@michaelxpettis HI Michael thanks for this clarification. How then should one characterize the relationship of your argument to the "China shock" literature? If I understand you correctly it is a case of “faux amis”. You are less aligned than one might think.
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…