- At this rate, the only onese left running in the "race to the bottom" will be a unicorn and a leprechaun. More proof in China that the race to the bottom is a myth. (Get it?) (h/t Alec Van Gelder).
- "The value goes to where the knowledge is." The iPhone4 continues where previous iPods left off - providing proof that, despite misleading "trade deficit" stats between the U.S. and China, the real winners are Apple's employees, shareholders and consumers.) Mark Perry provides us with some great commentary and the money graphic:
- The only difference between the "green economy" and Three Card Monty is that we're not forced to play monty. This time, NRO's Kevin Williamson explains how many of your and my tax dollars are going to BP in the form of subsidies for corn ethanol. Hint: it's a-%&*!ing-lot.
- NYT Editors: "Hey, did you ever notice that the United States no longer has a trade policy?" Yes, this editorial (unsurprisingly) was written 12 months late, but, hey, at least they've finally noticed.
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