China doesn’t offer the best business environment for American companies and FDI has plummeted. But Xi Jinping told CEO’s that his country will continue building a “first class business environment.” Meanwhile, Joe Biden tells American companies that they are monopolies and need to face higher taxes. This would likely lead to a decline in domestic business investment. But there is a logic to what these two leaders are doing. Recently passed and Nobel winning behavioral economist Daniel Kahneman said that “A reliable way of making people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth.” The warning for all of us is that political leaders reap what th...