China’s rise drives a growing impact of China on economics. So far, this mainly works via theforce of example, but there is also an emerging role of Chinese thinking in economics. Thispaper raises the question how far Chinese perspectives can affect certain foundational principlesin economics,...

China's rise drives a growing impact of China on economics. So far, this mainly works via the force of example, but there is also an emerging role of Chinese thinking in economics. This paper raises the question how far Chinese perspectives can affect certain foundational principles in...

Coinage developed in different ways in eastern and western Eurasia. In ancient China, early bronze ‘tool money' came to be replaced by round bronze coins that were supplemented by uncoined gold and silver bullion; whereas in the Greco-Roman world, precious-metal coins dominated from the start,...

Although classics of military strategy like Sun Tzu’s Art of War are often studied by business professionals and researchers, many lesser-known works in China’s military canon have been neglected. This article surveys seven major texts in ancient Chinese strategic thought, discussing the...

Institutions play a vital role in allocating entrepreneurial talent in society. Specifically, the payoffs to different kinds of innovation influence the allocation of entrepreneurial talent between productive, unproductive, and destructive behavior. I apply this insight to the case of the...

China’s rise drives a growing impact of China on economics. So far, this mainly works via the force of example, but there is also an emerging role of Chinese thinking in economics. This paper raises the question how far Chinese perspectives can affect certain foundational principles in...

The main aim of this paper is to analyze US-China trade relations and the so-called "trade war" between the two countries. As a first step, we will look at the trade relations between the two countries and explain why President Trump is eagerly following a protectionist trade policy toward China...