Category: Capital control

The Law of Committee-Action Tardiness

13 February, 2015 (10:00) | Capital control, Capital markets, Committees, Global news, Government, Regulation, Speculation, Theory |

By: David A. Smith When it comes to analyzing government actions, we make too much of politics or partisanship and far too little of organizational behavior, which unlike politics can not only explain many decisions that would otherwise be incomprehensible but also guide our creativity in designing and implementing policies and programs. Time for the […]

China’s whistling tea-kettle

9 November, 2012 (09:00) | Bubbles, Capital control, China, Economics, Global news, Investment, Real estate, Speculation |

By:David A. Smith   A whistling kettle not only keeps the pot from exploding, it tells you the water’s boiling; it’s both a release valve and a signal.  And in China’s economy, as shown in this Wall Street Journal (October 15, 2012) article, the economic tea kettle is whistling loudly:   Capital pressure’s on the […]