International Studies Review | VOL. 11
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A Behavioral Economics Study of How US Trade Deficits with Asia Result in Hare Crimes in the US

Publication Date Oct 19, 2010

Abstract

Free trade is a sacred shibboleth to economists, but this paper is a behavioural economic analysis which points out a psychological flaw based on the phenomenon of Frustration-Aggression. Illustrating how US trade deficits with Asia-Japan, Korea and China-cause generalized economic frustration in the US and hence are significant related to all types of hate crimes. This is similar to the history of pre-WWII Germany. However, Japanese companies, by location substantial production facilities to the US, have been able to significantly reverse this phenomenon. China’s trade defict, largest vis-à-vis the US, shows a strong relationship with hate crimes in the US. In contrast, Korea was an ally of the US unlike Japan and China, with a relatively small trade deficit with the US, and so does not suffer from the stigma of other Asian Countries.

Concepts

US Trade Deficits Crimes In The US US Trade Behavioural Economic Analysis Trade Deficits Hate Crimes Japanese Companies Behavioral Economics Asian Countries Types Of Crimes

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