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May 07, 2008

I'VE ALREADY MENTIONED FAREED ZAKARIA'S NEW BOOK, and comments on it by Lexington Green. Now here are some more thoughts worth reading, from Ross Douthat and Jim Manzi, who comments: "U.S. share of global economic output (on a purchasing power parity basis) has declined very slightly over the past twenty years – from about 21% to about 20%. But what has really happened over this period has been the rise of China and the rest of non-Japan Asia at the relative expense of Western Europe and Japan."