Home > History Repeating Itself > Tyler Cowen Elaborates on China

Tyler Cowen Elaborates on China

Following up on yesterday’s topic, Tyler Cowen has written a piece in the New York Times called “Two Prisms for Looking at China’s Problems.” He offers a Keynesian interpretation and an Austrian interpretation, and the differences between the two are telling.

Anyone want to take a $100 bet that the aftermath looks more like the Austrian interpretation? I’d be glad to take your money…

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