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Frank Li — Adam Smith vs. Karl Marx

Summary:
Frank Li is a Chinese ex-pat that settled in America after receiving a PhD in the US. He is an electrical engineer and entrepreneur.His take is informed from both the Chinese and American (Western) points of view and he offers a reasonably objective analysis in comparison to the largely one-sided and ill-informed one that one generally encounters in the West. His work covers the social, political and economic spectrum but this one focuses on economics. The dramatic rise of China over the past four decades not only has rocketed China's economy to the top of the world (in terms of PPP - purchasing power parity), with no end in sight, but also is ending western dominance over the past 200 years, at least. What does that mean to the world? Everything, from politics (End of Democracy?) to

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Frank Li is a Chinese ex-pat that settled in America after receiving a PhD in the US. He is an electrical engineer and entrepreneur.

His take is informed from both the Chinese and American (Western) points of view and he offers a reasonably objective analysis in comparison to the largely one-sided and ill-informed one that one generally encounters in the West. His work covers the social, political and economic spectrum but this one focuses on economics.

The dramatic rise of China over the past four decades not only has rocketed China's economy to the top of the world (in terms of PPP - purchasing power parity), with no end in sight, but also is ending western dominance over the past 200 years, at least.
What does that mean to the world? Everything, from politics (End of Democracy?) to economics!
This post is about economics. It highlights two giant economists: Adam Smith behind the West’s economy and Karl Marx behind Chinese economy....
econintersect
Adam Smith vs. Karl Marx
Frank Li | Chinese ex-pat living in the US

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Enter the dragon.

Sputnik International
China Wages Cold War Seeking to Replace US as Main Power - CIA Official

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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