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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Friday, December 13, 2019
What Xi Jinping thinks about development economics — Andrew Batson
Must-read.
Note: Xi Jinping was trained as a chemical engineer.
China will find its way, by following the ideology of a long dead German philosopher. Right. B for originality, A+ for stressing the role of the CCP.
Social democracy or neoliberalism - those are China's options, those are everyone's options. You want more items on the menu, do something about the need for commodity production.
Development economics for the West follows the two-step formula: 1. bomb 2. rebuild
China will find its way, by following the ideology of a long dead German philosopher.
ReplyDeleteRight.
B for originality, A+ for stressing the role of the CCP.
Social democracy or neoliberalism - those are China's options, those are everyone's options. You want more items on the menu, do something about the need for commodity production.
Development economics for the West follows the two-step formula: 1. bomb 2. rebuild