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Free market and the US-China rivalry

Why does the US advocate a free market while stifling it too? The current US-China economic war is a perfect example of this perplexing question. The legacy of Milton Friedman, the founder of America’s modern political economy, was a representation of this very dichotomy: the use and manipulation of the concept of the free market. Through the Chicago School of Economics, whose disciples have proved most consequential in the formation of the American approach to foreign policy, especially in South America, Milton constantly championed the virtues of the free market, emphasising a supposed link between freedom and capitalism and insisting that governments should not micromanage markets.

Free market illusions: What is the US endgame in China?

Twitter, Whatsapp And Jaishankar s Itinerary

Twitter, Whatsapp And Foreign Minister Jaishankar’s US Tour Regime needles US tech giants in the backdrop of foreign minister’s US visit Vappala Balachandran 27 May 2021, Last Updated at 8:52 pm whoever advised Delhi Police to pay a visit to the Twitter office in New Delhi on May 24 to coincide with our external affairs minister S. Jaishankar’s first visit to US after Joe Biden became President should be complimented for the brilliant timing. (File Photo) outlookindia.com 2021-05-27T20:52:48+05:30 Did the police “raid” the Twitter office as several Indian media outlets reported or did they only pay a “visit” as claimed by Delhi Police PRO Chinmoy Biswal to enquire “who was the right person to serve a notice”? If that was the intention, was it necessary to send 10 policemen in three cars, all wearing prominent ‘Special Cell’ uniforms, to Gurgaon and another team to Mehrauli around 7.40 pm as a daily had reported?

US House passes sweeping bill to counter China

09:23 • 26.05.21 US efforts to address competition with China progressed on Tuesday when the chairman of the House of Representatives Foreign Affairs Committee introduced sweeping legislation to boost economic competitiveness and push Beijing on human rights. Representative Gregory Meeks introduced the “Ensuring American Global Leadership and Engagement Act,” or EAGLE Act, as the U.S. Senate separately heads toward a vote on its own legislative package seeking to counter China, Reuters reports. The desire for a hard line in dealings with China is one of the few truly bipartisan sentiments in the deeply divided U.S. Congress, which is narrowly controlled by President Joe Biden’s fellow Democrats.

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