Mr. Wolfers, a professor of economics and public policy at the University of Michigan, asserts that the current US political climate demonstrates how presidential power can be leveraged for significant personal profit, a trend he describes as “selling the presidency.” The Economics of Presidential Influence According to financial disclosures, President Trump generated $US1.4 billion ($2 … Read more
The New Era of Managed Rivalry: Navigating the US-China Power Struggle For decades, the relationship between Washington and Beijing was defined by a cautious dance of engagement and friction. However, we have entered a period of “managed rivalry.” This isn’t about total decoupling—which would be economically catastrophic—but rather a strategic effort to compartmentalize conflict while … Read more
The New Geopolitical Chessboard: Decoding the US-China Power Shift The arrival of US President Donald Trump in Beijing isn’t just another diplomatic visit; It’s a signal of a shifting global order. For years, the narrative was one of American hegemony. Today, we are witnessing a transition toward a “bipolar” stability where leverage is the only … Read more