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The current American effort to rebuild domestic manufacturing rests on a dangerous misconception. Washington has become obsessed with…
“Germany must learn software. America must relearn manufacturing. China already combines both—and industrial leadership will belong to the…
For years, investors have been taught that only four rare earths matter: neodymium, praseodymium, dysprosium, and terbium. These…
Governments and financial markets have spent the better part of a decade searching for the country that will…
“China’s objective is no longer merely to dominate rare earth production at home. It is to control the…
The International Energy Agency estimates that full implementation of China’s rare earth export controls could place $6.5 trillion…
“China did not spend thirty years simply buying mines; it spent thirty years securing processing, metallurgy and the…
In his ongoing Jack-in-the-Stox series, Jack Lifton comments on public companies, technologies, capital markets, supply chains and geopolitics. He is not a…
The phrase “the calculus of the risk” entered American legal thinking through the work of Judge Learned Hand.…