Current Events

Re: Tyler Cowen: Two Prisms for Looking at China’s Problems

Peter Sidor — Mon, 20 Aug 2012 05:36:12 GMT

Oh, and the link might be useful, too: :)

https://www.nytimes.com/2012/08/12/business/two-ways-to-see-chinas-problems-economic-view.html?_r=1

Re: Tyler Cowen: Two Prisms for Looking at China’s Problems

thelion — Thu, 16 Aug 2012 01:32:44 GMT

He can read it; but he won't.

That's why I didn't bother applying to George Mason University when the time came to send out PHd applications.

Re: Tyler Cowen: Two Prisms for Looking at China’s Problems

Jon Irenicus — Wed, 15 Aug 2012 22:39:01 GMT

He can always read this.

Tyler Cowen: Two Prisms for Looking at China’s Problems

Peter Sidor — Wed, 15 Aug 2012 22:31:15 GMT

Tyler Cowen sums up his views on China's future with the Keynesian and Austrian approach - he doesn't get all of it right, but he is close!

He also very kindly links to the Mises Wiki, despite apparently not reading it:

"The Austrian view has a hard time explaining how so many investors can be fooled into so much malinvestment, especially given the traditional Austrian perspective that markets are fairly effective in allocating resources."

Isn't that just great? :)