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What the US and China can learn from their Olympic medals

The US showed why it is still the world’s only superpower. But it should not dismiss China’s social and political success as luck or cheating.

Among educated and internationally savvy Chinese, no current topic is more despised than the bickering over Chinese and American medal counts at the Tokyo Olympics. Narrow-minded nationalism holds scant interest for them, just as it does for most educated Americans – and, generally, for me.

But, as an economist, I am not so dismissive toward the medal-count discussion.

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    Original URL: https://www.afr.com/policy/foreign-affairs/what-the-us-and-china-can-learn-from-their-olympic-medals-20210817-p58jc7