by Summary:
A short and insightful explanation of developing an economics with Chinese characteristics. Chinese economists recognize that there are universal elements underlying economics as a science, and they also recognize that there are temporal, historical, cultural, and civilizational factors affecting the study of economics. Conventional Western economics emphasizes the former and downplays the latter, so while there are things that Chinese economists can learn from Western economics, Western economics is incomplete as it stands and is currently practiced. Therefore, Western economics needs to be supplemented by adding factors it ignores or downplays to make it more complete universally and also to adapt it particularly to non-Western conditions. ECNS (Chinese official English news service)(W.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
A short and insightful explanation of developing an economics with Chinese characteristics. Chinese economists recognize that there are universal elements underlying economics as a science, and they also recognize that there are temporal, historical, cultural, and civilizational factors affecting the study of economics. Conventional Western economics emphasizes the former and downplays the latter, so while there are things that Chinese economists can learn from Western economics, Western economics is incomplete as it stands and is currently practiced. Therefore, Western economics needs to be supplemented by adding factors it ignores or downplays to make it more complete universally and also to adapt it particularly to non-Western conditions.A short and insightful explanation of developing an economics with Chinese characteristics. Chinese economists recognize that there are universal elements underlying economics as a science, and they also recognize that there are temporal, historical, cultural, and civilizational factors affecting the study of economics. Conventional Western economics emphasizes the former and downplays the latter, so while there are things that Chinese economists can learn from Western economics, Western economics is incomplete as it stands and is currently practiced. Therefore, Western economics needs to be supplemented by adding factors it ignores or downplays to make it more complete universally and also to adapt it particularly to non-Western conditions. ECNS (Chinese official English news service)(W.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
Robert Vienneau writes Why Is Marginalist Economics Wrong?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
ECNS (Chinese official English news service)
(W. E. Talk•In-depth Interview) Zhang Xiaojing: Responding to Schumpeter's question, how to develop "China’s experience" to "China's theory"?
Han Yu