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This essay on Huawei by George Gilder at AIER’s site is a must-read [2]. A slice:

All disruptive entrants into markets that were pioneered abroad — from Ford and Edison to Carnegie and Morgan in the U.S. — incur charges of theft for emulating established incumbents. All major business competitors, necessarily imitating one another and using common components under industry standards, provoke tensions over intellectual property. In Huawei’s case, the charges of theft mostly reflect rivals’ shock at Huawei’s success in bursting into a market shaped by standards and inventions from the United States, made by such companies as Cisco, Bell Labs, Qualcomm, and 3Com. In its imitative thrust, Huawei certainly was aggressive, like “fierce wolves,” as its own leaders have acknowledged, and it has paid fines and suffered penalties.

One would never know it reading American journals, but more than 15 years ago the claims of stolen IP were fully ventilated and litigated. It was an episode that rivals should study today before they disparage Huawei’s current constitutional challenge to the U.S. ban of Huawei equipment in U.S. networks.

“It’s as if Navarro were just throwing at his bête noire, the trade deficit, a near-random sequence of words reminiscent of postmodern talk” – so writes Pierre Lemieux in response to Peter Navarro’s most-recent gusher of goofy economics in the Wall Street Journal. [3]

The Lone Star Policy Institute’s Doug McCullough isn’t impressed by Tariff Man’s scheme to pressure Mexico into reducing its emigration by raising taxes on Americans [4].

Elaine Schwartz explains that tariffs imposed by Uncle Sam on U.S. imports from Mexico are very much tariffs imposed by Uncle Sam on U.S. exports [5].

James Pethokoukis understandably worries that much of the benefit from Trump’s tax cuts is eliminated by Trump’s tax increases [6].

Here’s David Henderson’s biography, for the Concise Encyclopedia of Economics, of William Nordhaus [7]. And here’s David’s biography of Paul Romer [8].

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