Scott Sumner On Krugman's China Fallacies
I have often disagreed with Scott Sumner's writings, and while I can't say that I agree with everything he writes in this article about Paul Krugman's call for trade war with China over its currency policy (which I commented on here), I do agree with most of it. And he is quite good in those parts where he is right, so do read the article here.
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