But Mundell is still making his case, and when governments like China ask his opinion about whether to accede to the Bush Administration's demand to let the yuan float, Mundell always tells them to hold firm.
The swing of opinion towards China silenced activist criticisms of the policy of engagement.
They, and not the foreign media, bear the main responsibility for conveying China's public opinion and acting as a watchdog on its government.
But success in re-orienting growth will be not only good for China, in our humble opinion, but it will be good for the United States and for the rest of the world.
Herb Greenberg responded to Jackson via Twitter stating that going to China is not relevant in forming an opinion.
Over the ensuing years, however, public opinion swung in favour of China, and so came to accept what Mr Kissinger had done.
Doug Young lives in Shanghai and writes opinion pieces about tech investment in China for Techonomy and at www.youngchinabiz.com.
As of August 2012, the consensus opinion among investors seems to be that China would be unlikely to take restrictive actions against existing companies which are structured as VIEs simply due to the fact that there are so many of them in existence and due to the fact that the financial interests involved are already massive.
Writing a popular blog, her outspoken comments have found an audience among China's educated internet-users, hungry for opinion and satire.
In the early 1970s, when Henry Kissinger (academic foreign-policy expert par excellence) led Nixon to open relations with China, he was cutting against the grain of popular opinion.
Today, almost every analyst says China has more economic power than the United States, and the opinion is shared broadly throughout American society.
Additionally, Dell released the results of an opinion poll after interviewing nearly 1, 600 students, parents and teachers in China, Germany and the United States.
Even after both China and India announced they would revise their plans for nuclear expansion, experts continue to hold the same opinion.
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While opinion is mixed on whether its current slowdown will end in a hard or a soft landing, China is unlikely to trigger a full-scale commodities rescue in the near future.
An opinion poll published this week found that 58% of Australians approved of Mr Rudd's handling of China.
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