Trump, China, and the Kindleberger Trap

Trump, China, and the Kindleberger Trap
Peggy Peattie/The San Diego Union-Tribune via AP

Charles Kindleberger, one of the intellectual architects of the Marshall Plan, argued that the disastrous decade of the 1930s was a result of the United States' failure to provide global public goods after it had replaced Britain as the leading power. Today, as China's power grows, will it make the same mistake?

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