The Costs of U.S. Hegemony: Military power,military spending,and U.S. trade performance

For David Gordon and his collaborators in the social structures of accumulation (SSA) tradition, the willingness to threaten potential adversaries with military forces capable of acting on a global scale was seen to positively affect the U.S. terms of trade. U.S. hegemony yielded specific supply side benefits as favorable terms of trade reduced relative input prices and boosted profitability. Although Gordon and his co-authors recognize the potential costs of sustaining a large, globally active military apparatus, these costs are not incorporated in the econometric models supporting the SSA theory. This paper attempts to extend the SSA analysis by empirically measuring the effects of both military spending and military power on U.S. trade performance over the 1951–1987 period. It is shown that while military power and spending commitments may have positive effects on the terms of trade, these military variables had direct and indirect negative impacts on the U.S. net export balance and therefore domestic aggregate demand. In the context of a model of U.S. growth performance open to international transactions, the overall effect of the postwar military system on U.S. economic growth was likely negative in the cold-war era     

美国减税之中国应对研究:基于人才流失的视角

本文研究美国减税如何影响中国人才流失、经济增长和中美技术差距,并据此探讨中国的应对之策。在一个两国开放经济的内生增长模型中,研发能力服从Pareto分布的异质性劳动者选择成为普通工人或创新企业家,且选择是否移民。美国减税将可能吸引一些中国高研发能力的人才移民至美国,从而在长期中扩大中美两国的技术差距。因此,中国有必要实施减税改革,以缓解人才流失问题。基于理论模型的数值模拟表明,为了提升人均社会福利水平,中国企业所得税税率需从现行法定的25%降至约18.5%。最后,本文给出了相应的政策建议。     

美元本位制、美元霸权与美国金融危机

美元本位制下,美元霸权表现为中心一外围框架体系.在该体系下,中心国美国与外围国家的权益和义务不对称,地位不对等,而且框架体系本身具有内在的不相容性,这些特征决定了美元本位制的内在脆弱性,由此也使美国落入美元本位制的陷阱,造成美国国内利率下降、消费信用过度扩张、制造业陷入衰退等经济失衡,最后当信用泡沫破灭时,金融危机爆发.     

The U.S. immigration crisis

A review of the factors affecting immigration to the United States is presented. The authors develop the argument that present levels of immigration, particularly illegal immigration, are detrimental to U.S. interests, and that current global population trends will make this situation progressively worse. Stricter controls on immigration are considered.     

电子商务的伦理构建

一、“鼠标下的德性”问题突出电子商务在风靡世界、带来无限商机的同时,也潜伏着这样或那样的风险:网上信用制度和网上购物配送体系的不完善,使电子商务被人看作是尚不成熟、又具高风险的领域;还有一些别有用心的人挖空心思设置网上陷阱,让上网者防不胜防,不知不觉中失去钱财。据不完全统计,全球每年在网络上发生的投资诈骗金额就高达10亿美元。目前电子商务具有的技术和道德风险使电子商务的发展处于进退维谷的尴尬状态。造成这种风险的原因,既源于目前开展电子商务在软、硬件设施建设方面的滞后,也源于人们尚未真正把握电子商务的本质和…     

The Basic Needs Strategy,the Congressional Mandate,and U.S. Foreign Aid Policy

In line with Veblen's contributions on the "dark side" of commercial and political relationships, we show how promises can be used to manipulate the "common man." By imposing excessive access costs on potential promisees (e.g., citizens or consumers), a promiser (e.g., a politician or a firm) can benefit from making a promise without having to wholly fulfill it. These strategically manipulated access costs can be legitimized by the need to prevent abuse and fraud that exempts the promiser from being accused of cheating. Here, two case studies on promises offered to eligible households - the Food Stamp/Supplemental Nutrition Assistance Program and rebates - are developed. Some policy implications are drawn and extensions are suggested.