Trump's China Strategy

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Many years ago, Nobel laureate Paul Samuelson was challenged by a mathematician to name a single proposition in all social science that was both true and nontrivial. Samuelson proposed the principle of comparative advantage, first developed by economist David Ricardo in 1817. It was true, Samuelson argued, as a matter of mathematical deduction, and yet its nontriviality was attested by thousands of intelligent men “who have never been able to grasp the doctrine for themselves or to believe it after it was explained to them.”

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