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A Tech war without winners

By Andrew Sheng and Xiao Geng HONG KONG — US President Joe Biden’s recent executive order restricting American investments in Chinese semiconductors, microelectronics, quantum information technology and artificial intelligence marks another escalation in the Sino-American tech war. In the context of the two superpowers’ intensifying geopolitical rivalry, the chances that this
Hong Kong United States South Korea University Of Hong Kong Hong Kong General Williamh Janeway

A Tech war without winners

By Andrew Sheng and Xiao Geng HONG KONG — US President Joe Biden’s recent executive order restricting American investments in Chinese semiconductors, microelectronics, quantum information technology and artificial intelligence marks another escalation in the Sino-American tech war. In the context of the two superpowers’ intensifying geopolitical rivalry, the chances that this
University Of Hong Kong Hong Kong General Hong Kong United States South Korea Williamh Janeway

What to Do About Radical Uncertainty

CAMBRIDGE – A central premise of neoclassical economics is that the consequences of the decisions of market participants can be known in advance and quantified as risk-adjusted estimates. As John Kay and Mervyn King showed in their 2020 book, Radical Uncertainty: Decision-Making Beyond the Numbers, such probabilistic reasoning has a long history. As applied in |
United Kingdom United States Great Britain Frank Knight Luigi Pasinetti Mervyn King

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Capital is not a strategy

Along with the rest of the world, entrepreneurs have spent the past dozen years living in an unprecedented financial environment. Responding first to the stubbornly slow recovery from the 2008 financial crisis, and then to the recession caused by Covid-19, major central banks have sustained an array of unconventional initiatives and asset-purchase programmes...
United Kingdom City Of Kenny Roger Bernard Baruch Warburg Pincus Williamh Janeway

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