Analysis

Economic theory

A Copernican Revolution in Western economics & China’s supply side reform

Every 4th May is National Youth Day in China. In 2016 I was invited on that day to deliver a lecture to Chinese young economists on how developments in ...
Read More

Why Chinese neo-liberals are forced to falsify world history

China's economic discussions are the most advanced in the world - for anyone who follows them what passes for 'economic debate' in most of the ...
Read More

Reality & myth of the US ‘internet revolution’

​China is speeding up still further its ‘internet revolution.’ From the viewpoint of China’s overall economic strategy premier Li Keqiang has launched the concept of ...
Read More

The global significance of China’s discussion on the economy’s ‘supply side’

  A major discussion is taking place in China on the issue of its economy’s ‘supply side’. Naturally there are aspects of this which relate ...
Read More

Deng Xiaoping – the world’s greatest economist

​August 22, 2014 was the 110th anniversary of the birth of Deng Xiaoping. Numerous achievements would ensure Deng Xiaoping a major position in China's history ...
Read More

How Singapore achieved a higher per capita GDP than the US

​The economic development of Singapore under is famous as one of the greatest success stories in history. Singapore has become the only Asian country to achieve ...
Read More

How IMF policies helped oligarchs loot Russia – lessons for China and other countries

​ ​In 1992-98 the greatest peacetime economic collapse in a major country since at least the Industrial Revolution took place in Russia under the impact ...
Read More

Why Adam Smith’s ‘classical theory’ correctly explained Asia’s growth

The growth of Asia’s rapidly developing economies is a vital practical issue for the living standards of billions of people and a decisive test of ...
Read More

To become a high income economy China needs to study facts not myths

​Unfortunately some discussion in the media of how China can become a 'high income' economy fails to follow the fundamental Chinese saying ‘seek truth from ...
Read More

Why do Western economies have hard landings but China doesn’t?

​IntroductionThe media outside China periodically carries predictions of a China ‘hard landing’. For example George Soros grabbed headlines earlier this year by declaring of China: ...
Read More