China’s Evolving Dominance over Critical Materials
About a decade ago, a concern emerged that China was dominant in global production of what are called “rare earth elements”–including notably yttrium, neodymium, europium, terbium, and dysprosium. (Giving the atomic number for each of these is left as an exercise for the reader.) These materials are, at least with current technology, essential for manufacturing certain clean energy technologies, like components of electric vehicles and wind turbines, as well as some materials used in defense-related technologies, like permanent magnets and certain coatings for jet engines.
- 07/04/2023
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Taking Long-Term Stock Returns Seriously
Credit Suisse was founded in 1856, and then shut down earlier this month by Swiss bank regulators, who forced the sale of the firm to UBS.
- 03/04/2023
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Hammers and Nails: Central Banks and Inequality
There’s an old saying that “if your only tool is a hammer, then every problem looks like a nail.”
- 02/04/2023
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Is the US Government Overspending?
The American public is in favor of less total government spending, but it would prefer to avoid reducing spending in almost every category.
- 02/04/2023
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Interview with Yasheng Huang on the Development of the Chinese State
Many of us comment on China by reading the second-hand literature published in English.
- 30/03/2023
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