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 ...
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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 ...
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Reality & myth of the US ‘internet revolution’

‚ÄčChina is speeding up still further its ‚Äėinternet revolution.‚Äô From the viewpoint of China‚Äôs overall economic strategy premier Li Keqiang has launched the concept of ...
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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‚Äôs ‚Äėsupply side‚Äô. Naturally there are aspects of this which relate ...
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Deng Xiaoping – the world’s greatest economist

‚ÄčAugust 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 ...
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How Singapore achieved a higher per capita GDP than the US

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

‚Äč ‚ÄčIn 1992-98 the greatest peacetime economic collapse in a major country since at least the Industrial Revolution took place in Russia under the impact ...
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Why Adam Smith‚Äôs ‚Äėclassical theory‚Äô correctly explained Asia‚Äôs 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 ...
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To become a high income economy China needs to study facts not myths

‚ÄčUnfortunately some discussion in the media of how China can become a 'high income' economy fails to follow the fundamental Chinese saying ‚Äėseek truth from ...
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Why do Western economies have hard landings but China doesn’t?

‚ÄčIntroductionThe media outside China periodically carries predictions of a China ‚Äėhard landing‚Äô. For example George Soros grabbed headlines earlier this year by declaring of China: ...
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