An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Saturday, January 12, 2019
TRNN - China Leads the Way in Eradicating Extreme Poverty
Barack Obama said neoliberalism was reducing poverty throughout the world, but most of the poverty reduction has mainly occurred in China which has embraced some free-market reforms. but not neoliberalism, They believe in having a government controlled central bank and a mixed economy.
Greatest contribution to global poverty reduction has come from China says Mark Weisbrot of the Center for Economic and Policy Research
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