Brad Delong — This Is, 1 Think, Both Correct Together With Wrong. China Has An... Interesting Property-Rights System—Your Belongings Is Secure Non ...

Beginning to figure out how Cathay industrial plant together with why Western expectations convey been consistently incorrect virtually China' stability together with resilience. The postal service addresses much to a greater extent than than belongings rights.

More prove that the Chinese leadership groks the basics of MMT?

Grasping Reality
This is, I think, both correct together with wrong. Cathay has an... interesting property-rights system—your belongings is secure non ...
Brad DeLong | Professor of Economics, UCAL Berkeley