One of the key lessons I’ve drawn from studying economic development is that wealthy nations only promote the idea of development as long as it doesn’t threaten their hegemonic position in the world economy.

I do not dislike the US. I have lived there for an extended period of time, have family and close friends living there, and travel there often. My issue with the US is its ruling class, which has sought to stifle sovereign development in the global South for decades.

As long as competition is one of the key organising principles of the world economy, successful industrial policy in one country cannot avoid having adverse effects in other countries.

"Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned. This is not education. It’s indoctrination." - Ha-Joon Chang

We are, it seems, expected to recoil in disgust when Xi and Modi cosy up to Putin in Tianjin, yet merely shrug when Netanyahu strides into the US Capitol to thunderous applause.

I’ve been waiting my entire life for a politician other than Bernie Sanders to just say this.

China's innovation surge is shredding to pieces the myth that free-market capitalism is a prerequisite for innovation. Sure, there is a thriving private sector in China. But the state — not the capitalists — ultimately controls the direction of investment in China.