China accounts for about one-third of Australia’s trade and Chinese influence in Oz has intensified. While U.S. resistance to Chinese expansionism is intensifying, Australia is far more vulnerable to the Communist regime’s efforts to shape its economy, cities, and political system. As Joel Kotkin reports, Aussies are becoming alarmed.
At Least He Paid his Losing Bet
Paul Ehrlich, author of the spectacularly incorrect 1968 best-seller The Population Bomb, recently died at 93. Despite his longevity, Ronald Bailey points out in Reason, Ehrlich did not live to see even one of his numerous apocalyptic predictions come true. The world’s population certainly grew, but not merely larger, richer and fatter too. Most famously, Ehrlich once bet economist Julian Simon that the world was approaching economic collapse – but in 1990 had to mail Simon a cheque.
