning predates Marxist ideology historically, and is an instrument that political elites use to control and “extract resources from society”. At the Huffington Post, economist Ben Powell … More Some Friday morning links

Did China cause North Dakota’s oil boom?

Michael Giberson News about the Chinese economy has become a bit worrisome, for instance from the New York Times earlier this week, “China Confronts Mounting Piles of Unsold Goods“: After three decades of torrid growth, China is encountering an unfamiliar problem with its newly struggling economy: a huge buildup of unsold goods that is cluttering … More Did China cause North Dakota’s oil boom?