The Logic of the Market: An Insider's View of Chinese Economic Reform

Language: English

Published by Cato Institute, 2015

1939709598 / 9781939709592

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First published in China in 2010, where it became a bestselling academic title, The Logic of the Market is a collection of well-known economist Zhang Weiying's most influential essays on Chinese economic reforms. Considered China's leading market liberalist, the author offers a unique perspective on the market economy, implementation of free-market economic policies, and the potential for Chinese economic development. He describes the market economy as .humanity's greatest creation. It provides the best rules of the game for human progress, and he believes it exemplifies the old Chinese proverb: benefit yourself by benefiting others. The author believes that only the institutional arrangements of private property, unhampered prices, enterprises, entrepreneurs, and profit guarantee that in a market economy, enriching oneself at the expense of others cannot be done. In fact, he argues, it is this logic of the market that has led to China's recent unprecedented economic progress and prosperity.…

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Title
The Logic of the Market: An Insider's View of Chinese Economic Reform
Author
Weiying Zhang
Publisher
Cato Institute
Publication year
2015
Condition
Good
Binding
Hardback
Language
English
ISBN 10
1939709598
ISBN 13
9781939709592

World of Books (was SecondSale)

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