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Francis Bator

Francis Bator

Francis Bator, Professor of Political Economy Emeritus at Harvard’s Kennedy School of Government, was Deputy National Security Adviser under US President Lyndon B. Johnson, and has consulted for the US Treasury, State, and Defense Departments. He is a member of the Council on Foreign Relations, a fellow of the American Academy of Arts and Sciences, and a recipient of the US Treasury Department’s Distinguished Service Award.

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  4. rodrik174_STRAFP via Getty Images_chinafacemaskfactorymanufacturing STR/AFP via Getty Images

    China as Economic Bogeyman

    Dani Rodrik

    Many Western economists presume that governments are not very good at identifying industries that merit support, and that domestic consumers and taxpayers incur the bulk of the costs. By the same logic, if Chinese policymakers effectively targeted activities where social benefits exceed private benefits, then it is not clear why foreigners should complain.

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