America

While the US Treasury's semi-annual report on the foreign-exchange policies of major U.S. trading partners has traditionally been, pardon the pun, a paper tiger, as the US has not named a single country as a currency manipulator since it did so to China in 1994, and it didn't go so far as to blame any country as an outright manipulator in the just released April edition, there was a new addition to the latest report.

Starting this week, New Urbs will be regularly collecting the best content we’ve read each week that we didn’t publish—but would have. Read something you think should make the cut? E-mail Jon Coppage or tag @NewUrbs with the link on Twitter.

“Reclaiming Redneck Urbanism” via MarketUrbanism

By combining these liberal land-use regulations with narrow streets shared by all users, we ironically find in many trailer parks a kind of traditional urban design more common in European and Japanese cities.

With the Chinese government having dramatically clamped down on various forms of capital flight in recent months (incidentally, a key driver for the surge in the price of bitcoin over the past year), Chinese residents have been coming up with increasingly more innovative forms of capital flight. One, noted previously, has been the unprecedented scramble to purchase foreign companies with no regard for price. After all, if the only intention is to have a legal basis to ship funds offshore, and debt investors willing to foot the bill, why not.

David Brooks says that he’s not taking Donald Trump’s march to the nomination lying down. He confesses that he has spent too much time inside bourgeois circles, talking to people like himself, and hasn’t spent enough time out with the kind of people who respond to Trump’s message.

Donald Trump could not have paid for a better advertisement for his campaign. From the Los Angeles Times:

Hundreds of demonstrators filled the street outside the Orange County amphitheater where Donald Trump held a rally Thursday night, stomping on cars, hurling rocks at motorists and forcefully declaring their opposition to the Republican presidential candidate.