Morning Wire China’s Slowing Economy & Harvard Earns a Zero | 9.9.23
Sep 9, 2023
China's economic growth is slowing, raising questions about its global dominance and impacting trade relationships. The podcast reveals shifts in Chinese exports to countries like Vietnam and Mexico, while tariffs keep the American import composition steady. Meanwhile, a troubling study exposes Harvard as the worst university for free speech, reflecting a divisive climate among students. Additionally, rising absenteeism in U.S. schools, exacerbated by the pandemic, signals a shift towards alternative education options.
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China's Economic Slowdown
- China's economic slowdown is linked to its real estate crisis and reduced reliance on Chinese exports by Western nations.
- The real estate sector, once booming, is now struggling with debt and declining revenues.
Harvard's Free Speech Ranking
- Harvard University ranks last in free speech, receiving a zero score from FIRE due to punishing researchers for their statements.
- Students' willingness to use violence against speakers and self-censorship is increasing, especially regarding political topics.
Increased Student Absenteeism
- Post-COVID, student absenteeism has risen sharply, with chronic absenteeism increasing from 15% to 25%.
- Factors include flexible learning habits, anxiety, learning loss, and alternative schooling options.