| The Logic of the Market: An Insider's View of Chinese Economic Reform Contributor(s): Zhang, Weiying (Author), Dale, Matthew (Translator) |
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ISBN: 1939709598 ISBN-13: 9781939709592 Publisher: Cato Institute OUR PRICE: $24.26 Product Type: Hardcover - Other Formats Published: January 2015 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economic History - Business & Economics | Development - Economic Development |
| Dewey: 338.951 |
| LCCN: 2014043702 |
| Physical Information: 1.3" H x 6.1" W x 9" (1.65 lbs) 284 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |
