Summary:
Beginning to figure out how China works and why Western expectations have been consistently wrong about China' stability and resilience. The post addresses much more than property rights.More evidence that the Chinese leadership groks the basics of MMT?Grasping RealityThis is, I think, both right and wrong. China has an... interesting property-rights system—your property is secure not ...Brad DeLong | Professor of Economics, UCAL Berkeley
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Mike Norman considers the following as important: China, Chinese economy, Credit, keynesianism
This could be interesting, too:
Beginning to figure out how China works and why Western expectations have been consistently wrong about China' stability and resilience. The post addresses much more than property rights.More evidence that the Chinese leadership groks the basics of MMT?Grasping RealityThis is, I think, both right and wrong. China has an... interesting property-rights system—your property is secure not ...Brad DeLong | Professor of Economics, UCAL Berkeley
Topics:
Mike Norman considers the following as important: China, Chinese economy, Credit, keynesianism
This could be interesting, too:
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Beginning to figure out how China works and why Western expectations have been consistently wrong about China' stability and resilience. The post addresses much more than property rights.
More evidence that the Chinese leadership groks the basics of MMT?
Grasping Reality
This is, I think, both right and wrong. China has an... interesting property-rights system—your property is secure not ...
Brad DeLong | Professor of Economics, UCAL Berkeley