The Logic of the Market: An Insider's View of Chinese Economic Reform
Books / Hardcover
Books › Business & Economics › Economic History
ISBN: 1939709598 / Publisher: Cato Institute, January 2015
First published in China in 2010, where it became a best selling academic title,The Logic of the Market is a collection of Weiying Zhang’s most influential essays on Chinese economic reforms. Considered China’s “leading market liberalist,” this book is a unique perspective on the market economy, implementation of economic policies, the potential for Chinese economic development, and its impact on American and global markets.
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Author Zhang, an advocate for the free market in China, teaches economics at Peking University and serves as the chief economist for the China Entrepreneurs Forum. This book unites some of his most important essays written over the past 30 years, offering insight on China’s economic reforms for Western readers. Zhang argues that the efficient operation of the economy does not require the assumptions of traditional economics; he also recommends political reforms along with economic changes. The essays are grouped in sections on the nature of the market, the logic of China’s reform, the origins of the financial crisis, and China’s future. Some specific subjects addressed include market reforms and income distribution, the rise of entrepreneurs in China, profits and corporate social responsibility, and anti-monopoly law. Annotation ©2015 Ringgold, Inc., Portland, OR (protoview.com)
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