Mises Wire
Author:
Ryan McMaken
Online Publish Date:
MarketWatch declares today : “It’s official: America is now No. 2”. That is, the US is, according to the IMF, the second-place country when measured in “national economic output in “real” terms of goods and services.” Given that China has well over three times as many people as the United States, one should really be asking “what took so long?”